Gartner: Enterprise Social Software Spend Nearing $1 Billion
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The worldwide market for enterprise social software will top $769 million in 2011, up 15.7 percent from the $664 million spent in 2010, according to Gartner.
The 2010 total is up 15 percent from 2009's worldwide spend of $578 million, the researcher stated in a Dec. 16 report. At the current compound annual growth rate, ESS sales should reach the $1 billion mark by the end of 2012, barring any recession.
Gartner's broad definition of ESS includes blogs, wikis, communities, forums, RSS feeds, bookmarks and other tools that help knowledge workers communicate, collaborate and break through the many information silos erected in large businesses.
These tools are often combined into applications for product reviews and testing, brand marketing and community development, says Gartner analyst Tom Eid.
One practical solution would include a sales worker opening up a private wiki to invite colleagues to discuss how to target new clients via chat sessions. This might also include documents and other content sharing. Salesforce.com's Chatter solution, for instance, would help with these goals.
Another example: A new hire at an enterprise is looking to consult with a legal expert specializing in, say, corporate law. The hire could hop onto the intranet and let coworkers know what type of help he or she is looking for.