Traction Announces New Integrated Micro-blogging and Solid Revenue Growth for 2008

by Bill Ives

I have written about Traction Software several times before (see - Blog and Wiki Success Story from Traction Software). TeamPage is a hybrid blog and wiki collaboration platform that continues to add new features. I recently caught up with Jordan Frank, Traction Software’s Vice President for Marketing and Business Development.  We discussed several topics,

First, I mentioned that I have heard of continued success for some enterprise 2.0 firms even in today’s down market (see Are You Seeing Growth in the Enterprise 2.0 Market Even in Difficult Times?).  Jordan said that they are also experiencing this growth against the down market. Traction Software has announced that 2008 marks their sixth year of consecutive revenue and customer growth. They made their goals for the year by the end of the third quarter. This is good news for Traction and for the enterprise 2.0 market sector (see also the related - Economist Finds Strong Belief in Business Value of Social Software).

We also discussed the new Traction TeamPage Live Blog interface that works like Twitter or IM. It creates an automatically updating browser window you can park on your desktop (or iPhone). You type a brief note and everyone with access to that Live Blog sees their window update in seconds. But unlike Twitter or IM, Live Blog is backed by Traction’s TeamPage platform that provides scalable storage, security, integrated search, and the other capabilities within the TeamPage platform. Per project workspace, you can also set permissions such as who can read, author, edit and erase entries. I think this is a great idea to bundle micro-blogging into an enterprise 2.0 platform.

Live Blog is implemented as an AJAX enabled TeamPage skin which updates frequently, so conversations are near-synchronous. That means what you say gets pushed out to everyone watching the Live Blog page seconds after you post. Because the interaction is supported in Traction, conversations you might otherwise have in IM or Twitter can take place securely within a TeamPage context with a robust content, tagging and discussion model.

A Live Blog note on a critical issue can easily be tagged and referenced for followup, found in TeamPage search, or disseminated in an TeamPage generated IM, email, email newsletter or RSS stream. It also works great in mobile devices like the iPhone – see image below. This gives you many of the business features not found in Twitter and makes the micro-bogging model more business friendly. 

Picture 1 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 

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5 Comments »

  Jenny Ambrozek wrote @ December 6th, 2008 at 8:38 am

Bill, your reviews are invaluable given how fast this world of low cost collaboraton tools is moving.

I couldn’t help but think reading your post, where is this headed?

What will enterprise collaboration and knowledge sharing platforms look like in 5 years time?

Today it is microblogging tools, what’s next?

And frankly I also have to wonder what are the chances of a Traction Software surviving as an independent vendor given the history of existing large providers like IBM, Microsoft and more recently Cisco buying potential competitors to either insert into platforms, or , yes eliminate?

  Bill Ives wrote @ December 7th, 2008 at 1:12 pm

Jenny
I see no reason why Traction will not continue as an independent but I do not know their strategy. (disclosure – I have no relationship with them but have had many conversations). They continue to develop a client and revenue base, as well as making their platform more comprehensive. This is a robust market and there are a number of other excellent independent vendors and the large players (e.g., IBM an Microsoft) are also very much in this space. I see this as a validation of the enterprise 2.0 concept.

Bill

  Jordan Frank wrote @ December 24th, 2008 at 5:34 pm

Jenny raises a few good questions about the future of collaboration and asks about our viability. In short:

- Microblogging is a simple extension of the Traction TeamPage platform. Its a logical outgrowth of the “blog” facilities in Traction and leverages all the same facilities for permissions, commenting and so on. Where is this going? In Traction, the concepts of “wiki” and “blog” and “discussion” and “tagging” and now “Micro-blogging” are blended rather than separated – in a work focused collaborative environment that brings the tools to the task rather than the task to the tools. This is the future. I expect vendors who make stand alone tools to address one part of the E2.0 collaboration puzzle will suffer and will, in time, try to extend their platforms.

- We’ve survived the economic effects of the internet bubble, 9/11, and the Iraq War. As we’ve recently announced, despite yet another economic challenge facing industry at large, we’re experiencing our 6th straight year of growth. Unlike many of our venture-heavy competitors, we haven’t been dependent on outside funding for several years. We’ve survived for all these years despite consistent competitive challenge from Microsoft, IBM and many other large players with collaboration software offerings and will continue to survive – AND THRIVE – in the years to come. I expect that as the current economic crisis grips corporations, they will seek easy to install and manage platforms like Traction TeamPage which also come at a very reasonable price tag as compared to the options from the likes of IBM and Microsoft.

Jordan

  John wrote @ February 19th, 2009 at 11:56 pm

Bill, I am doing some research in this area. Can you point me to some good examples of how the big guys are offering software like traction team page? I really like the team page setup. Thanks, JD

  Bill Ives wrote @ February 20th, 2009 at 7:58 am

John – I think that the pure play venders such as Traction offer the most comprehensive and focused solutions but IBM (Connections) and Microsoft (Sharepoint plus partners) both have offerings in this space. Bill

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