Collaboration by definition is a way for teams getting things done. There has been various stages in which collaboration technologies have developed and used. Starting Form Email, Chat, Tele Conferencing, Video Conferencing and Enterprise Intranets. The new generation Social collaboration technologies being developed now are evolution in the way teams will work in future. For Social Collaboration to happen effectively it needs two key pillars (a) Cloud Computing Infrastructure (b) SAAS Business model. Knowledge workers need access to the collaboration platform 24 x 7 and from multiple devices. The system should also be Secure and Scalable. This can now be achieved by creating a Social workspace in the cloud on demand which all the team members can effectively use. These workspaces should integrate both the traditional communication and collaboration technologies like Email, Chat, Web conferencing, ECM and new Social technologies like Blogs, Wikis, Micro Blogging so that no information of any nature casual or formal is lost. This is most effective way to achieve team knowledge sharing and capture, without having the individuals to put any additional efforts for the same.