In my previous post, I highlighted how social technologies will drive businesses to focus on the complete customer experience and why organizations must plan ahead to stay competitive. We expect most organizations to increase their investments in social technologies. But to drive business value (and reduce risks), CIOs must be proactive in managing the coming invasion of consumer-driven social technology.
- Expect investments in social technologies to grow across Asia Pacific. Discussions with both IT buyers and vendors confirm that social technology adoption and usage are growing across the region. The data below shows the likelihood to spend on social technologies over the coming year. Economies like Malaysia (92%), Korea (86%), and India (70%) are most keen on spending, whereas Australia (31%), China (30%), and Singapore (26%) all lag. This is likely due to growth economies like Malaysia and India ramping up their initial investments in areas like collaboration and knowledge management, both of which are already well-established in more mature IT markets like Australia and Singapore. China stands out as an anomaly among other mature markets chiefly because of language-specific needs.
- Avoid drinking old wine in a new bottle. In an attempt to jump on the bandwagon, many vendors are attaching the term “social” to as many tools and technologies as possible. This misuse has created confusion among senior decision-makers, who are often sold the wrong product under the banner of social technologies. Forrester has identified seven technologies that we believe fit best under the broad label of social technologies: collaboration tools (Microsoft SharePoint, Cisco products), knowledge management (IBM Lotus Connections, RightAnswers), social networking platforms (LinkedIn, Google+, Facebook), social media sites (Twitter, Yammer), social software (SocialText, Jive Engage, Drupal), social analytics (Telligent Systems, salesforce.com’s Radian6), and social computing communities (Blogger, WordPress). In an effort to lend some structure to this jigsaw puzzle, Forrester has created a social technologies matrix that incorporates unique implementation scenarios. While more details can be found in this report, here’s a sneak peek at the matrix: