The Obama administration raised the innovation bar by incorporating social media into its campaign and day-to-day operations. Tales from the Technoverse’s blog post on “Technologies to Watch in 2010,” confirms that prediction markets are being successfully incorporated into government entities and will continue to be on the rise in 2010.  The Consensus Point government clients have been successful in projecting results and reducing uncertainty with prediction markets.

Excerpt from Tales from the Technoverse, “Technologies to Watch in 2010″

[Government 2.0] will also lead to greater use of 2.0 technologies to implement various versions of crowd sourcing. Where Intellipedia and Aspace are big news, internal wiki’s will become more second-nature. Pilots associated with prediction markets, using groups to predict things like project results or other public facing data, are starting to be piloted by early adopters.

Consensus Point is the leader in prediction markets, collective forecasting, and innovation management.

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