<$BlogRSDUrl$> Marcus P. Zillman, M.S., A.M.H.A. Author/Speaker/Consultant
Marcus P. Zillman, M.S., A.M.H.A. Author/Speaker/Consultant
Internet Happenings, Events and Sources


Tuesday, December 02, 2008  



Consensus Point - Foresight Prediction Market Server
http://www.consensuspoint.com/products/

The Foresight Server is a prediction market software platform that has been specifically designed for the enterprise environment. A prediction market is a type of trading system that functions just like other exchange — buy low, sell high. Once you define the future events that require more intelligence, the market participants use money — either virtual or real — to buy stock in outcomes that they believe are probable, and sell the ones that they think won't happen. The real power of the Foresight Server is its ability to aggregate thousands of distributed and diverse options into a single, very accurate prediction (about what's going to happen next). Market-derived consensus has been shown to be a superior predictor to polling and focus groups. Since the Foresight Server is Internet-based, you can allow your employees, vendors, customers or anyone else to participate in the market, either anonymously or with publicly-viewable profiles. The market stays open 24/7/365, which provides a continuous stream of information about the likelihood of future events. The Foresight Server sets the standard for accuracy, flexibility, and ease-of-use. Scalable to any level that you require, the Foresight Server is an open-source software platform that is commercially licensed as an on-premise solution. This has been added to Prediction Markets Subject Tracer™ Information Blog.

posted by Marcus Zillman | 4:16 AM
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