Collaboration software accelerates innovation

Collaboration software has became the most demanded of enterprise applications. In a recent IBM study, 98% of CEOs surveyed said that innovation through collaboration was their number one priority. The study also cited 90% of employees work away from headquarters while more than 60% work in different locations than their managers. And, over 60% of mid-size firms say that collaboration tools are imperative to their business success and growth. Intense global competition is driving companies to find ways for their increasingly distributed teams to collaborate and innovate continually – across hallways, time zones or continents.

Connect more people to more resources

To become more innovative and more competitive, companies are implementing software that supports more forms of collaboration. Instant messaging enables live, real-time communication and collaboration – and can integrate with existing applications and business processes. Community-based tools give team members instant, secure access to shared content, and expertise. And new Web 2.0 social computing capabilities make it easier for everyone in the organisation to find and use knowledge. By leveraging what you have today and integrating new processes with existing infrastructure, you can build unified solutions that help to eliminate information "silos."

Article: Web 2.0 Strives to be Collaboration Software of Choice for Enterprises
By Steve Lee and Lane F. Cooper
BizTechReports.Com

Web 2.0 collaboration tools are not just a pop culture gimmick. Within the coming decade, they may replace traditional platforms, and become the collaborative platform of choice. Forrester Research predicts that enterprise spending on Web 2.0 is set to grow strongly over the next five years, reaching $4.6 billion globally by 2013. Social networking, Mashups, and RSS applications are expected to capture the greatest share of corporate IT dollars. By making collaboration tools central to business processes, enterprises can realise four principal business benefits that will have a measurably positive impact on ROI.

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