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Enterprise 2.0 Technologies Market 2020: key vendors, Growth probability, and Future Scenario | Microsoft Corp. SAP EMC Corp. IBM Corp Avaya Inc. Oracle Corp. Cisco Systems Inc. Dialogic Corp. Vonage Holdings Corp. Cafex Communication Inc.
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Rise in awareness about benefits of enterprise 2.0, which includes increase in productivity, improved collaboration, rise in sharing knowledge, reduction of work, and encourages participation drives growth of the enterprise 2.0 technologies market. In addition, rise in focus toward online customer engagement along with rise in adoption of enterprise 2.0 technologies to enhance customer experience further fuels growth of the market. However, factors such as possibility of data leakage or information theft, lack of expertise, high cost of installation, and maintenance of technologies hinder growth of the enterprise 2.0 technologies market. Furthermore, ongoing technological advancements such as integration of artificial intelligence (AI) in these tools provide lucrative opportunities for the market.
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Enterprise 2.0 indicates a positive value for many organizations as it offers numerous benefits such as it encourages participation, capturing, and sharing of knowledge more effectively to increase business productivity. In addition, it also helps to operate organizations in a dynamic environment, which, in turn, encourages sharing of information to help organizations build brand image.
Scarcity of people with right skills and expertise to integrate enterprise 2.0 technologies within ab enterprise architecture is expected to hamper the enterprise 2.0 technologies market growth.
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Key players such as Microsoft Corp. SAP EMC Corp. IBM Corp Avaya Inc. Oracle Corp. Cisco Systems Inc. Dialogic Corp. Vonage Holdings Corp. Cafex Communication Inc.
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