Free Access To ‘Streams In Business Report’

In anticipation of a new home and configuration for the Streams In Business report — announcement and location to follow later this week — I am providing free access to the report. The report provides in-depth scenario-based evaluations of the following products: Podio, Bantam Live, Cohuman, Flowr, IBM Connections, Mangoapps, Socialcast, and Yammer.

The full report is managed in a Box.net folder, located at http://www.box.net/shared/ko7v7z6gvr and the password to open it is ‘antimony’. Box.net supports download an entire folder, or you can download the files independently.

Please leave comment or questions on this blog post, if you’d like.

Free Access To ‘Streams In Business Report’ This Week Only

To celebrate the launch of Podio tonight (at the Podio Store, 224 6th in San Francisco) I am going to provide free access to my report, Streams In Business, this week only. The report provides in-depth scenario-based evaluations of the following products: Podio, Bantam Live, Cohuman, Flowr, IBM Connections, Mangoapps, Socialcast, and Yammer.

Here’s one comment about Podio, from the report:

The combination of rich user-defined or user-customizable applications and Podio’s mechanisms for easily filtering the datasets being managed by their apps seems to be to be an amazingly powerful environment for managing everyday workflows, and sharing the stream of activities that form the basis of today’s work.

If you’d like to read just the Podio chapter, it is accessible here. It may be helpful to read the scenarios description that I use to evaluate the products in the report, here.

The full report is managed in a Box.net folder, located at http://www.box.net/shared/ko7v7z6gvr and the password to open it is ‘antimony’. Box.net supports download an entire folder, or you can download the files independently.

Please leave comment or questions on this blog post, if you’d like.

Apple In The Enterprise

Jonny Evans went to EuroFinance, and hobnobbed with the bankers and financial services types, and what did he see? iPads and iPhones.

Jonny Evans, Apple’s growing place in the enterprise

Every other bank seems to compelled to produce non-consumer iPhone apps for their corporate clients. This trend’s reflected in new training provision now being made for enterprise users turning to iOS.

Bloomberg is producing an iPad app for subscribers to its world-class financial information service. This will be an extension of existing multiple-platform support, but already it looks as if the kind of intuitive access to deep financial market information this app will provide gives financial folk yet another reason to spring a few hundred dollars on the Apple device.

BNP Paribas this week announced that its NeoLink client portal is now available on iPad.

On launch, Apple CEO Steve Jobs attracted a lot of attention when he called the iPad ‘magical’….turns out he may have been right.

Think about it. Just over six months since iPad reached the shops it has already built for itself the visibility it takes to attract interest from those at the heart of corporate finance. It has motivated banks, financial houses and world-class firms such as Bloomberg to produce apps for the platform.

Why?

Portability and power is part of it. Screen real estate is another. The always on connectedness of the device lends an extra string to the bow, but the main drive here is the app store.

[…]

At root of all this is the relative affordability of development of apps — and not just for Apple, either, it extends beyond this to the wider world, Android, and other smartphone platforms in future….

The relative affordability of app development make it possible for larger and small firms to develop software that answers their specific needs at a cost they can sustain. This is a massively multiplayer world of niche app developments, the phrase ‘there’s an app for that’ is moving away from being trite and pervasive to becoming true.

[…]

I hear one major international banking chain is already developing not one not two but literally hundreds of different iApps. .

This level of wide support for an Apple product would never have happened in the past. In the corporate/enterprise sector, at least, Apple has arrived.

My recent experience — with companies building stream applications for enterprise collaboration and coordination — is a small sample, but iPhone and iPad are just about the only mobile clients being developed. So it looks like the business world — and expecially the world of banking and finance — is moving to the iPad very very quickly indeed.

Streams In Business: Yammer and Bantam Live Announcements

I have been head down on a project this summer, and I am very excited about what will soon coming to light. The Streams In Business Study And Report (formerly Microstreams In Business) has had me focused pretty exclusively all summer on a very innovative group of products, all sharing common characteristics and planned userbase: streaming applications applied in the context of business.

