13 February 2009
Multi-touch comes to photo services
Internet specialist ECCE TERRAM exhibits ground breaking innovative software solutions at PMA in Las Vegas – Booth # Q176-4
San Francisco, CA and Oldenburg, Germany. February 13, 2009. - ECCE TERRAM – the innovator and provider of solutions for the digital photo market – will be showcasing its expanded software solution for photo laboratories in the area of ordering programs at the PMA 2009; Along with the 2.0 version of the “iPhone Photo Order Client,” the first Offline Client solution for PC with multi-touch capability is being presented among other things. The company thus again raises the claim of presenting technically sophisticated and innovative solutions.
In many laboratories, online photo orders in which digital images are printed on traditional photographic paper exceeded the volume of analogue photos in 2008. Digital image processing continues to be a vigorously growing industry. Numbers from the 2008 Holiday Season retail trade in many places show that the economic crisis ihas n no way dampened the pleasure provided by digital images. Consumers’ desire for unique moments or very personal photo gifts remains strong. Very few software developers have the experience and knowledge to create a complete solution – from consumer to production, for wholesale laboratories and photo services in the online and in-store market. ECCE TERRAM’s experience uniquely serves these end to end requirements.
The Internet specialist ECCE TERRAM is presenting the new versions of its components at the PMA, the the US photo imaging association's international exhibition in Las Vegas on March 3-5, 2009.
Consistently further developing what is tried and tested: iPhone2home 2.0
In February 2008 at PMA 2008, ECCE TERRAM present the first software solution to allow photo products to be ordered from the iPhone. Version 2.0, available in March, 2009, will expand user guidance in several ways. In particular, the order transmission efficiency was optimized through the introduction of the “TRONProxy.” With a protocol optimized to mobile radio, the orders for postcards or mini-photo books (10x15 cm) are conveyed to the “Photo2lab middleware.” Likewise, the iPhone 3G is now supported with its firmware version 2.2. The iPhone2home 2.0 Client is supported by all official iPhone versions and is provided by ECCE TERRAM to photo labs to broaden their range of order method options.
“Get in touch with your customers”
With Version 4.6, ECCE TERRAM will present the latest version of its offline client., which includes support for new photo book products, for collages, photo gifts and other merchandise. Among other features, support for “multi-touch PCs” is also being introduced.
Multi touch has recently gained importance, as Microsoft Windows 7 introduces support for multi-touch; and many new PC systems, laptops and netbooks with multi-touch screens have been launched at the consumer electronics show in Las Vegas. Photo2lab solution's lead in innovation thus once again proves to be confirmed, because since autumn 2008 there has been work on multi-touch support, e.g., for the creation of photo books. The first version is now also being presented at the PMA conference and show on March 3-5, 2009.
More intuitive interface = greater success
The advantage of multi-touch lies in a simpler and more intuitive interface for the end user, leading to a higher rate of succesfully completed orders for photo labs. With iPhone and the Offline Clients, ECCE TERRAM offers the first applications under the logo of “Get in touch with your customer” which will be supplemented in 2009 by a kiosk system with multi-touch capability.
For questions regarding the products presented at the PMA, please visit us at Booth #Q176-4 or contact at 1-408 807-0917.
About Photolab
The Photo2Lab Software Suite offers a complete solution, from ordering to processing in wholesale laboratories. Software applications for Windows, Mac and Linux, Web applications, applications for CD processing or the iPhone are part of what is included. The modern protocol for the connection – TRON – is freely available and is supported by various third-party manufacturers. Among other things, they provide solutions for set-top boxes or kiosk terminals. Along with straight processing of orders, aspects such as payments, promotions and possibilities of adaptation for affiliates and partners are also taken into consideration within the framework of a white brand solution. Products ranging from the image print to genuine photo books can be handled and it thus offers a unique flexibility and openness with the aim of reducing costs and reaching new target groups for the customers of the solution.
In 2008, orders with over 180 million digital photos, 120,000 photo books and 200,000 photo calendars were processed via Photo2lab installations.
