Sunday, June 22, 2008

Enterprise 2.0 Makes Me Excited....

Good news. I am seeing a growing number of Web 2.0 and social software companies successfully selling into enterprise customers. After years of incremental investment in corporate IT, I believe we are moving into a new cap ex phase in the enterprise. Web 2.0 is driving much of this new dynamism. As much as we have all grown tired of the consumer led social networking phenomenon, the enterprise is finally embraching these emergying tools.

I am truly surprised at the level of interest in social software among enterprise customers. Even better, IT departments, typically the gatekeepers of new technologies, are pushing these new collaboration tools with the same degree of excitement as the employees demanding them. Another positive trend, the support for these new technologies is often coming from the executive suite. Among the CEOs I regularly work with, enhancing employee collaboration via Web 2.0 technologies is a priority.

This is an area where Clearstone is quite interested. We believe their are many new opportunities for start-ups in the social software sector. After a long drought in enterprise spending, it is nice to see a growing trend that we can participate in.

1 comment:

irsh said...

Hi William

How are you? well, I was just browsing blogs at blogger and got yours.
am Irsh, a 19-something guy from New Delhi, India running SkoolsOnline Technologies, an educational software services company for over 3 years now.

I recently started one venture, Nosh'nBasket a Women-only Hangout portal. Got loads of new, innovative stuffs into it.
Can you have a look and tell me if it can really work-out.

Also lem'me know if I can be of any help to you with my company's services and other ventures..