View source for Finance:Percept (information technology)


A '''percept''' in the [[Engineering:Information technology|information technology]] industry is a term used in the pricing of [[Data transmission|data transfer]]. For example, rather than charging an individual (who is remotely retrieving data from say a weather sensor or a GPS device) by the size of the data, a company would charge that individual by the percept.  Here a percept would constitute a [[Statistics|statistical data]] point, such as a GPS location. Pricing per percept would mean that a customer or individual using that GPS device would actually be charged per unit of true economic value to him/her, a GPS location datapoint, rather than on the size of that datapoint in [[Bit|bit]]s/[[Byte|byte]]s/[[Kilobyte|kilobyte]]s, etc.

[[Category:Data transmission]]
[[Category:Pricing]]



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{{Sourceattribution|Percept (information technology)}}