About ECCE TERRAM
ECCE TERRAM was founded in 1996 by Frank Simon. It is specialized in solutions in the area of e-commerce for the photo industry, laboratory control, e-payment and content management. ECCE TERRAM is exhibiting at the PMA 2009 in booth Q176-4 in Las Vegas, Nevada, from the 3rd through the 5th of March 2009.
Contact:
ECCE TERRAM GmbH | ECCE TERRAM Inc |
Press Contact:
IITM is a specialist agency and will be delighted to arrange interviews. IITM will be pleased to provide an image, NFR versions for review and background information.
International IT Marketing Limited
Catalina Martínez
Email: pr (at) IITM.info
Tel. +1 202-470-3242
International IT Marketing is the multi lingual international communications agency for (examples):
FotoInsight UK –Digital photo printing, canvas and poster printing, photobooks, photo gifts
Italia -Stampa foto digitali online,album fotografici, foto regali, calendario, libri fotografici
FotoInsight France - Tirage de cadeaux photo, calendrier, poster, livre photos
The National Geographic Guide to Digital Photography by greenstreet software
printing-1 design photo books, photo album print, Mac photobook software
printing-1 Fotobücher designen, Fotoalbum druck, Mac Fotobuch software
Professor Teaches Vista™ Ultimate with greenstreet software
Labels: Applications, components, ECCE TERRAM, iPhone, Middleware, Photo service, photo2lab, PMA, SOAP, software, Transfer Ordering Network Protocol, WSDL
21 May 2008
Political Stock Market launched for the elections in New Zealand
The "Wisdom of Crowds" is considered to outperform expert knowledge in areas like topicality as well as width, depth and references of knowledge. A principle of prediction markets, as of any electronic exchange, is that those who buy cheap and sell at a higher price benefit.
Practical evidence suggests that prediction markets are at least as accurate in forecasting events as other instruments used by polling institutes on similar demographic groups. This concept, part of a field of study called collective intelligence, is the ideal tool for market and event forecasts. The closer a participant's forecast matches the real event, the more the value of the virtual account rises. This stimulates forward strategies and therefore using quality information and experience in these virtual investments is paramount. The Political Stock Markets also rewards closely matching expectations when dealing with rate fluctuation and diligence.
Electronic Stock Markets (ESM)
The prediction market is based on the "Electronic Stock Market Technology" (ESM) developed by ECCE TERRAM. It is based on theses by Friedrich von Hayek, who in 1974 was awarded the Nobel Prize in Economics. From Professor von Hayek's findings it derives that more accurate prediction of future events can be made if people trade shares about them with the opportunity to obtain a profit. Frank Simon, Managing Director of ECCE TERRAM: "ESMs in the form of prediction markets provide surprisingly accurate results for opinion research and serve as a prognostics instrument to generate forecasts". The user's interest in trading shares and the chance for personal gain as well as the opportunity to create accurate forecasts bind the user into the online service and increase traffic to the website. The technology starts from a base different to traditional opinion research. Interviews, polls and e-votes use questions like "how would you vote?" The Electronic Stock Markets ask "what do you expect the outcome to be?" Traders therefore buy and sell based on their expectation of the outcome. These reflect in the prices at which shares trade. The system can then, based on the share price, calculate forecasts.
ECCE TERRAM has used prediction markets already in the run up to the German federal elections of 1998 with great success, achieving the second best forecast after Allensbach, one of Germany's leading public opinion poll institutes. In recent years ECCE TERRAM has organised more than two dozen prediction markets on a great variety of events. ECCE TERRAM Ltd, located in Paraparaumu, has started since May 2008 to offer Electronic Stock Markets to the New Zealand and Australian Market based on the 12-year-experience with this tool.- - - - - - - - - - - - - - - - - -
ECCE TERRAM Ltd
Frank Simon
PO Box 337
Paraparaumu 5234
New Zealand
phone: 0064 27 500 12 10
IITM is a specialist agency and will be delighted to arrange interviews. IITM will be pleased to provide an image, NFR versions for review and background information.
