Consensus Point will be showcased as one of ten of the most innovative companies currently transforming the information industry at the Software & Information Industry Association (SIIA) ”Information Industry Summit 2013: Breakthrough” event in New York. Consensus Point was chosen by SIIA judges to present in their “2013 Previews Competition” and will be the only software company with a prediction market platform.   SIIA is the principal trade association for software and digital content industries.

Linda Rebrovick, Consensus Point CEO, will present on January 30. “We are pleased to be recognized by the SIIA as one of the most innovative companies in the software and digital content industries in 2013.  Our proven techniques to efficiently aggregate reliable predictions from a community, combined with innovative new market research approaches, are the key to our success.” states Linda.

Consensus Point strives to transform and improve the predictive information landscape for decision makers. The ever increasing complexity of today’s markets creates a demand for simple and accurate indicators as to where consumer demands will be on the horizon. The company’s significant experience and expertise using prediction markets to extract corporate information has been equally successful in its application to consumer market research and digital content.

Session 1 of The Ticker ended last week, and Session 2 has begun.  This time around Consensus Point and Gannett have opened up the play across multiple Gannett newspapers, and we are excited to see that readers are enthusiastically joining in the fun.  The reasons for The Ticker’s success? 1. The content – The market was full of Olympics questions which appealed to both men and women.  2. The competition – To keep it interesting, players are are recognized for achieving both the highest net worth over the course of a session and for achieving the highest ROI on a weekly basis.  3. The prizes – In Session 1 and Session 2, we are giving away a $100 ROI prize every week and a $250 prize for the highest net worth over the course of the session.

Classic prediction market wisdom suggests that it’s all three that are keeping players engaged and encouraging them to share their knowledge.  In this blog, we’ve written extensively on prediction market best practices, and we definitely practice what we preach.  For The Ticker, we are offering well-aligned incentives to a diverse group and asking questions that have interest for them.  And we are seeing that prediction markets work when you follow best practices.  Session 1’s Olympic market was accurate 82% of the time.  The crowd knew that Michael Phelps would win four gold medals days before the results were final, and predicted the point spread of the U.S. men’s basketball game versus France within one point.

Interested in knowing more? Visit our website at www.consensuspoint.com.

Or to play a real market, visit The Ticker.

If you are interested in learning more about the Springboard bootcamp (the organization that we posted about last week), the following article should shed some light on this year’s program, http://pandodaily.com/2012/07/27/springboard-welcomes-new-accelerator-class-of-women-led-companies.

Our CEO, Linda, came back from Springboard and couldn’t say enough about what a wonderful experience the event had been.  She was impressed by both by the other participants as well as by the mentors.  “It is an honor to be chosen as one of the eleven women-led companies to be included in the Springboard accelerator program,” said Consensus Point CEO, Linda Rebrovick. “We will benefit greatly from the Springboard network of successful women entrepreneurs, investors and the other innovators in this year’s program.  We look forward to having their valuable guidance to grow our business of providing our prediction market technology, Huunu.”

Nashville, July 25, 2012, CONSENSUS POINT, a leading social prediction market company providing solutions for market research and market intelligence, has been announced as one of eleven seed- and growth-stage companies selected for Springboard’s 2012 Media/Tech community-driven accelerator program. For over a decade, Springboard has provided over 500 emerging growth businesses led by women with access to the human and financial capital needed to scale.

Selected from over 100 applicants globally by a Springboard committee of investors, seasoned entrepreneurs and industry experts, Consensus Point was invited to participate in an entrepreneur “Bootcamp” program held at Bloomberg in NYC and to meet with the members of Springboard’s recently announced Media/Tech Council.

Since 2000, Springboard has become a central player in the infrastructure that fosters women’s entrepreneurship with the goal of making direct connections for women entrepreneurs to sources of capital. “We’re bullish on the companies for this year’s accelerator program,” said Springboard Chairman Kay Koplovitz. “We are ready to put the full force of our ‘human capital’ to work for these promising innovators.”

Springboard’s accelerator program involves the active participation of industry leaders and hundreds of investors, accountants, lawyers and business development professionals in recruiting, qualifying and coaching emerging growth businesses led by women. Each company is assigned a “personal advisory board” that assists the companies in refining their presentations and facilitating connections to investors and business development opportunities.

If you would like more information about Consensus Point, you can find it at www.consensuspoint.com

Consensus Point is excited to bring back The Ticker. We’ve partnered with Gannett Media to expand the popular Tennessean Ticker game.  Six Gannett media companies – The News-Press, Tallahassee Democrat, Greenville News, Clarion-Ledger, Tennessean, Florida Today, and a television news station, First Coast News, are participating in the game that is free to the public.

The Ticker is a stock market style game that allows players to predict the outcomes of future events. Players who make the most accurate predictions can win a weekly $100 ROI prize and a potential grand prize.

Questions will cover a variety of topics from whether Phil Mickelson will finish in the top 10 at the British Open to weather there will be eight named storms in the Atlantic by August 7. Past markets have accurately predicted events such as the winner of the Heisman Trophy in correct finishing order days before the results were announced.

The Ticker offers Gannett properties a way to connect with their communities and make the news fun and interactive. It will reach a broad audience by providing a wide range of questions and will create an interactive relationship with readers. “Our platform provides a new way for media outlets to engage their audience and understand the probability of future events,” said Linda Rebrovick CEO of Consensus Point.

To play The Ticker, go to tennessean.com/ticker.

The Tennessean and Consensus Point have teamed up once again to launch Tennessean Ticker. Tennessean Ticker is a stock market style game that predicts the outcomes of events that cover a wide range of topics, from basketball to politics to Oscar winners and everything in between. Will Romney have the most votes on Super Tuesday?  Who will be presented with the rose on The Bachelor? Will the University of Kentucky make it to the Final Four? These are just a few of the questions that the Tennessean.com audience can expect to answer.

Tennessean Ticker makes the news fun again!

In the game, participants browse categories of questions and choose those questions that they feel the most confident about.  Players receive points that they use to answer questions and express their level of confidence in their answer.  The answers are collected to provide a likelihood that that event will actually occur.

Tennessean Ticker is a follow-up to the Tennessean.com’s successful Football Futures market which brought new users to Tennessean.com and engaged readers in an entirely different way.  The goal of Tennessean Ticker is to reach a broad audience by providing a wider range of questions and to create an interactive relationship with readers. Linda Rebrovick, CEO of Consensus Point believes that this will create a new type of relationship between readers and media outlets, “Our platform provides a new way for media outlets to engage their audience while creating content at the same time.”

Tennessean Ticker predicts future events using the same Consensus Point technology that research companies, government agencies, Fortune 500 companies such as GE and Motorola utilize.   Consensus Point is a leading prediction market research company providing the next generation of intelligence for research and media markets.  Their new Huunu platform enables companies to aggregate knowledge in a market environment to predict future events and market preferences.

“We are pleased to continue our partnership with the Tennessean through the launch of ‘Tennessean Ticker’.   The Tennessean team continues to set the pace in their industry by leveraging our ‘Huunu’ prediction market platform to engage and entertain their audience while creating real-time, valuable user driven digital content for their media channels. Tennessean fans will enjoy the challenge of predicting the future to prove they are right,” said Linda Rebrovick, CEO of Consensus Point.

To participate in Tennessean Ticker, go to: www.tennessean.com/tennesseanticker.