Just to clarify what is a streaming application, an excerpt from the upcoming report:

What Is A Stream And How Is It Different?

A ‘stream’ is the implementation of a social model of interaction, relationship, and communication. Social tools are generally based on the idealization of social networks, in which people connect to other people in many ways. John might connect with Mary, who also connects to Ahmed, but John may not know or connect to Ahmed.

Streams are based on directed networks, where John ‘follows’ Mary but Mary may not ‘follow’ John back. This is derived from the public blogging model, where authors publish their work freely and anyone may choose to read those works, or to subscribe to a feed from that blog. In a sense, streams are an extension, or advance, on the basic publishing model of blogs. This is why some have chosen to call streaming ‘microblogging’, focusing on the similarity of publishing involved, and making a distinction between long-format blogging and short-format ‘microblogging’. This distinction may not be the most productive one, especially in the business context.

So, streams are based on directed networks that emulate or parallel social networks. Relative to any user, there are upstream contacts (those that the user follows, ‘following’), and the downstream contacts (those that are following the user, ‘followers’). Note that a follower can be followed, as well.

There is growing interest in the use of these technologies, as I discovered with a poll earlier in the year. But just as important is the level of innovation going on in the space. These week, two of the companies I have researched for the report made big announcements

Yammer — It has been two years since Yammer debuted at TechCrunch50, and won best of show. This week at TechCrunch Disrupt the company announced the ‘new’ Yammer, with a bunch of new features:

The New Yammer Is Here!

Since our inception, Yammer has had a public API, allowing third parties to develop applications on top of Yammer. We’ve now expanded to a full platform, on which third party companies can develop new applications and integrate existing enterprise apps. We’ve built several of our own applications that are available today:

  • Polls – Tap the wisdom of crowds by quickly and easily creating a poll and asking co-workers to identify the best option
  • Questions – Ask co-workers and quickly find answers in a searchable knowledgebase
  • Events – Invite co-workers to company or group events and track responses.  Download event into Microsoft Outlook or Google calendar
  • Links – Share URLs with co-workers in a form that displays web content such as videos and images inline

NewYammerHeroImage

Soon we’ll add other applications to the list including Ideas and Tasks. In addition to our own applications, we’re partnering with the following companies who are building applications that integrate with Yammer. 

  • Zendesk for Customer Support – Attach a Zendesk ticket to a Yammer message so that all customer service agents can collaborate and resolve issues quickly
  • Box.net for Enterprise Content Management – Reference files from Box.net’s leading cloud content management solution in Yammer messages
  • Crocodoc for Document Mark Up and Review – Collaboratively highlight and comment on PDFs, Word documents, images and other files that are attached to Yammer messages
  • Lithium for Social Customer Relationship Management (SCRM) – Enables employees to share and discuss feedback from brand influencers and customer conversations that take place in Lithium’s leading customer community solutions
  • Expensify for Online Expense Report Management – Notify the appropriate people when an expense report requires action

I think that Yammer’s notion of becoming a platform for other services to plug into is interesting, but I’d like to see an interoperability protocol rather than a bunch of competing APIs from a slew of platform companies.

Positioning around the platform idea is a sign of the rapid maturation of this marketplace, though, and I bet that in a subsequent iteration of my Streams In Business study I will be evaluating APIs of platform competitors, like Podio, that I saw earlier this week for the first time.

[And candidly, I continue to wonder why it took Yammer two years to implement tasks.]

Bantam Live — Bantam Live is a NYC-based start-up that has integrated a full twitter client into their stream CRM solution:

via BusinessWire

The new offering is at no extra charge to existing plans. Features include:

- Twitter Functionality: Tweeting, replies, timeline, profile, @mentions, retweets, saved searches, lists, following/follower stats, favorites, tweet emailing, etc. are now all here in a tabbed interface, similar to the new Twitter site. The essential communication features of how people use Twitter to interact are now within the social CRM app of Bantam Live.

- Contact Management: Users can create new contact names and profiles from Twitter within Bantam Live with one click. First name, last name, headshot and bio are automatically populated along with tags in a newly created contact record page in Bantam Live that embeds the contact’s live Twitter feed.

