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SmithBayes put its own software to use when it picked a subscription-based business model instead of licensing the technology or setting up a consultancy. Most clients start with an initial yearly package costing around $200,000. That's not cheap, but Williams calls it good value considering it helps clients place strategic bets worth millions. Sectors constantly affected by uncertainty and flux may find it most useful: think telecoms, oil companies, traders, insurers and betting companies. Firms that toil in steady environments may be less interested, but, as Williams points out, "there seem to be fewer and fewer of those around."

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Developed for the World Economic Forum by Professor Xavier Sala-i-Martin, the Global Competitiveness Index (GCI) measures the competitiveness of nations using economic statistics and extensive polling of international business leaders.



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ROBB LEVIN, resident of Fairfax, Virginia, on the $15,000 lawsuit settlement made against Tareq and Michaele Salahi, the White House gate crashers, who are also involved in at least 15 other civil suits

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