Tag Archives: Best Buy
Do businesses need enterprise prediction markets?
Competitive advantage can be obtained either by differentiation or by low cost. Enterprise prediction markets certainly don’t foster the innovation process, and they are surely not the cheapest forecasting tool. EPMs require special software, the hiring of consultant(s), the participation of all, and a budget for the prizes. EPMs are costly, and they take time [...]
Is Spigit stealing the Best Buy quotes on enterprise prediction markets that does in fact belong to Consensus Point (which is the software vendor that has Best Buy as its customer)?
Look at the quote at the bottom of this webpage.
UPDATE: They have just brought the Best Buy quote down.
How Best Buy make use of their prediction market software
Here are 2 videos about how Best Buy use the “Web 2.0″ information technology (and that includes enterprise prediction markets) to further their business.
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One short video:
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One long video:
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WSJ on Best Buy’s enterprise prediction markets
WSJ on Best Buy’s enterprise prediction markets — $$$ — Use this trick to access the content.
APPENDIX: A good blog post on enterprise prediction markets
The New York Times article doesn’t mention Google’s enterprise prediction markets, alas. — Bo Cowgill says that the illustration published in the sidebar defines exclusively what is done at Google.
Right-click on the New York Times graphic below, open Bo Cowgill’s post in another browser tab, and read his arguments.
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Image Credit: Chris Gash for the New York Times
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Adam Siegel of Inkling Markets is also out with a post on that NYT article, but it is of no intellectual interest. Maybe Adam should blog less quickly [...]
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