Analyst predictions meet Enterprise 2.0

The new ‘Magic Quadrant for Team Collaboration & Social Software 2007′ was released earlier this week from Gartner. Socialtext is positioned in the Visionaries Quadrant. Additionally, Socialtext provides the best-of-breed wiki for the Intel-led SuiteTwo bundle, which was also placed in the Visionaries Quadrant. Click here to view the Magic Quadrant graphic.

The publication of this report indicates that the Web 2.0 technologies that comprise ‘Enterprise 2.0′ have gone mainstream and enterprise clients are actively moving to select and deploy team collaboration and social software tools, including wikis. This has been reaffirmed by other leading analysts that identified ‘social software’ as one of the top 10 strategic technologies for 2008 and one with the potential for significant impact on the enterprise in the next three years. Analyst predictions on the overall market size and growth rate are extremely bullish, in fact exceeding $3 billion by 2011 by some accounts. Read more

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