Fair Oaks, CA (PRWEB) June 29, 2010
Qmarkets.net, a global leader of enterprise prediction markets software, announced today it has received government funding for the development of their second generation collective forecasting platform.
After 3 years of live customer experience and several customer success stories with their enterprise prediction markets software, Qmarkets has decided it is time to take the next step, and prepare to launch their second generation software, due to be released in August, 2010.
“We can’t wait to launch our second generation prediction markets software, applying the 4 years of excellent experience we have gathered from our customers”, says Noam Danon, Qmarkets CEO & Founder. “Enterprise prediction markets have come a long way in the past 4-5 years, as more and more companies discover its unique capability to improve enterprise forecasts. During these years, we have learned many lessons, and receive amazing feedback from our customers and from the market in general. We plan to apply these lessons to the new product, and I am sure it will enable to us make prediction markets a common management tool for making better decisions”, says Danon.
Danon is not the only one to identify the great potential in prediction markets, a fascinating and innovative methodology that allows companies to choose which products will succeed more than others, discover industry trends, improve their sales forecasting or manage risks in large scale ongoing projects. Leading market research companies, including Gartner, Forrester and McKinsey and more all provide coverage of these markets, and financial and managerial newspapers are filled with articles covering success stories of this method.
“In the last 2 years, we have seen a shift lead by prediction markets vendors like us, to leave the classic form of markets designed in the academic world 20 years ago, and fit them to the unique world of the enterprise customers”, says Michael J Stilger, global solutions director at Qmarkets. And indeed, looking at many of the case studies from Fortune 500 companies worldwide, it becomes apparent that this world is maturing, and steadily going towards simplified versions of the classic markets, to allow companies to easily and effectively involve thousands of employees and customers in this exciting collective forecasting process.
Qmarkets specialises in enterprise-grade collective wisdom software solutions.
We enable organizations to improve their business results and reach better decisions while securing their employees’, customers’ and partners’ commitment.
Qmarkets enterprise grade Idea Management and Prediction Markets software offer companies a simple and effective way to tap into the collective genius within the organization, and improve their innovation process and results.
With an ever growing amount of installations globally, Qmarkets has been widely acknowledged as a technology and market leader in the field of idea management and predictive markets.