{"id":6620,"date":"2012-02-24T08:26:59","date_gmt":"2012-02-24T08:26:59","guid":{"rendered":"http:\/\/businesstech.co.za\/news\/?p=6620"},"modified":"2012-02-24T08:38:15","modified_gmt":"2012-02-24T08:38:15","slug":"investment-bubble-for-social-networks-set-to-pop","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/internet\/6620\/investment-bubble-for-social-networks-set-to-pop\/","title":{"rendered":"Investment bubble for social networks set to pop"},"content":{"rendered":"<p>In 2013, the investment bubble will burst for consumer social networks &#8211; and for enterprise social software companies in 2014, according to predictions from technology research firm, Gartner.<\/p>\n<p>Steve Prentice, Group VP at Gartner says that Facebook\u2019s imminent listing comes at the very end of the window period to commoditize this service through investment funding channels. \u201cThe bubble here is gone.\u201d<\/p>\n<p>The group says that vendors in the consumer social network space are competing with each other at a rate and pace that are unusually aggressive, even in the technology market.<\/p>\n<p>\u201cThe net result is a large crop of vendors with overlapping features competing for a finite audience. In the enterprise market, many small independent social networking vendors are struggling to reach critical mass at a time when market consolidation is starting, and mega-vendors, such as Microsoft, IBM, Oracle, Google and VMware, have made substantial efforts to penetrate the enterprise social networking market.<\/p>\n<p>&#8220;While substantial excitement will be raised by private firms going public, valuations of smaller independent vendors will diminish as recognition sets in that the opportunities for market differentiation and fast growth has eroded,&#8221; Gartner said.<\/p>\n<p>Facebook aims to raise $5 billion in its initial public offering (IPO).<\/p>\n<p>Gartner also predicts that by 2016, over 40% of population will have a profile on a social network.<\/p>\n<p>And by 2016, 25% of commercial and touristic places will be found on social networks allowing users to \u2018check in\u2019.<\/p>\n<p>Additional predictions made by Gartner for 2012 include:<\/p>\n<ul>\n<li>By 2016, at least 50% of enterprise email users will rely primarily on a browser, tablet or mobile client instead of a desktop client.<\/li>\n<\/ul>\n<ul>\n<li>By 2015, mobile application development projects targeting smartphones and tablets will outnumber native PC projects by a ratio of 4-to-1.<\/li>\n<\/ul>\n<ul>\n<li>By 2015, 35% enterprise IT expenditures for most organisations will be managed outside the IT department\u2019s budget.<\/li>\n<\/ul>\n<ul>\n<li>By 2014, 20% of Asia-sourced finished goods and assemblies consumed in the U.S. will shift to the Americas.\u00a0 Through 2016, the financial impact of cybercrime will grow 10% per year, due to the continuing discovery of new vulnerabilities.<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>In 2013, the investment bubble will burst for consumer social networks and for enterprise social software companies in 2014, according to predictions from technology research firm Gartner.<\/p>\n","protected":false},"author":9,"featured_media":6632,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9882],"tags":[1685,45,475,53,26,753,169,1684,1686],"class_list":["post-6620","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-internet","tag-bubble","tag-facebook","tag-gartner","tag-google","tag-headline","tag-ibm","tag-microsoft","tag-social-networks","tag-vmware"],"_links":{"self":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/6620","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/comments?post=6620"}],"version-history":[{"count":10,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/6620\/revisions"}],"predecessor-version":[{"id":6624,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/6620\/revisions\/6624"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/6632"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=6620"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=6620"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=6620"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}