New IT tool predicts book sales prior to publication
Tuesday, June 25, 2013 - 10:30
in Mathematics & Economics
In Granada, researchers have developed a new IT system that predicts the volume of sales a book will have if it is finally published. This information will be of great value to publishers, who could use it to decide on the print run. The new tool, called PreTEL, is based on artificial neural networks and it can make statistical simulations of book launches and print runs that could help decide whether a book should be published or not.