CrowdWorx is a SOCIAL FORECASTING tool which utilizes the knowledge of your employees and transforms it to quantitative forecasts about sales, new products, and other business KPIs.

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Employee-based Crowdsourcing

CrowdWorxTM is an Enterprise 2.0 Crowdsourcing tool for the enterprise. Employees visit the internal and secure CrowdWorx Crowdsourcing portal to answer your questions. Results are then provided as XLS files or via an API other systems. Areas of application include:

Why employee-based Crowdsourcing?

CrowdWorx’ employee-based Crowdsourcing approach has provided measurable impact at global companies as well as SMBs and has a proven track record.

CrowdWorx’ Crowdsourcing software improved supply chain forecasting accuracy by 22% leading to an increase in revenue by $40 million p.a.
CrowdWorx employee-based Crowdsourcing collected more than 18,000 employee opinions on new product ideas just in 4 days providing the broades possible validation for new product ideas
CrowdWorx offered 2mn EUR reduction in market research costs by replacing part of market research with Enterprise 2.0 Social Forecasting
Our Enterprise 2.0 Crowdsourcing tool forecasted currency exchange rates 4 months ahead with higher accuracy than the futures markets
Over 80% forecasting accuracy with CrowdWorx Enterprise 2.0 Crowdsourcing for service utilization rates by segment, number of new customers by product, and other business KPIs

More examples can be found in our client case studies.

Social Business and CrowdWorx

CrowdWorx is a Social Business software which can integrate with existing Enterprise 2.0 platforms or function as a standalone Social Business portal .Traditional Social Business platforms benefit from the quantitative nature of CrowdWorx’ outputs and complement text-heavy Social Business systems, e.g. Wikis and Blogs. Find out more about our Enterprise 2.0 Social Business solutions.

News

CrowdWorx interview with Nathan Bricklin, Wells Fargo Bank, U.S.

Tuesday, January 17th, 2012

Nathan Bricklin Nathan Bricklin is Senior Vice President and Head of Social Strategy, Wells Fargo Wholesale Bank. At Wells Fargo …→

CrowdWorx interview with Carol Gebert: Prediction Markets in the Pharmaceuticals Industry

Thursday, December 29th, 2011

Carol Gebert Carol Gebert has been studying prediction markets for nearly a decade. She was formerly CEO of Incentive Markets, …→

Henkel presents S & OP crowdsourcing project with CrowdWorx Social Forecasting

Thursday, December 1st, 2011

Johann Seif, Global Executive Vice President Supply Chain Management at Henkel, presented his CrowdWorx project at the Barcelona Demand & …→

Crowdpark raises $6M for Prediction Markets Social Games

Tuesday, November 1st, 2011

Congrats!!  Our Prediction Market spin-off company Crowdpark has raised $6M for social betting games in its Series B round. The …→