Labels: collaborative prognostic instruments, collective intelligence, communities, ECCE TERRAM, Forecasting, polls, prediction markets, software, strategy bourse, surveys, Web 2, Wisdom of Crowds
28 January 2008
ECCE TERRAM presents Photo2lab Client for iPhone
Online photo processing, where real photographic paper is used for prints, is nowadays as popular as traditional photo labs used be in the 1990's. The routes to the lab are becoming increasingly varied and flexible. Apart from the existing routes via the Internet using Windows PC, Mac or Linux software, a Point of Sale Terminal or online, ECCE TERRAM is now introducing its first "Photo2lab Client for iPhone" at the PMA 2008 in Las Vegas.
Oldenburg, Germany and Las Vegas, NV. January, 29th, 2008. -- ECCE TERRAM has already announced new versions of its offline software clients and its middleware for the PMA 2008 in Las Vegas, and communicated its expansion to New Zealand and Australia. Today the internet solutions specialist is presenting a new global highlight.
During summer 2007 Apple's launch of a completely new smartphone, called the iphone received much public attention. With 4 million units sold during the first 200 days it is the most successful mobile phone launch. Steve Jobs, the legendary Apple boss announced a software developer's kit last October for third party applications. 
Fast Mover
This gave ECCE TERRAM the starting shot for the development of a photo print order client for the iPhone. ECCE TERRAM CEO Frank Simon states: "We think that thanks to the intuitive user interface and the iPhone's Multi Touch Display this is the first attractive and user-friendly mobile phone photo print application that will be loved by its users."
A Trend Setting Product
Right from the onset it was clear that the iPhone users define which application can be sensibly marketed. Spontaneous snaps from the holidays, a party, on concerts or a snapshot of something interesting on the road. The moment describes the motive and shows why the software developer has such faith in its new iPhone application. "The iPhone is the ideal tool to help establish photographic products as part of modern, digital life." says Frank Simon, CEO.
Special Services for Production and Delivery
The iPhone's photo printing range will kick off with a mini-photobook (10x15cm, 16 pages) and a post card service. The user selects photos, creates a postcard with text and images in the editing tool, moves the images with one finger, rotates and zooms pictures with two fingers and does a double click to browse. The application can pick the postcard's recipients postal address straight from the contact list.
ECCE TERRAM's "Photo2lab" services production partners print the post cards and post them directly to the recipient - or the photo book to the buyer or to a delivery address for a present.
ECCE TERRAM expects to present the final version shortly after Apple publishes its SDK (Software Development Kit). Further information regarding ECCE TERRAM at the PMA can be found at www.iphone2home.net .
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Publishing permission granted. Copy or link appreciated.
Press Release Text: http://fotoinsight.blogspot.com
- - - - - - - - - - - - - - - - - -
About ECCE TERRAM
ECCE TERRAM was founded in Oldenburg by Frank Simon in 1996. Its web applications are used in the photo processing industry and beyond by blue chips like chip maker Infineon or German publishers like “Die Zeit” or “Gelbe Seiten” (German Yellow Pages). Since 2001 ECCE TERRAM is owned by the ECCE TERRAM Holding GmbH and the Pilet International S.A..
Contact
ECCE TERRAM Internet Services GmbH
An der grossen Wisch 36
D-26133 Oldenburg, Germany
Tel: +49 441 500 120
Fax: +49 441 500 1229
http://www.ecce-terram.com/
Email: pr (at) ecce-terram.de
Ex Astris Scientia
Press Contact:
IITM is a specialist agency and will be delighted to arrange interviews. IITM will be pleased to provide an image, NFR versions, sample photo book for review as well as background information.
International IT Marketing Limited
Catalina Martínez, Head of Communication.
