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Wainhouse Research Indicates Social Networking In The Enterprise Is Inevitable

A complement report to "IBM's Strategy for Taking Social Networking to the Enterprise: An Inside Look at Lotus Connections," (released by WR in the second quarter of 2008), Wainhouse Research's newest study, "The Enterprise Social Networking Landscape, Volume 1: Market Dynamics, Sizing and Forecast" indicates that social networking in enterprises is inevitable.

Here are a few jaw-dropping statistics:

  • The ESN (enterprise social networking) market is expected to grow at a rate of 40% each year over the next five years
  • Expected revenue: $2 billion by the year 2013
  • The ESN market has already reached the $200 million mark

Read it for yourself.

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