At the heart of Sense Networks' technology is the MVE algorithm:
Sense Networks attributes 487,500 dimensions to every place in a city, thus identifying a unique and complex 'DNA' which describes it completely... Proprietary MVE (Minimum Volume Embedding) algorithms reduce the dimensionality of location and temporal data to 2 dimensions while retaining over 90% of the information.
The company eventually plans to produce an application that learns the movement patterns of a mobile phone user over time, subsequently providing recommendations for places to visit when the user visits a new city. For example, if you like to visit ice-cream shops in your hometown, the application will automatically learn this behavior. When you go to visit another city in another state, the application can automatically "sense" and report to you where the most popular ice-cream shops are in that city based on location data from other ice-cream lovers.
The application of this kind of technology to social networks and consumer-enriching applications is exciting, but the privacy implications can be frightening. Sense Networks has a special executive called the CPA (the "Chief Privacy Advocate") who deals with privacy concerns. Their philosophy is to give a user complete ownership over the data they choose to share, as well as a provision for the user to easily delete at any time the data they have already chosen to share.