Socialtext Positioned as a Visionary in Magic Quadrant for Social Software in the Workplace

Socialtext Recognized for its Ability to Execute and Completeness of Vision

September 1, 2011, Palo Alto, California

Socialtext, the leading enterprise social software provider, today announced that it was positioned as a Visionary in Gartner’s “Magic Quadrant for Social Software in the Workspace, 2011”, published by Nikos Drakos, et al, on August 25, 2011.

According to Gartner, "Visionaries in the market demonstrate a strong understanding of current and future market trends and directions, such as the importance of a flexible and transparent collaboration environment, as well as the value of mutual reinforcement between tools that encourage user contribution and tools that encourage bottom-up group and structure formation. Their products and product road maps display a tendency for innovation, especially in terms of architecture and lightweight integration, while their marketing and R&D efforts are often boosted by their alignment with the open-source ecosystem. The Visionaries in this market have not exhibited the scope of delivery of the Challengers or Leaders, but have demonstrated vision across a range of capabilities."

“We believe our position as a visionary is the result of our strong belief that enterprises can indeed achieve high levels of user adoption when social tools are placed 'in the flow of work'," says Eugene Lee, Socialtext’s CEO. “As the market matures, adoption and integration will be key requirements for successful enterprise social software deployments, and Socialtext has proven through its customers' success that it is well positioned for the next phase of the market."

Socialtext’s core strengths, functionality and broad range of capabilities, includes Socialtexts' vision, being one of the first vendors to position its products as a "social layer", and its integration, offering preintegration with SharePoint, with salesforce.com as well as rich integrations with other business applications.

About Socialtext

Established in 2002, Socialtext was the first company to deliver social software to businesses. By unlocking knowledge, expertise, ideas and data, Socialtext eliminates information silos across the enterprise to drive superior business performance. Socialtext's enterprise social networking products — including microblogging, blogs, wikis, profiles and social spreadsheets — provide simpler ways for employees to share vital information and work together in real-time. Delivered in a variety of hosted cloud services, as well as on-site appliances, enterprise customers are provided with flexible deployment options that meet their security requirements. Built on a flexible, web-oriented architecture, Socialtext integrates with virtually any traditional system of record, such as CRM and ERP, enabling companies to discuss, collaborate, and take action on key business processes. More than 6,500 businesses worldwide have accelerated their business performance with Socialtext, including Egon Zehnder, Getty Images, Symantec, Meredith Corporation, NYU Stern, OSIsoft, and Epitaph Records. To learn more, visit www.socialtext.com.

About the Magic Quadrant

The Magic Quadrant is copyrighted 2011 by Gartner, Inc. and is reused with permission. The Magic Quadrant is a graphical representation of a marketplace at and for a specific time period. It depicts Gartner's analysis of how certain vendors measure against criteria for that marketplace, as defined by Gartner. Gartner does not endorse any vendor, product or service depicted in the Magic Quadrant, and does not advise technology users to select only those vendors placed in the "Leaders" quadrant. The Magic Quadrant is intended solely as a research tool, and is not meant to be a specific guide to action. Gartner disclaims all warranties, express or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

Designated trademarks and brands mentioned in this press release are the property of their respective owners.

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© 2012 Socialtext, Inc. All rights reserved.

As the Enterprise 2.0 leader, Socialtext applies Web 2.0 technologies such as enterprise microblogging, enterprise social networking and wikis to the critical challenges facing businesses. Socialtext's enterprise collaboration platform allows employees to share expertise, speed workflows and get their jobs done faster. Read our latest news highlights, press releases, coverage & awards, and recent and upcoming events.