Smart Systems and Data Analytics - The Economist Article
In this article, The Economist discusses the potential of smart systems, sensors and data analytics. The more data available, the more efficiently resources can be allocated.
For example "Smart power meters can vary electricity rates to reduce peak demand. Such tricks make smart systems a crucial tool in tackling global warming. By one calculation, if America's power grid were only 5% more efficient it would save the equivalent of the greenhouse-gas emissions of 53m cars."
The Economist. Nov 4, 2010. Smart Systems - Living in a See Through World - Clever use of ubiquitous technology will make the world a more efficient place - but it has a dark side.