- CRM and Activity Stream Collaboration: Users can search for keywords in tweets and discover new prospects, customers, and partners. Replying directly, importing new contact names and their tweet content, commenting on tweets to team members, creating and assigning tasks to coworkers, and notifying coworkers of such activity are features that are now available. All activity is recorded in the history section (next to the contact’s live Twitter feed tab) on a contact record page in Bantam Live. Moreover, all activity is displayed in the Bantam Live activity stream for team members to monitor and interact.

Bantam Live’s focus is to help small businesses that are using Twitter as upstream input to their sales outreach activities. A Bantam Live user might discover someone in Twitter complaining about a competitor’s product, and use that as an opportunity to find out more from the dissatisfied customer. That could lead to an internal work flow, like analyzing the information, or kicking off a sales effort, all managed within Bantam Live.

It’s obvious that open social contexts like Twitter naturally lend themselves to being augmented or extended with other streaming applications, in the case of Bantam Live, one focused on sales. I think this trend is going to be huge.

For example, only today, I had a demo of UberVu, which takes a very similar approach — allowing users to ‘listen’ to Twitter and other streaming sources and to converse with the individuals making the posts — but all in the context of a sophisticated and rich analytics framework. Ubervu users can post information, and task others to take action based on it, all in the context of a visually rich context for marketing and business intelligence.

As I said, these advances only underscore the point I made earlier: these streaming tools represent a sweeping change for the better in the business context, and their adoption rate is likely to accelerate as these tools grow in capabilities and with rising awareness of their potential in the marketplace.

_

Update on the Study and Report

The Streams In Business Study And Report (formerly Microstreams In Business) project has been delayed, partly because of unusual demands on my time because of unforeseen family issues, and party because I have been coming across new companies with very innovative technologies that I wanted to research and get into the report.

The study has focused on the following technologies, with sponsorship from those denoted with an asterisk. A number of companies that I contacted declined to be involved. Note that involvement requires only that the company undertake to mock up the scenarios that I outlined in Microstreams In Business: Scenarios For Product Evaluation.

Products:

  • BantamLive*
  • BlueKiwi
  • Coffeebean Technology*
  • CoHuman*
  • Flowr
  • Huddle
  • IBM Connections*
  • Mangospring
  • Newsgator*
  • Socialcast*
  • Traction Software
  • Yammer*

I am planning to complete the report in the next week or so, and to schedule a series of free webinars digging into various aspects of the technologies revealed in depth by the scenarios involved.

If you are interested in learning more about the report or webinars, click here.

Streams In Business: CoHuman Task Priority

I have been heads down on the Streams In Business research project (formerly ‘Microstreams In Business’) and working like a madman to collate information about the growing list of products that I am investigating. The goal of the project is review applications designed to support modern collaboration and coordination of business activities based on the streaming metaphor popularized by Twitter and other well-known social networking applications. I have reviewed over 10 applications so far, including IBM Signals, Yammer, Huddle, Socialcast, Bantam Live, Coffee Bean Technology, and others. (For more background information, see www.stoweboyd.com/tagged/mib.)

The research will be captured in a report, ‘Streams In Business’ that I hope to publish by the end of September. I am also scheduling some free webinars on the findings in October. If you would like to register for more information about the report or the webinars, please register here.

I have been delayed by at least a month in the research work because of family issues this summer, but I am also stumbling across new entrants in this field every day, it seems. In just the past few days I have discovered that my old friend, Thomas Madsen-Mygdal, is the chairman of a new stream application start-up called Podio, based in Copenhagen. I also had a demo of a Slovenian start-up’s product called Flowr the other day, and was introduced to the founders of a very interesting and innovative tool called Cohuman. I have been generally amazed at the innovation going on.

Cohuman has maximized the idea that tasks are the center of the new world of work.

The central element in their tool’s presentation are panels containing information of various types, like recent activity, profiles, projects, or tasks. These panels slide to the right as others are added.

