SOURCE: The Radicati Group, Inc.

October 08, 2007 09:55 ET

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

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.

Contact Information

  • Contact:
    Lisa Nguyen
    The Radicati Group, Inc.
    (650) 322-8059
    Email Contact