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Social networks will receive 2008 biggest budget spend
A new report published this week by Forrester estimates that over $5 billion will be spent on social networks by 2013 in North America and Europe alone.
Coming above six other Web 2.0 categories - mashups, widgets, wikis, blogs, podcasting and RSS - social networks have been clearly identified as this years' must-have inclusion in any large companies' online budget.
Although this research hardly comes as a surprise, it will be interesting to see what will supersede the current trend. Attendees of this week's "Geek Conference" in San Francisco will most likely get a taste for what's ahead on the new technology event horizon.
Source: BBC Technology
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