I want to draw your attention to a single feature of Cohuman, task prioritization. In the image below you can see the tasks associated with the project ‘CoHuman Discussions’. at the right on each task there is a numeric value indicating the level of priority for the tasks. As you can see, the tasks are ordered by those figures.

The priority is calculated using a formula that tracks how tasks are dependent on each other, and other factors.

Here you see me blocking ‘invite team members to AdjectiveNoun’ with ‘overall work plan’, and that leads to a higher priority for ‘overall work plan’.

Because task dependencies can track across different projects, prioritization can be based on information that is not visible to the person intended to perform a task. This prioritization is an emergent property of the network of tasks and their relations to each other based on blocking, as well as direct actions taken by users. I can, for example, manually reorder tasks within a project, which also impacts the priority weighting.

I don’t have deep experience using CoHuman with dozens of projects and dozens of users, but I have a sense that the task priority features could become a major benefit to those user groups that learned how to exploit that feature set. I have often said ‘I am made greater by the sum of my connections, and so are my connections.’ That principle — of networked value shared by those in the group, commonly called the ‘network effect’ — underlies what makes this distributed task priority scheme so powerful. As each member of the group adds small gestures about task dependencies, or people’s assertions about task importance, the overall information about all tasks in the system gets richer.

CoHuman will be profiled in the report, and I am planning a webinar on the topic of tasks and coordination, examining how the many products support this vital aspect of work in groups.

The Business Case For Streams versus Email

I have written a great deal about the rise of streams — also called microblogging, activity streams, and other names — and the application of streams in the business context, but yesterday’s ‘Microsharing’ panel at the Enterprise 2.0 conference demonstrated that there is widespread disagreement, confusion, and even antipathy about streams in business. So I thought I would collate a few thoughts into something resembling a business case for streams, and throw it out there. (Note that this is also a dry run for a section of the upcoming Microstreams In Business research report: see www.stoweboyd.com/research.)

What Is A Stream And How Is It Different?

One thing Marcia Conner might have wanted to do yesterday might have been to actually define what a stream is.

A ‘stream’ is the implementation of a social model of interaction, relationship, and communication. Social tools are generally based on the idealization of social networks, in which people connect to other people in many ways. John might connect with Mary, who also connects to Ahmed, but John may not know or connect to Ahmed.

Streams are based on directed networks, where John ‘follows’ Mary but Mary may not ‘follow’ John back. This is derived from the public blogging model, where authors publish their work freely and anyone may choose to read those works, or to subscribe to a feed from that blog. In a sense, streams are an extension, or advance, on the basic publiching model of blogs. This is why some have chosen to call streaming ‘microblogging’, focusing on the similarity of publishing involved, and making a distinction between long-format blogging and short-format ‘microblogging’. This distinction may not be the most productive one, especially in the business context.

So, streams are based on directed networks that emulate or parallel social networks. Relative to any user, there are upstream contacts (those that the user follows, ‘following’), and the downstream contacts (those that are following the user, ‘followers’). Note that a follower can be followed, as well.

Streaming tools have two sides, too, matching the directional nature of their structure:

Sending — This is the collection of features that support a user in the creation and publishing of a stream element. As a simple example of the posting side of things, consider the an editor for Twitter like Tweetdeck that allows a user to type characters, create retweets, shorten URLs, embed photos, and so on.In the business context, users can post a wide array of different sorts of message types, depending on the tool’s ability to support them. For example, a user might post a structured request for a meeting to one or more downstream contacts by name, or using other features — hashtags, defined project names, user lists — to bring the request to the attention of specific individuals.

Receiving — The set of features that help a user make sense of the aggregated stream of posts from all those that she follows. This can include search, filtering, and expansion of post elemenst, like displaying an image that is embedded as a shortened URL. The receiving side also includes the ability to learn more about the individuals behind the posts, and to create or modify relationships with them, such as following a user you have discovered by a retweet made by one of your upstream contacts.

