…some companies use Web 2.0 in revolutionary ways. This elite groupof organizations—3 percent of those in our survey—derives very highlevels of benefits from Web 2.0’s widespread use, involving employees,customers, and business partners, according to the survey.Respondents at these organizations reported higher levels of employeebenefits than internally networked organizations did and higher levels ofcustomer and partner benefits than did externally networkedorganizations. In applying Web 2.0 technologies, fully networkedenterprises seem to have moved much further along the learning curvethan other organizations have. The integration of Web 2.0 into day-to-day activities is high, executives say, and they report that thesetechnologies are promoting higher levels of collaboration by helping tobreak down organizational barriers that impede information flows.
ROI from Web 2.0 52% of organizations using Web 2.0 achieved Best-in- Class performance compared to only 5% that didn’t Companies using Web 2.0 tools achieved 18% increase in engagement vs. 1% among those that didn’t
Wiki ROI T. Rowe Price adds 1,500 workers to its call center each tax season & transferred the entire training program to a wiki. Price encouraged new employees to take notes during the sessions and then add notes, comments & recommendations to the wiki. As a result, the company estimates that it saves 1-2 mins. per call at $20 per min. (net result = millions of dollars).