Sunday, March 9, 2014

Monetizing the LPR data base

A vast amount of license plate location and time information is being collected and stored by commercial entities.  The data base/data mining model dictates that every possible profit be rendered from this information.  Primary reasons for collection may be sale of info to law enforcement or repo services there are far more opportunities to monetize the data base.  

It is probable that many information applications are not publicized.  They are open to a great amount of speculation however since the profit motivation is obvious for certain applications.

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