Social Networks: Good for Business?

July 20, 2008

by Carrie-Ann Skinner, PC Advisor

Businesses are not making the most out of social networking technologies brought into the spotlight by sites such as Facebook and MySpace, according to analyst firm Gartner.

Gartner said the business potential of such sites was “largely untapped”, and the firm expects them to “become increasingly important to the competitiveness of large enterprises in the future”.

“Social networking software holds enormous potential for improving the management of large enterprises,” said Nick Ingelbrecht, research director at Gartner.

“However, work in this area is still immature and in the meantime enterprises should be aware of what is happening in the world of consumer social networking and implement appropriate usage policies for employees’ use of services such as Facebook and MySpace on company time.”

Full article at PC World Business Centre