Contact Information: Contact: Lisa Nguyen The Radicati Group, Inc. (650) 322-8059
Business Social Software Finding Growing Traction Amongst Many Organizations
A New Study From The Radicati Group, Inc. Explores an Emerging Market Providing More Innovative Means to Collaborate and Share Information
| Source: The Radicati Group, Inc.
PALO ALTO, CA--(Marketwire - October 8, 2007) - The Radicati Group, Inc.'s latest study,
"Business Social Software Market, 2007-2011," offers an analysis of the
market for Business-class Social Software. It divides the market into two
segments: Business Social Software Suites, and Business Social Software
Specialists. It provides market size, installed base and revenue market
share, four-year forecasts, and much more.
The report defines this market as being comprised of technologies that are
often referred to as "Web 2.0," such as wikis, blogs, and social
networking, amongst others. While these technologies initially became
popular in the consumer sector, vendors such as Microsoft and IBM offer
platforms such as Microsoft Office SharePoint Server and IBM Lotus
Connections to meet growing demand for these solutions in corporate
sectors.
According to the study, their benefits include the ability to provide an
interactive platform for collaboration. For example, wikis and blogs give
readers the ability to provide feedback and interact with authors, rather
than establishing disconnected silos of information.
The Radicati Group forecasts that the overall Business Social Software
market is expected to grow from $920 million in 2007, to $3.3 billion in
2011.
To order a copy of the study, or for additional information about our
market research programs, please contact Lisa Nguyen at (650) 322-8059, or
visit our web site at http://www.radicati.com.
About The Radicati Group, Inc.
The Radicati Group covers all aspects of email security, email archiving,
regulatory compliance, wireless technologies, web services, identity
management, instant messaging, unified communications, VoIP, and more. The
company provides both quantitative and qualitative information, including
detailed market size, installed base and forecast information on a
worldwide basis, as well as detailed country breakouts.
The Radicati Group works with corporate organizations to assist them in
selecting the right products and technologies to support their business
needs, as well as with vendors to define the best strategic direction for
their products. We also work with investment firms on a worldwide basis to
help them identify and assess new investment opportunities.
The Radicati Group, Inc. is headquartered in Palo Alto, CA, with offices in
London, Hong Kong and Melbourne.