Email: pr (at) IITM.info
Tel. +1 202 4703242
Photo Industry Blog
International IT Marketing is the multi lingual international communications agency for (examples):
FotoInsight UK –Digital photo printing, canvas and poster printing, photo book, photo gifts
Italia -Stampa foto digitali online,album fotografici,foto regali, calendario, libri fotografici
FotoInsight France - Tirage de cadeaux photo, calendrier, poster, livre photos
Europe & Ireland - digital photo processing, photobooks, photographic gifts
The National Geographic Guide to Digital Photography by greenstreet software
printing-1 design photo books, photo album print, Mac photobook software
printing-1 Fotobücher designen, Fotoalbum druck, Mac Fotobuch software
Professor Teaches Vista™ Ultimate with greenstreet software
VSO Image Resizer - the handy free compression tool
Labels: Apple, ECCE TERRAM, iPhone, Mobile Phone Camera, ordering client, photo lab software, photo processing solutions, photo2lab
23 January 2008
ECCE TERRAM to Showcase Innovative Solutions for Digital Photo Processing Services at PMA in Las Vegas
Specialist developer ECCE TERRAM is showing at this year’s PMA how setting up a digital photo processing service in store or online is becoming easier with open software modules. ECCE TERRAM is also celebrating a new mile stone with 132 million photo prints being ordered through its middleware software components. These solutions help to improve photo services' independence and negotiation power and provide access to a range of components to cover varying requirements.
Oldenburg Germany and Las Vegas, NV. January 22nd, 2008 – Online photo services converting digital images into traditional photographic paper prints are reaching the volumes of traditional photo labs in the 1990’s. Digital photo processing is a growth industry, but only a few developers have the experience and depth to create complete 'end user to photo lab' software solutions. The specialist Internet software developer ECCE TERRAM will be presenting the latest 'off the shelf', modular software solutions for online photo services, web portals, photo labs and purchasing associations at the international PMA exhibition in Las Vegas in January 2008, including client software and middleware releases currently in preparation.
Photo Lab Software Solutions
Together the Photo Lab Software processing components build flexible, state-of-the-art solutions. These range from order processing using online stores, point-of-sale terminals and offline software clients for Windows, Macintosh and Linux using an open protocol connecting to any photo lab or printer. The PTS middleware processes the orders using a central user database, which allows splitting orders to cover production requirements (e.g. mixed orders for standard prints, posters and gift items). Lab plug-ins built the third layer in ECCE TERRAM’s ‘Photo2Lab’ solution. The lab plug-ins currently support for example DPL, Allcop, ORWO, CeWeColor, DWM and Frontline. Increasingly specialists from the growing sector of photo book, calendar and gift item printing, like Ifuse, Snapmania are being supported by ECCE TERRAM.
ECCE adds ICC Profiles to its Middleware
At PMA ECCE Terram is adding ICC Profiles to its Middleware as an option for photo labs catering for professional photographers. These solutions allow to indicate image optimization for individual image files and make re-ordering prints easier. In addition, the ECCE Photo Suite offline client will integrate the HDX4 Photo Manager. It serves to optimise the pictures per mouse click before uploading them to the Internet, in order to bring out the best of the photographs. This is important because large photo labs find it increasingly costly to correct or optimise images in photo albums and calendars. The Managing Director of the developer ECCE TERRAM, Frank Simon states: "Among our customers are ORWO, Farbglanz Imaging, Pixelnet, Focus, TV Spielfilm, Kodak and many more. We are proud that in the past year 132 million image prints have been processed through the installed base of ECCE middleware solutions."
ECCE Photo Suite adds Photo Book and Calendar Editor Modules at PMA
ECCE TERRAM created the new generation of offline photo ordering clients (Windows, MacOS and Linux) with a modular structure. New modules for photo book and calendar design are being released during the PMA Trade Fair. A new postcard module which handles franking and mailing directly to the cards recipient will also be revealed during the PMA. The applications are brandable through graphics, logos and colors and are used by labs and services of different sizes, from large central labs like ORWO and DPL, book and gift printers to mini labs. Catering for European and international businesses ECCE TERRAM’s applications are easy to localize and are available in several European languages.
