Cost of Enterprise 2.0

William Buist, president of BlackStar life community for Ecademy, made this important point as mentioned by this article from WhatPC.

“With the current economic climate, cost will return to the corporate equation. Therefore, finding the right partner at the right cost makes collaboration even more important,” he says. “Big businesses need to understand exactly how to collaborate effectively, both internally and externally.”

Communication is a key ingredient when it comes to collaboration, and as noted by many experts, enterprise networking sites are starting to change the dynamic of the traditional business communication style. As researchers at Forrester Research have already noted, blogs, wikis, rss, and other web 2.0 tools, have become the biggest buzz words in business and it doesn’t look to be just a current craze that will soon die out. Instead it looks to be what will be considered the norm of tomorrow. Oliver Young, analyst for Forrester, made this interesting statement, however, that

“Until now, IT Departments have resisted Web 2.0 tools, often viewing them as consumer grade”

This soon may no longer be an option since as mentioned above, with the current stated of the economy, companies simply may not be able to afford this type of thinking.