By George Mattathil – There are two characteristics that determine the value of applications:
- Intrinsic data intensity, and
- Economic utility.
Weather prediction, gene sequencing and product design simulations are high data intensity applications with high economic utility.
Entertainment videos are examples of high data intensive application with low economic utility.
Electronic payment is a low data intensity application with high economic utility. more> http://t.co/KeeCW98SbL
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