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Social networking is a trend to connect employees “in the know” who have a passion for a topic. A company’s internal systems and processes know what projects someone has worked on, what interests that person has and what documents/content/ posts the person has shared. Leveraging this information allows employees to build ad hoc social networks around important business topics. Taking a cue from existing consumer social networking sites like wikipedia, squidoo or wikihow, the leveraging of internal system information can take knowledge management to the next level. A high level characterization of web 2.0 technology for intranets is available within this pdf document published by the Otter Group. Finally, research on group problem solving are also coming out with studies like this.
As Dion Hinchcliffe illustrates below (from his blog Enterprise Web 2.0), Moore's Law is most vividly represented in a network's ability to improve and ever evolve:
From Enterprise Web 2.0
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