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Eugene Lee: CEO SocialText on integration, Twitter and predictions

By | May 19, 2009, 9:01am PDT

Summary: Last week I attended SOMESSO and met Eugene Lee, SocialText’s CEO. While I know the company reasonably well through Ross Mayfield and some online webinar sessions the company has hosted, this was the first time I’d met Eugene. He struck me as a strong presenter with a clear vision for where the social computing space is [...]


Last week I attended SOMESSO and met Eugene Lee, SocialText’s CEO. While I know the company reasonably well through Ross Mayfield and some online webinar sessions the company has hosted, this was the first time I’d met Eugene.

He struck me as a strong presenter with a clear vision for where the social computing space is going and over the course of an 8 minute 30 second video recording I captured some of his thoughts on where the social computing space is today, the impact of microblogging on adoption and to get his predictions for the next 12 months.

After the obligatory SocialText ‘ad’ message, Eugene explained (at 1 min 16 secs) how he sees the integration of point tools like blog, RSS and wiki as the way forward, where enterprises will buy into the suite idea. Given this is the space SocialText seeks to occupy, it should not be a surprise. Even so, it makes sense to consider these tools as an integrated whole.

This became more apparent as we discussed the impact of Twitter style tools (at 3 mins 20 secs) as a potential change agent for adoption. As Eugene says: “Twitter without context is fritter.” I have put it another way in the past: content without context in process is meaningless. The two expressions mean much the same thing. Eugene then went on to say he is finding companies are becoming more comfortable with the idea of microblogging tools when they are seen in the context of problem solving and discovery tied to other technologies such as wiki. That in turn is leading to deeper adoption of social computing tools. Off camera, I asked about business run rate even given these emergent benefits. He said that Q1 had been widely anticipated as ‘difficult’ but that SocialText has seen its highest subscription renewal rate.

Finally I wanted to hear his three top predictions for the next 12 months (at 6 mins 13 secs):

  • The buying requirements will be around the integration of things and not lots of little point products
  • The emergence of flagship deployments with ROI metrics that will make people feel more comfortable about investing in these technologies
  • Vendor-competitors doing more collaborative conversation because it doesn’t make sense to throw brickbats at each other where there is much to be done around interoperability.

You can argue that much  of what Eugene argues is a direct reflection of the SocialText playbook and of course there is truth in that. Nevertheless, as we have seen so often in the past, point solutions are not necessarily the way to go when you can derive benefit from related technologies under a common platform.

It therefore makes complete sense to consider suite approaches in the social computing space but adopted on a piece by piece basis. That will require some skill in negotiating deals because providers such as SocialText will argue an ‘all you can eat’ approach.

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Dennis Howlett has been providing comment and analysis on enterprise software since 1991.

Disclosure

Dennis Howlett

Dennis Howlett is committed to maintaining the independent and opinionated stance that his writings are well known for and does not enter into contracts that would limit his freedom of expression in any way. However it is important in the interests of full disclosure to inform readers of those relationships so they can form their own judgment. This page therefore lists all Dennis Howlett’s current business relationships.

Dennis’s consulting arrangements occasionally bring him into direct or indirect business relationships with some of the companies about which he writes, and/or their competitors. Where such a relationship exists, it is disclosed at the end of any article that references the company concerned.

Dennis owns AccMan, an independently produced blog covering the professional services market, primarily focused on Europe. It is currently sponsored by selected TextLink Ads and named sponsors in the ‘Sponsored Content’ block.

He is a member of Enterprise Advocates, a loose association of consultants, and analysts who are concerned with the buyer side of the buy-sell enterprise relationship.

He is a paid contributor to IT Counts, a site dedicated to discussing technology issues as they related to ICAEW members. He also advises ICAEW on certain aspects of its member outreach programs.

He is an SAP Mentor and participates in SAP Mentor webinars. He has recently produced a guide for SAP resellers wishing to record customer videos. Other than as disclosed here, Dennis maintains no business relationship with SAP and is not financially rewarded for his role as a Mentor.

Dennis maintains relationships with a range of end user organizations and in all cases is subject to non-disclosure agreement. He has no current ‘paid for’ relationships with ITC vendors except as disclosed above although certain vendors comp travel and expenses claims. For the benefit of doubt, T&E reimbursement is a common practice among European based writers. It is often the only way we can attend important events. Even so it doesn’t impact our analysis of what vendors have to say. If you believe otherwise then feel free to ignore what is written here.

Except as mentioned above, Dennis has no other investments in any tech industry participants. This page last updated 23rd February, 2010.

Biography

Dennis Howlett

Dennis Howlett has been providing comment and analysis on enterprise software since 1991 in a variety of European trade and professional journals including CFO Magazine, The Economist and Information Week. Today, apart from being a full time blogger on innovation for professional services organisations, he is a founding member of Enterprise Irregulars and an investor in a European start-up. Prior to, Dennis was technology and tax partner in a British firm of Chartered Accountants for 10 years. Prior to that held various senior finance roles across a broad range of industries.

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