A city-based technology innovation company announced the launch of crowd-sourced election results predictor, claimed to be a first-of-its-kind methodology, to asses the outcome of the Assembly elections in Gujarat slated next month.
The key to this prediction, according to a press release from Idealantis Technologies Pvt Ltd, is to know what a person predicts would happen irrespective of whether the person wants that outcome or not. The methodology was distinct from conventional surveys and polls that were structured to know what the respondent wanted.
Idealantis launched the Gujarat Election Predictor in association with political research organisation People’s Pulse, with the two major political parties announcing their candidates. The predictions would be gathered at https://datalantis.cultivateforecasts.com and be made public on December 14 by Datalantis Pulse. “We are not dealing in speculation but an established set of voters offering their prediction in Gujarat,” Idealantis Technologies managing director Sai Panyam said.
He recalled that market predictions had been more accurate in the elections in the west as the markets generate informed consensus rather than average opinion. Data sourced from the crowd cover the number of seats that would be won by major political parties and their respective vote share. Participants would also be offered the additional facility of correcting their prediction during the election season.
The market size to make an election prediction could scale up to hundreds of thousands of participants and the use of technology would check corresponding cost escalation. The results would be gathered in real time and in a continuous fashion using the methodology, the release added.
