Long before it became a popular idea, I started to suggest that social networking would take hold within organizations of all sizes to help them better coordinate their increasingly dispersed workers and geographically spread customers and partners.

In the same way that business people have become accustom to instant messaging and texting as a part of their everyday habits, they are increasingly adopting social networking tools and techniques to support their day-to-day activities.

The latest measure of this growing trend is Jive Software’s latest quarterly results.

The company went public last December and reported very impressive second quarter results yesterday. Billings grew 41% yr/yr and subscription revenue grew 59%, while its consulting revenue  as a % of total revenue declined as its solutions have become easier to adopt.

The company’s rapid growth is a reflection of the rising demand for Cloud-based ‘engagement’ apps, such as social CRM and internal productivity tools, offered … Read More »