There are a number of other aspects of the streaming model that bear examination, and which may vary across implementations:

Profiles — Generally, users create profiles with bits of information, like name, physical location, and whatever else is socially or contextually relevant. This may include the user’s followers and following, which makes the social network accessible, a node at a time.

Gestures — Actions that users take other than actively posting can also be pushed out to the stream, like posts. So, when a user decides to follow (or unfollow) another that social gesture can be streamed. Likewise, users may indicate that they ‘like’ (or ‘dislike’) users posts. In a similar way, in a business context, more structured posts can be implemented, like appointments to meet, and acceptance of a request to meet is another sort of social gesture.

These are the basic elements of the open stream model, and given a wide variablity of understanding about it and experience with it, it is always helpful to lay it all out so that we can share terms and avoid confusion.

How Is This Different From Email, And Does That Matter?

Email is not predicated on social networks, except to the extent that the users of email are networked. The premise is that there is a universe of individuals (and perhaps named groups) to who messages can be directed. And they can send messages to you, if they know your email address.

Like streams, email has sending and receiving contexts, but there is no notion of writing an email message without addressing it to a specific list of people.

Email is addressed, stream posts are released.

Email is private, and the distribution of messages is determined by the author at the time of writing. Individuals may decide to block my messages, but they can’t opt to see all of them. This means that the effective use of the information in the message is based on the premise that the author knows who should read it.

Streams are public (within some defined ‘public’), and the distribution of messages is determined by the actions of all the members of that public. Individuals decide who they will follow, and the collective streaming of information is the result of the affiliation of all the members of the public.

In the context of business, this means that email is selective: the author selects who should read the message. Streams are elective: the eventual recipients of messages elect to receive them. And this election is principally based on the individual, not the topic, per se, although different tools may implment that very differently.

Relative to email’s selection orientation, streaming is based on the premise that individuals might be more effective if they can elect to receive information flows that are potentially useful to them, and therefore, they should be able to make the determination for themselves as to what are the best sources of information.

Looking at this as a ‘wisdom of the crowds’ sort of issue, it is more likely that information will be best distributed within any given group if each person can decide what information sources are likely to provide good information for themself, rather than leaving it up to the sources of information to decide who should have access to it. This is the argument for openness in open societies, as well, and it has an immediate and obvious analog in the workplace.

So, whenever the discussion comes around (once again) about how we already have email, and that all this streaming malarcky is nothing new, please remember that the models are quite different, and at least in some ways are an inversion of each other. Email is inherently more centralized and top-down, while streaming is inherently more distributed and bottom-up.

When we hear arguments against streaming in the business context they are often the same arguments that are made against distribution of decision-making and the value of top-down controls. I won’t go into the counter to these arguments here — they are out of scope — except to point out that bottom-up and distributed business organization is often linked to agile and resilient businesses, ones that are more likely to thrive in challenging and fast-changing circumstances.

Last Thoughts: What We Can Learn From Corporate Email

We are at a juncture in the rise of streams which is similar to the rise of corporate email. People today don’t recall the controversy about adopting corporate email in the ’70s and ’80s, and then again, web-based email in the ’90s.

One lesson to learn is that ROI studies will be asked for prior to roll-out. However, later on, when the entire company and then the world has shifted to email, senior management will realize that there is no return to a pre-email or pre-stream world, and therefore most companies will simply opt not to calculate whether the return was realized. It will be moot. (See Lee and Sproul, Connections, for a detailed examination of this around corporate email.)

The second lesson is interoperability and standards. Corporate email led to a a Cambrian explosion of email products that were largely non-interoperable. It took years to get different systems to intercommunicate, so large companies often had three or more unintegrated email solutions, based on acquisitions, or different groups in different countries making differently local decisions.

We need to start thinking about interoperable streams, from the outset. For example, I have been advocating interoperability of the tumble blog model for some time, which is a specific subset of the more general streams model. Since we have some much innovation going on, this is likely to turn out to be like the SQL standard, which was the intersection of the leading implementations of the SQL model of databases. At any rate, businesses looking to roll out streams in their companies should definitely put pressure on the vendors to commit to interoperability in the next few years, before this gets away from us.

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