Jed Christiansen, author of Mercury’s Blog, a blog on prediction markets and innovation recently published a story about CrowdClarity.
In it, Jed covers not only the data we’ve produced, but explains why that data is valuable to large companies who may have difficulty otherwise predicting sales accurately.
Within the first week of November 2008, the prediction market would have warned Chevrolet that they were going to miss their revenue targets by $800 million in the Chevrolet division alone. And depending upon the exact product mix, this could have easily exceeded $1billion.
… Assume that even with three weeks’ early warning Chevrolet was only able to save 10% of that gap, it’s still $80million in savings. Even if a corporate prediction market for a giant company like GM cost $200,000 a year, that would still be a return on investment of 40,000 %. And again, that’s in the Chevrolet division alone.
It really brought things full circle, all of us here at CrowdClarity read Jed’s blog often, even when we were just starting to develop our solution and bring it to market. His blog continues to be a very rich source of well thought out analysis on all things prediction markets – Thanks Jed!
News Coverage
Jonathon Carender, CrowdClarity’s VP of Sales, was interviewed and featured on the Detroit Free Press’s front page on Sunday September 13’s paper.
You can find the digital version of this story here at Freep.com
Also mentioned in the article is the Tech Arb, where CrowdClarity current holds their offices.
“He’s one of nearly 40 students working on start-up companies at the university’s TechArb, a basement on campus that provides free office space for young entrepreneurs.”
News Coverage
TechArb, which is the space in which CrowdClarity currently holds our offices and most of our employees, has reached the top of the news on the University of Michigan’s front page. For a direct link to the story and video, click here.
The Ann Arbor Chronicle also picked up a story on the new incubator space, which you can read here.
Lastly, TechArb now has its own page up, showcasing the start-ups and their team members that frequent the space.
News Coverage
ann arbor chronicle, incubator, start up, techarb, university of michigan
CrowdClarity had a good showing at The National Summit in Detroit this week. Dr. Mary Sue Coleman, President of the University of Michigan, mentioned CrowdClarity on two occasions during her presentation to attendees at the Summit as an example of a fast growing start-up founded by University of Michigan students. Below, Dr. Coleman visits CrowdClarity’s exhibit booth after her speech.
(Jon Carender – CrowdClarity, Dr. Mary Sue Coleman – President of the University of Michigan, Matt Gibson – Fontis Biotechnologies, Jeff Meng – ModuLine Technologies)
Event, News Coverage
Dr. Mary Sue Coleman, Fontis Biotechnologies, ModuLine Technologies, MORE Program, National Summit
Jon Carender, VP of Sales at CrowdClarity, will be presenting at The National Summit, held in the Marriott Renaissance Center, Detroit, MI from June 15-17, 2009.
“The Mission of The National Summit is to convene a cross-sector gathering of business, government, labor and academic leaders to develop and promote actions to improve America’s competitiveness in a global economy.”
Registration for the event is still open and 1-Day and 3-Day passes are available for both DEC and non-DEC members. Click here for more details.
Speakers include William Clay Ford – Jr. Executive Chairman of Ford Motor Co., Andrew N. Liveris – Chairman & CEO of Dow Chemical Co., Richard H. Anderson – CEO of Delta Air Lines, Steven A. Ballmer – CEO of Microsoft, and many more.
Event, News Coverage
Detroit Chamber of Commerce, The National Summit
Our most recent team member and programmer, Andy Kish, was recently featured on Concentrate Media. Andy is a student at the University of Michigan’s College of Engineering and is concentrating in both Electrical Engineering and Computer Science.
Concentrate Media’s goal is to tell “a narrative of creative people and businesses, new development, cool places to live, and the best places to work and play.”
One of their features, Jobs Landed, presents dynamic hiring information that showcases both the companies that have recently hired new employees, and that same talent that they have found.
Andy’s Jobs Landed page can be found here, representing CrowdClarity.
News Coverage
Concentrate Media, Hired, Jobs Landed, Programmer
Nathan Bomey, writing for the Ann Arbor Business Review recently interviewed the team members of CrowdClarity and published an article covering our history, growth, and goals.
Ann Arbor startup CrowdClarity leverages employee predictions into data
News Coverage
Ann Arbor Business Review
Four members of our team applied for, and won, the $10,000.00 Dare to Dream Integration Grant. Jonathan Carender, Dylan Imre, Andrew Kish, and Eric Rose were recognized at the event and were one of only two groups to receive the award.
The Dare to Dream grant program is coordinated and hosted by the Samuel Zell & Robert H. Lurie Institute for Entrepreneurial Studies at the University of Michigan Ross School of Business. Support for the grant program was provided by Eugene Applebaum – President of Arbor Investments Group.
For additional information about the program, please visit: Dare to Dream Overview
News Coverage
Award, D2D, Dare to Dream, Integration Grant, Ross Business School, Zell Lurie
