Prediction Market
Spigit's InnovationSpigit employs prediction markets to help you extract the most accurate knowledge from your employees. Prediction markets are tied to a particular event (for example, "How many units will we sell of product A?") and employees buy and sell shares with spigit currency to designate their belief in each option's likelihood. The current market prices can then be interpreted as predictions of the probability of each option.
Prediction Markets not only let you easily determine the aggregate of knowledge within your company, but track how information is disseminated. You can create unlimited markets on any conceivable concept. Plus, the prediction market ties in seamlessly with spigit's currency and repuation system, providing rewards for good predictions and penalties for bad ones. Prediction markets have been proven to be a powerful and accurate method of forecasting future events, and now you can easily integrate one into your corporation with spigit Enterprise.
Benefits
 | Improve research and development, improve employee morale, increase customer loyalty and drive bottom line growth. Learn how. |
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Partners
 | Join Spigit's partner program and create new avenues for delivering and implementing Spigit solutions. Learn More. |
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