Prediction Markets + Market Predictions = Collective Forecasting That Pays Off

Tag Archives: prediction market software vendors

Based on what metric, exactly?

… asks our good doctor Emile Servan-Schreiber of NewsFutures, on the San Francisco clown’s e-mailing list.
The answer is simple: The San Francisco clown (who hides behind the e-mail account of that young lady) will say anything for money. Whoever sponsors his phone-booth conference will be crowned as “the leading provider of prediction market solutions for [...]

How to set Reverse IP Lookup to anything that you like (or dislike, should I say, in this case)… including a NewsFutures server that does not exist in reality…!!!…

Dear readers,
Now is time to give you some background information about last week’s incident. As you all know, somebody was irked by what I said about the EPM software vendors and set up, not one, but two websites denigrating moi.
#1. I don’t care if someone makes a fool of moi. I am fair game. Plus, [...]

How that prediction market consultant in Holland attracts economic advisers on the cheap

Dear Mr. [PROFESSOR'S NAME GOES HERE],
I am writing on behalf of [PREDICTION MARKET SOFTWARE VENDOR'S NAME], a Netherlands based consulting firm, because our research has identified you as a scholar with some expertise in Prediction Markets or a related field. [THEY JUST SCRAPPED MIDAS ORACLE'S LISTINGS.] We would like to assess your suitability and interest [...]

Google rewards those who take part in web conversations about (enterprise) prediction markets.

Scanning the results for the query on “prediction markets”, I see that, focusing on the software vendors and prediction market consultants incorporated after the 2003–2004 starting point (hence, excluding pioneer NewsFutures), Inkling Markets is ranked much higher than Consensus Point.

No need to wonder why. Adam Siegel (the Inkling Markets CEO) is an active participant in [...]

“that growth rate just isn’t as high as I wish it would be.”

As soon as that un-informed comment hit Google Reader, I received, in my e-mail inbox, proof that some prediction market vendors are doing very well lately, as prestigious Fortune-500 companies have been joining the ranks of organizations trying out enterprise prediction markets as their internal forecasting tool. Some of these names will be made public [...]

REBUTTAL: SalesForce, StarBucks and Dell demonstrate that enterprise prediction markets as intra-corporation communication tools (as opposed to forecasting tools) are overhyped by the prediction market software vendors and a little clique of uncritical courtisans.

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SalesForce
My Starbucks Idea
Dell’s IdeaStorm
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No need of trading technology to get feedback and suggestions from employees. A simple voting mechanism is more than enough.
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Previously: Enterprise prediction markets give voice to serious, technology-minded professionals who really know their vertical (engineers, analysts and contractors) —and reveal how frivolous and unpertinent most horizontal managers are.
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Predictify got funded… Great for those who will be hired… But is it a good thing, overall?

Via Nigel Eccles and Mat Fogarty, the Predictify blog, Mashable, and VentureBeat.
NewsFutures, Consensus Point and Inkling Markets were self-funded, are now profitable, and are continuing to address their customers’ problems with a continually improved technology. These 3 prediction market software vendors are proving that you can create a sustainable business without the need to get [...]

Google’s Bo Cowgill takes a swipe at the prediction market software vendors.

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Using Prediction Markets to Track Information Flows: Evidence from Google – (PDF file – PDF file) – by Bo Cowgill, Justin Wolfers, and Eric Zitwewitz – 2008-01-06
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Bo Cowgill:

[...] Trade-by-trade data can reveal characteristics of specific working groups: What they know, how they feel, how they process and share information and how all of that changes [...]

Which software for prediction markets is the best?

John Ives:
HSX software certainly has a lot of head room to offer to a relatively small project such as Storage Markets. Given the prediction market software vendors available to us during late 2005, we were very happy with our choice of HSX. Alex and his team at HSX provided excellent customer service and were extremely [...]

Storage Markets – The True Story – Straight From The Horse’ s Mouth

John Ives:
HSX software certainly has a lot of head room to offer to a relatively small project such as Storage Markets. Given the prediction market software vendors available to us during late 2005, we were very happy with our choice of HSX. Alex and his team at HSX provided excellent customer service and were extremely [...]

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