Multi Lingual Solutions with Source Code License
With Photo2Lab's ready made solutions, any store or website can become an independent online photo service. ECCE TERRAM founder Frank Simon points out: “ECCE TERRAM endeavors with Photo2Lab software to allow photo services to allocate production orders, moving the control over the process from the large central labs back to the photo service. When you start your photo service make sure that you own your customer data and route to lab. ECCE Terram licensing model is unique in offering a source code license option.”
ECCE TERRAM practices these values with its solutions shown at PMA Booth No.: K 191-1 from January 31st to February 2nd, 208.
- - - - - - - - - - - - - - - - - -
Publishing permission granted; 706 words. Copy or link appreciated.
Website: http://www.ecce-terram.com/
Press Release Text: http://fotoinsight.blogspot.com
- - - - - - - - - - - - - - - - - -
About ECCE TERRAM
ECCE TERRAM was founded in Oldenburg by Frank Simon in 1996. Its web applications are used in the photo processing industry and beyond by blue chips like chip maker Infineon or German publishers like “Die Zeit” or “Gelbe Seiten” (German Yellow Pages). Since 2001 ECCE TERRAM is owned by the ECCE TERRAM Holding GmbH and the Pilet International S.A..
Contact
ECCE TERRAM Internet Services GmbH
An der grossen Wisch 36
D-26133 Oldenburg, Germany
Tel: +49 441 500 120
Fax: +49 441 500 1229
http://www.ecce-terram.com/
Email: pr (at) ecce-terram.de
Ex Astris Scientia
Press Contact:
IITM is a specialist agency and will be delighted to arrange interviews. IITM will be pleased to provide an image, NFR versions for review and background information.
International IT Marketing Limited
Catalina Martínez, Head of Communication.
Email: pr (at) IITM.info
Tel. +1 202 4703242
Photo Industry Blog
International IT Marketing is the multi lingual international communications agency for (examples):
FotoInsight UK –Digital photo printing, canvas and poster printing, photo book, photo gifts
Italia -Stampa foto digitali online,album fotografici,foto regali, calendario, libri fotografici
FotoInsight France - Tirage de cadeaux photo, calendrier, poster, livre photos
Europe & Ireland - digital photo processing, photobooks, photographic gifts
The National Geographic Guide to Digital Photography by greenstreet software
printing-1 design photo books, photo album print, Mac photobook software
printing-1 Fotobücher designen, Fotoalbum druck, Mac Fotobuch software
Professor Teaches Vista™ Ultimate with greenstreet software
VSO Image Resizer - the handy free compression tool
Labels: ECCE TERRAM, Middleware, photo lab software, photo processing solutions, photo2lab, TRON, Web 2
15 January 2008
ECCE TERRAM to Showcase Innovative Solutions for Digital Photo Processing Services at PMA in Las Vegas
Online photo services converting digital images into traditional photographic paper prints are reaching the volumes of traditional photo labs in the 1990’s. Digital photo processing is a growth industry, but only a few developers have the experience and depth to create complete 'end user to photo lab' software solutions. The specialist Internet software developer ECCE TERRAM will be presenting the latest 'off the shelf', modular software solutions for online photo services, web portals, photo labs and purchasing associations at the international PMA exhibition in Las Vegas in January 2008, including client software and middleware releases currently in preparation.
Photo2Lab
ECCE TERRAM is announcing the launch of its Photo2Lab solutions in New Zealand (April 2008) and Australia (May 2008) with lab partners and dedicated local server in. The ECCE TERRAM Photo2Lab solution is unique in allowing photo services to receive and allocate print orders to their own photo printers, to third party central labs, to photo gift specialists or to channel orders on a case by case basis. Photo processing web solutions from large central labs have been developed for them to create an unbreakable tie between shops or portals and the supplying photo lab. Large central labs are building a dominant position, weakening smaller photo service’s negotiation power. ECCE TERRAM’s Photo2Lab is ready to plug into different photo labs, guaranteeing photo stores and web portals independence from dominant labs. With solutions developed using Web 2.0 technologies like SOAP, WSDL, Ajax etc. ECCE TERRAM offers a diverse range of components for photo portals, including support for ICC Profiles for professional color management demands.
