NEW YORK, March 26, 2020 /PRNewswire-PRWeb/ -- Real-time location data tracking firm Thasos was featured by popular hedge fund publication Euromoney in its recent article on the impact of coronavirus on retail traffic.
Thasos' property-level technology uses the latest data and research, including bias-adjusted population estimates going back to mid-2017, to demonstrate how the coronavirus is currently affecting foot traffic and to predict when consumer shopping habits will revert to levels prior to the pandemic.
Thasos Chief Data Scientist Wei Pan commented, "Thasos' data is useful to hedge funds, which make up the majority of our clients, in helping to time for a recovery as well as to government agencies in understanding and interpreting human behavior. What this real-time data showed, for example, was what would likely happen in other U.S. cities after the coronavirus hit Seattle – and, indeed, what did happen one week later. Many investors are in cash right now and want to time when to get back in. Real-time data like this will give them that edge."
Thasos provides an ever-growing number of investors, government agencies, and central bankers with intelligence that is crucial to navigating the current global economic crisis. The Company converts real-time location data from mobile phones into actionable information, including key performance indicators for individual locations, companies, and industries to measure and forecast global economic activity.
To view the Euromoney article, please click here.