The Rise in Crowd Powered Business

Source: http://DesignContest.com

There had been a rise in companies and organizations that utilize
crowdsourcing.

Here are just some of the key take-aways:

– Increasing number of organizations and even governments have
recognized the power of crowds and are utilizing crowdsourcing for
everything from design, marketing, administration, innovation to
marketing researh and raising money.
– Examples of organizations that used crowdsourcing are the
following:
– DesignContest with over 1,000 contests currently live
– Odesk crowd sourced labor with 2,461 035 hours worked, Over $25
million earned, over 135,000 jobs posted
– Trada crowd sourced online advertising with over 2000 PPC experts,
9030 adverts created
– ChallengePost crowd sourced problem solving as used by Samsung,
Mozilla, and White House
– Iceland crowdsourced its latest constitution

13 years ago

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