Photo Lab Software Solutions
Together the Photo Lab software processing components build flexible, state-of-the-art solutions. These range from order processing using online stores, point-of-sale terminals and offline software clients for Windows, Macintosh and Linux using an open protocol connecting to any photo lab or printer. The DPS middleware processes the orders using a central user database, which allows splitting orders to cover production requirements (e.g. mixed orders for standard prints, posters and gift items). Lab plug-ins built the third layer in ECCE TERRAM’s ‘Photo2Lab’ solution. The lab plug-ins currently support for example DPL, Allcop, ORWO, CEWE Color, DWM and Frontline. Increasingly specialists from the growing sector of photo book, calendar and gift item printing, like Ifuse, Snapmania are being supported by ECCE TERRAM.
ECCE adds ICC Profiles to its Middleware
At PMA ECCE Terram is adding ICC Profiles to its Middleware as an option for photo labs catering for professional photographers. These solutions allow to indicate image optimization for individual image files and make re-ordering prints easier. In addition, the ECCE Photo Suite offline client will integrate the HDX4 Photo Manager. It serves to optimise the pictures per mouse click before uploading them to the Internet, in order to bring out the best of the photographs. This is important because large photo labs find it increasingly costly to correct or optimise images in photo albums and calendars. The Managing Director of the developer ECCE TERRAM, Frank Simon states: "Among our customers are ORWO, Farbglanz Imaging, Pixelnet, Focus, TV Spielfilm, Kodak and many more. We are proud that in the past year 132 million image prints have been processed through the installed base of ECCE middleware solutions."
ECCE Photo Suite adds Photo Book and Calendar Editor Modules at PMA
ECCE TERRAM created the new generation of offline photo ordering clients (Windows, MacOS and Linux) with a modular structure. New modules for photo book and calendar design are being released during the PMA Trade Fair. A new postcard module which handles franking and mailing directly to the cards recipient will also be revealed during the PMA. The applications are brandable through graphics, logos and colors and are used by labs and services of different sizes, from large central labs like ORWO and DPL, book and gift printers to mini labs. Catering for European and international business ECCE TERRAM’s applications are easy to localize and are available in several European languages.
ECCE TERRAM practices these values with its solutions shown at PMA Booth No.: K 191-1 from January 31st to February 2nd, 208.
About ECCE TERRAM
ECCE TERRAM was founded in Oldenburg by Frank Simon in 1996. Its web applications are used in the photo processing industry and beyond by blue chips like chip maker Infineon or German publishers like “Die Zeit” or “Gelbe Seiten” (German Yellow Pages). Since 2001 ECCE TERRAM is owned by the ECCE TERRAM Holding GmbH and the Pilet International S.A..
Contact
ECCE TERRAM Internet Services GmbH
An der grossen Wisch 36
D-26133 Oldenburg, Germany
Tel: +49 441 500 120
Fax: +49 441 500 1229
http://www.ecce-terram.com/
Email: pr (at) ecce-terram.de
Ex Astris Scientia
Press Contact:
IITM is a specialist agency and will be delighted to arrange interviews. IITM will be pleased to provide an image, NFR versions for review and background information.
IITM LLP
Washington, USA
Email: pr (at) IITM.info
Tel. +1 202 4703242
Labels: ECCE TERRAM, hosting, internet, ordering software, photo gifts, photo2lab, photographic lab
20 April 2007
ECCE TERRAM and Financial Times Deutschland Launch Prediction Markets Online
Oldenburg. 19 April 2007 – The FTD-Strategy bourse is a virtual stock market, where participants express their expectations about future events through the selling and buying of virtual shares. Several prediction markets relating to different issues about economic and political developments are being offered in parallel. The new service starts with topics like the DAX30, Hillary Clinton as presidential candidate for the Democratic Party in the USA, the local elections in the city of Bremen in Germany in 2007, the market share of mobile phone manufacturers, the presidential elections in France as well as the increase in GDP and the market share of luxury cars in Germany.
