VentureBeat - Latest Comments in Xpree taps “wisdom of crowds” to let companies make better forecasts

Re: Xpree taps “wisdom of crowds” to let companies make better forecasts

Jed Christiansen — Mon, 18 Feb 2008 18:38:48 -0000

Mat and the Xpree team are doing some great things, but saying that other companies serving the corporate market "are in their earliest stages" is just flat-out wrong.

NewsFutures has been licensing their software for nearly a decade, and ConsensusPoint has been selling their software for a number of years, as well. Even Inkling has been around for over two years.

Re: Xpree taps “wisdom of crowds” to let companies make better forecasts

Dwayne Charrington — Sat, 16 Feb 2008 06:49:05 -0000

With a great idea comes competition. Take for example Youtube, look how many similar sites took advantage of the idea and found ways to implement it in a better way.

I personally think it's a great idea and I hope it does well. I will be keeping an eye on the progress of this new venture.

- Dwayne Charrington.
http://www.dwaynecharringto...

Re: Xpree taps “wisdom of crowds” to let companies make better forecasts

Benoit — Fri, 15 Feb 2008 13:15:46 -0000

That's a pretty smart idea, but technically-speaking easy to duplicate and the competition will be tough. They may want to include more forecasting options (simulation & statistical analysis etc..) and see how they compare to provide better estimates to their clients.