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And the Oscar goes to…Prediction Markets – Harnessing Collective Intelligence to Anticipate Success

Qmarkets

Once again the power of Prediction Markets was displayed last week, as it correctly predicted 19 out of the 24 winners at the 2015 Oscar awards; an accuracy level of 79%. Prediction Markets can be used to pre-emptively ascertain the value of any idea, strategy, policy or action, which makes it an invaluable tool to many of our customers.

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Can an Open Innovation Challenge Methodology Help Solve the Refugee Crisis?

Qmarkets

In 2015, an overcrowded boat carrying a group of Syrian refugees capsized and sank off an island in Greece. Software for running and managing prediction markets in the corporate setting is commercially available and can easily be modified for this particular purpose.

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Diamonds in the Rough – How To Discover More Innovative Business Ideas For Your Enterprise

Qmarkets

One hears the idea of someone else and gets inspired to a new idea: we call this process 'idea synthesis'. But these discussions require rules to make sure that even ideas which sound awkward at first are also considered. Two members of a group do not need to meet anymore to discuss and improve an idea.

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Game Changers: How Citizen Science and Gamification Are Transforming the Business World

Qmarkets

In 2015, citizen scientists associated with Earthwatch gathered crucial data that assisted the Canadian parks department in applying more effective forest fire treatments – thus protecting native grasslands and wildlife populations. HENRi@Nestle is an open innovation platform powered by Qmarkets software.