We are helping a couple of students with their thesis’ about prediction market, and last week one of them mentioned they have used News Exchange in their contribution to a redesign competition of the website of Sydsvenskan (a Swedish newspaper). Watch their video presentation below. By the way, I think is a very cool way to presentation with a lot of great ideas in it.

Watch the video here: Sydsvenskan Redesign

We are happy to announce that we are part of this years very interesting IntraTeam Event which takes place 5 and 6 March 2008. The theme is “Create value with intranet and portals” and Nosco will share valuable insight on how Prediction Markets can do just that by engaging and motivating employees.

By using the wisdom of crowds and Prediction Markets you can:

• Create focus by giving the company one voice
• Engage everybody in real time forecasting
• Engage everybody in joint innovation projects
• Engage everybody in monitoring competitors
• Motivate the employees to participate

If you think this and the rest of the programme sound interesting it is possible to sign up here.

Nosco and Politiken have officially launched Politikens Nyhedsspil (Politikens News Game in English). Politikens Nyhedsspil is powered by Noscos News Exchange and fully customized to Politiken. Politikens Nyhedsspil has been in beta for a couple of weeks, and has already more than 3500 active participants.

Here is an excerpt from our report of the performance of Politikens Nyhedsspil in the Danish election.

Politikens Nyhedsspil predicted all the outcomes of the Danish Election correct. 22 stocks concerned the Danish election. All of them predicted correct. Also, most stocks gave clear predictions days before the votes were cast.

During the last week of the election 1500 traders traded 893.442 shares in the 22 different outcomes. It shows us that relative few but active traders can create very robust outcomes.

Download the full report here: Danish | English

About Politikens Nyhedsspil:
Poltikens Nyhedsspil (in English: Politikens Newsgame) is a prediction market in news. On Politikens Nyhedsspil you will find shares in news and events from the real world. News are attached to shares, and shares are attached to news. There are prizes and auctions. You can open an account for free, you can make clubs and compete with your friends and colleagues. And it’s all tied together in an exciting competition about predicting tomorrow’s news today.

http://nyhedsspillet.politiken.dk

About Politiken:
Politiken is one of Denmark’s largest newspapers on print as well as online. The paper version has more than 400.000 readers every day and www.politiken.dk generates more than 25.000.000 page views per month.

http//:www.politiken.dk

Innovation guru Gary Hammel has just published a new book entitled The Future of Management. He is a strong believer in including the whole organzsation in a company’s innovation. He thinks that prediction markets can be used in this context. We agree.

Watch Gary Hammel introduce ‘The Future of Management’ below. We already ordered a copy!

[youtube]http://youtube.com/watch?v=1OE0q3I-xMc[/youtube]

Last week New Media Days 07 took place in Copenhagen, Denmark. The organizers describe the event like this: “it is where Scandinavian professionals from both traditional and new media converge to create the media of tomorrow.” It brought together more than 700 participants from all parts of the media world.

Nosco was among the speakers. We shared our knowledge on how prediction markets is an excellent tool to engage online users while creating revenue.

There where many interesting speeches during the two days. I especially enjoyed the talk given by Peter Hirshberg from Technorati who in a fun an intelligent way manage to picture the enormous shift in the way people use the different medias. See webcast online.

Thanks to the organizers for an extremely well planned event.