The "Wisdom of Crowds" is considered to outperform expert knowledge in dimensions like topicality as well as width, depth and references of knowledge. A principle of prediction markets, as of any electronic exchange, is that those who buy cheap and sell at a higher price benefit.
Empirical evidence suggests that prediction markets are at least as accurate in forecasting events as other instruments used by polling institutes on similar demographic groups. This concept, part of a field of study called collective intelligence, is the ideal tool for market and event forecasts. "The partnership with "Financial Times Deutschland" will give this forecasting method new dynamics. Our company is honoured to partner with such a highly regarded broadsheet”, states Frank Simon, Managing Director of ECCE TERRAM.
The closer a participants forecast matches the real event, the more rises the value of the virtual account. This stimulates forward strategies and therefore using quality information and experience in these virtual investments is paramount. The FTD-strategy bourse also rewards closely matching expectations when dealing with rate fluctuation and diligence.
"Due to the positive experience gained with the prediction market for the German General Elections in 2005 and the prediction market for the (soccer) FIFA World Cup 2006 we decided to provide our users continuously with the opportunity to participate with their knowledge and experience in forecasting events of interest", says Dr Anton Notz, Head of Electronic Media at the “Financial Times Deutschland”.
Electronic Stock Markets (ESM)
The prediction market is based on the “Electronic Stock Market Technology” (ESM) developed by ECCE TERRAM Internet Services GmbH. It is based on theses by Friedrich von Hayek, who in 1974 was awarded the Nobel Prize in Economics. From Professor von Hayek’s findings it derives, that more accurate prediction of future events can be made, if people trade shares about them with the opportunity to derive a profit. Frank Simon, Managing Director of ECCE TERRAM: “ESMs in the form of prediction markets provide surprisingly accurate results for opinion research and serve as a prognostics instrument to generate forecasts”. The user’s interest in trading shares and the chance for personal gain as well as the opportunity to create accurate forecasts bind the user into the online service and increase traffic to the website. The technology starts from a base different to traditional opinion research. Interviews, polls and e-votes use questions like “how would you vote?” The Electronic Stock Markets ask “what do you expect the outcome to be?” Traders therefore buy and sell based on their expectation of the outcome. These reflect in the prices, at which shares trade. The system can then, based on the share price, calculate forecasts.
ECCE TERRAM has used prediction markets already in the run up to the German federal elections of 1998 with great success, achieving the second best forecast after Allensbach, one of Germany’s leading public opinion poll institutes. In recent years ECCE TERRAM has organised more than two dozen prediction markets on a great variety of events.
About ECCE TERRAM
ECCE TERRAM was founded in Oldenburg by Frank Simon in 1996. Its web applications are used in the photo processing industry and beyond by blue chips like chip maker Infineon or German publishers like “Die Zeit” or “Gelbe Seiten” (German Yellow Pages). Since 2001 ECCE TERRAM has been owned by the ECCE TERRAM Holding GmbH, the In-Venture.Net GmbH, the Pilet International S.A. and the afs Holding GmbH.
ContactECCE TERRAM Internet Services GmbH
An der grossen Wisch 36
D-26133 Oldenburg, Germany
Tel: +49 441 500 120
Fax: +49 441 500 1229
http://www.ecce-terram.com/
Email: pr (at) ecce-terram.de
Ex Astris Scientia
Press Contact:
IITM is a specialist agency and will be delighted to arrange interviews for example with founder Frank Simon. IITM will be please to provide images, NFR versions for review and background information.
IITM LLP
London, UK
Email: pr (at) IITM.info
Tel. +44 20 7617 7469
Labels: ECCE TERRAM, Financial Times Deutschland, polls, prediction market, strategy bourse, Wisdom of Crowds
