Enterprise crowdsourced forecasting using prediction markets
Failure Risk for
Cultivate Forecasts
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Cultivate Forecasts Overview
Cultivate Forecasts reduces decision uncertainty and risk through crowdsourced forecasting. This platform captures forecasts from your organization, customers, and advocates for smarter enterprise decisions.
Cultivate Forecasts Use-Cases and Business Priorities: Customer Satisfaction Data
Cultivate Forecasts works with different mediums / channels such as
Phone Calls.
Reviews
"...Cultivate Forecasts is a crowd-driven forecasting platform that uses prediction markets to help users get smarter about important decisions...."
Peer review
Cultivate Forecasts,
belong to a category of solutions that help Sales Intelligence.
Each of them excels in different abilities.
Therefore, determining the best platform for your business will depend on your specific needs and requirements.
Cultivate Forecasts Customer wins, Customer success stories, Case studies
How does Cultivate Forecasts address your Forecasting Challenges?
Cultivate Forecasts is a platform that enables users to gather internal forecasts and measure forecast accuracy. The platform utilizes prediction markets and crowd-driven forecasting, allowing users to update their forecasts over time. Cultivate Forecasts provides a range of services, including program design, management, and execution, to enhance forecasting capabilities within organizations.
"...Cultivate Forecasts is a crowd-driven forecasting platform that uses prediction markets to help users get smarter about important decisions...."
Peer review
How can Cultivate Forecasts enhance your Engaging And Following Up process?
The service encompasses forecasting program design, management, and execution. It involves engaging teams in decision-making and holding them accountable for outcomes. The service also provides guidance on implementing a new program that is engaging and valuable.
U.S. Government White House Office of Science and Technology Policy (OSTP)
- Government Administration
INFER helped the U.S. Government Office of Science and Technology Policy use issue decomposition and crowdsourced forecasting to address national security concerns in microelectronics. The challenge ...was to regain U.S. leadership in semiconductor innovation. Cultivate Labs ran a year-long decomposition lifecycle, including workshops, research, and expert reviews. They created a decomposition map and developed forecast questions to track progress. Quarterly reports visualized scenario likelihoods and changes in expert judgment.
Cultivate Forecasts helped Royal Dutch Shell's Global Exploration Group use crowdsourced forecasting for drilling and lease sale decisions. Shell launched the platform with 200 employees in the Gulf ...of Mexico, then expanded it to over 800 globally. The prediction market improved forecast accuracy and gave everyone a voice. Insights from the platform led to a 94% success rate in a recent lease sale. Forecasts also influenced bid amounts and challenged conventional thinking.
Cultivate Forecasts helped Broadspectrum, a Ferrovial subsidiary, improve strategic decision-making. The company used crowdsourced forecasting with hundreds of employees in its government defense pra...ctice. Employees provided quantitative and qualitative forecasts on business and industry outcomes. The platform increased forecast accuracy, improved collaboration, and gave real-time insights. Broadspectrum integrated these forecasts into their decision process and recognized top contributors monthly.
