Business Social Networking Upside-Downside


Social media tools are entering the workplace, either by thoughtful intent or purely by accident. To date, for those organizations that actually have a plan of action, most tend to focus more on "damage containment" policies for their employees.

Is a protection-centric strategy the prudent approach for concerned -- but otherwise uninformed -- business leaders, or is it shortsighted thinking that undervalues the upside opportunity?

Cisco released the results of a third-party global market study designed to assess how organizations use consumer social networking tools to collaborate externally.

The use of these tools, such as Facebook and Twitter, are connecting organizations with their external stakeholders. On the upside, the tools connect people and information, establish potential new routes to market, and enhance customer intimacy and brand awareness.

According to the third-party researcher, the study findings indicate that we're at the early stages of adoption and in the process of identifying key challenges -- such as the need for increased governance and IT involvement.

Market Study Highlights
Of the organizations interviewed, 75 percent identified social networks as the consumer-based social media tools they primarily use, while roughly 50 percent of the group also identified extensive use of microblogging.

Social networking tools are spreading into core business areas, including marketing, human relations, and customer service. Within marketing and communications, these tools have already become an integral part of early-adopter initiatives.

Small and medium-sized businesses are actively using social networking channels to generate sales leads, but this remains a growth opportunity for larger companies.

Only one in seven of the companies that participated in the research noted a formal process associated with adopting consumer-based social networking tools for business purposes.

Only one in five participants identified any policies in place concerning the use of consumer-based social networking in the enterprise. Within the respondent base, social networking governance typically involves more stakeholders than standard corporate initiatives.

Due to the unstructured nature of social networking, companies continue to struggle with policy creation and adoption, as copying an established governance process from other more structured areas often doesn't work for social networking.

Only one in 10 respondents noted direct IT involvement in externally facing social networking initiatives. Although IT typically isn't involved as a primary decision maker, respondents did recognize the need for these tools to scale and properly integrate with existing business processes to reap maximum benefits.

The new study is based on extensive interviews with 105 participants representing 97 organizations in 20 countries around the globe. Conducted between April and September 2009, the research was carried out by leading business schools in the United States and Europe.
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Cloud Services Adoption in Asia-Pacific


It's the time of year when most business technology market research and consulting companies release their predictions for the new year. In its annual outlook for 2010, IDC predicts the Information and Communications Technology (ICT) spending and growth in the Asia-Pacific excluding Japan (APEJ) region will reach $184 billion -- with a 7.7% growth over this year.

IDC predicts most growth will come from India and China, although all countries are expected to experience varying degrees of growth.

"While budgets are still tight, and the buying patterns may have changed irrevocably from what the ICT industry has been accustomed to, the fact remains that there is cautious optimism in the market with some interesting pockets of surprising growth," said Simon Piff, Head of IDC's Asia-Pacific Predictions Committee for 2010.

The net result of the economic slowdown has been an overarching change in how and why companies make new business technology investments.

Proven Technologies Ready for Adoption
IDC foresees projects that generate immediate ROI and tangible improvements in managerial and operational efficiencies will continue to be the ones that garner quick executive buy-in.

The key enabling technologies for 2010 are not necessarily new, as much as they are a more mature and robust implementation of proven solutions that have been available for a while.

Cloud Computing, last year's emerging focus area, will move from being merely a buzzword to a deployment reality -- as service providers address the challenges of providing managed cloud services and organizations realize the flexibility that these solutions can provide.

In fact, cloud services ranks number one on the “Top Ten key IDC predictions that will shape the ICT industry in APEJ in 2010.”

The Maturing of Cloud Services
According to IDC's assessment, service level agreement (SLA) options will improve. They believe that the combination of five-nines performance guarantees -- plus robust business continuity and disaster recovery (BCDR) capabilities -- will be the compelling new adoption momentum that accelerates cloud service growth.

In 2010, the large organizations that are ready to deploy managed cloud services will do so, demanding the same SLAs with BCDR capabilities.

IDC's annual predictions for ICT includes the latest research results from their 1000+ analysts. This insight was followed by an extensive regional review to weigh in on key industry events, typical user characteristics, vendor strategies and economic measures, that help define the technology trends which would impact and drive the ICT market in the Asia-Pacific region for 2010.
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Better Way for SMBs to Collaborate Online


Do you know, is there a better way for businesses to meet online, present projects, and share calendars and ideas anytime, from anywhere? Are you ready to share your experience?

Small- and medium-sized business owners can compete for a chance to win up to $2,000 in a reward card and a free consultation with marketing expert Guy Kawasaki -- by entering The Better Way Challenge.

The challenge, a video contest presented by Verizon and Cisco, is designed to encourage businesses to use new collaborative tools to maintain their competitive edge in a fast-changing environment.

"Innovation and technology will power us out of this recession," said Kawasaki. "The Better Way Challenge enables entrepreneurs to share their victories and defeats, tips and tricks, joys and pains of running a business. Online collaboration and social media can generate business, and these videos will accelerate the learning process for entrepreneurs and business owners."

Entering the Contest is Easy
Just submit a video of less than three minutes that describes "the most challenging part of getting your whole team on the same page."

Contest participants must either be subscribers to the Verizon Collaboration Center, located at the Verizon Small Business Center, or they may sign up for a free 30-day trial. Entrants whose videos are accepted for judging in the contest will also receive additional free six-month subscriptions.

In addition, any business that signs up for the free 30-day trial subscription will automatically be entered into a monthly drawing for a chance to win a Flip Mino HD Camcorder. As many as 90 camcorders will be given away during the six-month promotion.

Profiling Advanced Collaboration in Action
A panel of judges will select three contest finalists, based on the originality and relevance of their videos. The grand-prize winner will receive their free consultation with Kawasaki via Cisco TelePresence.

The second-and third-prize winners will each receive a reward card for $1,000 and one-on-one consultations with industry experts from the Cisco Internet Business Solutions Group -- which designs innovative processes and strategic plans for businesses.

All three consultations will be tailored to the specific business needs of the winners and focus on ways in which collaboration and online resources can make their businesses more efficient and competitive.

Monte Beck, Verizon's vice president for small-business product strategy, said, "Small businesses need a lot more than e-mail and Internet access to stay competitive. They need to move fast and utilize tools like the Verizon Collaboration Center that can help them grow their businesses, run them more efficiently and, reduce the cost of doing business."

The Verizon Collaboration Center, powered by Cisco WebEx, offers voice and Web conferencing. It enables users to instantly and effectively collaborate with colleagues, clients and vendors in a virtual environment that is accessible from any web browser.
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