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Nosco: Prediction Market Software for Companies

At the Enterprise 2.0 breakfast I held for Hill & Knowlton clients in Toronto last week, someone ask me about tools for capturing ideas from sales people with voting and commenting capabilities. Nothing sprang to mind, but I promised I would do some research.

Seems like a bit of an untapped market to be honest*, but one that hits all the buttons is Nosco (www.nosco.dk) from a Danish firm.

Not only does it allow voting and commenting, but it also allows participants to buy and sell shares in the best ideas and run competitions. For sales teams, I think these kinds of features could be ideal. The software can be hosted securely externally (so up and running quickly) or installed on a customer’s own servers.

* Since posting this, Noam Danon left a comment pointing me to QMarkets, another potential candidate. Any more out there I’m missing?

** Add Consensus Point to your list as well. President David Perry informs me that they “actually started developing prediction markets 15 years ago but things *really* started heating up with The Wisdom of Crowds came out.”