Xpree.com - Letting You Predict the Future

The current forecasting paradigm used by corporations and their motley team of gurus and experts isn’t always the most accurate. Apple TV was not the next iPod and the Boeing Dreamliner isn’t quite done yet. Try as they might, professional forecasters’ predictions seemingly lack something. Xpree thinks it’s the wisdom of the crowd that’s missing. Xpree, and a handful of other startups have gotten into the business of making forecasting more efficient and accurate by utilizing the knowledge of those with hands-on experience—the linemen, the programmers, the mechanics, etc.. Although still in its infancy, Xpree taps into this resource using an online dashboard for employees to bet on projected finish dates, success of a product, etc. The winners of the bets win virtual money that go toward prizes. This information is packaged for clients and corporations. There is also a consumer-side product that lets the public submit ideas and vote on market predictions.

“Prediction Markets
You work with smart people – they know what’s happening.
Tap the collective intelligence of your employees, partners and customers to innovate and predict the future.
Xpree provides user-friendly prediction market solutions that enable open innovation and unbiased forecasting.”

“Prediction Markets
You work with smart people – they know what’s happening.
Tap the collective intelligence of your employees, partners and customers to innovate and predict the future.
Xpree provides user-friendly prediction market solutions that enable open innovation and unbiased forecasting.”

Are employees always right? This could work both ways. As with all things, there is potential for employees to skew the results of the bet. Will this happen? Time will tell.