This Day On The Street
Continue to site right-arrow
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Photo Release -- New Research Shows Social Business Platforms Increase Workforce Productivity By 15 Percent

Stocks in this article: JIVE

PALO ALTO, Calif., Jan. 23, 2013 (GLOBE NEWSWIRE) -- Jive Software, Inc. (Nasdaq:JIVE) today announced research results on the impact of Jive's social platform in the enterprise by a top three global business consultancy*. According to the data, companies using Jive reported a 15 percent increase in worker productivity and a 4 percent increase in topline revenue.

Jive Software Infographic

For an infographic to accompany this release, copy and paste the following link into a Web browser: Productivity increases that led to topline revenue growth were directly attributable to the ability for people in organizations to reduce time looking for information within in the company by 34 percent, reduce meetings by 16 percent and reduce email load by 21 percent.

Validating this research, last year McKinsey & Co. issued the most comprehensive report on social business and the social economy previously available. The report found that the average knowledge worker wastes 28 hours per week collaborating, searching for information and using e-mail, a technology invented 40 years ago. They estimate social technology can provide a 20-25 percent improvement in productivity, in effect, giving workers a full additional workday of value per week — which adds up to between $900 billion and $1.3 trillion annual value. 

"The hype of social for business is dead. 2013 is the year that the social in the workforce goes mainstream because it has consistently shown it delivers real business value to people and companies," said Tony Zingale, president and CEO of Jive. "I welcome this new era in which social business is recognized for what it contributes to organizations – allowing employees to leave old, dusty business processes behind to focus on getting real work done that delivers quantifiable results."

1 of 2

Select the service that is right for you!

Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!


DOW 18,053.71 +23.50 0.13%
S&P 500 2,088.77 +6.89 0.33%
NASDAQ 4,806.8590 +33.3870 0.70%

Brokerage Partners

Rates from

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs