Last week at Web 2.0 Socialtext announced a return to it's open source roots, facilitated a Wiki Eventspace for the second year in a row and shared the first version of a case study on the power of mass collaboration at a financial institution.

At the Web 2.0 Launchpad I highlighted Wikiwyg, real-time editing with Synchroedit and Offline editing leveraging the Atom API of how we are going open source from the presentation layer on back. Allow me to excerpt from the press release:
Socialtext, the first wiki company and market leader in enterprise wiki solutions, announced today that it is returning to its open source roots by adopting a new commercial business model. After several years of market momentum -- with an assortment of wiki solutions developed on top of an open source wiki -- Socialtext has begun sharing code with the developer community to further the adoption of wikis in the enterprise. The company's first contribution is the Wikiwyg, an innovative, user-friendly "what you see is what you get" editing tool for wikis.
Open Source Is "The Wiki Way"
Socialtext's decision to shift to a commercial open source model -- revenue will be earned through software as a service and professional services -- comes at a time of a momentous period of growth in both enterprise and new online communities. More than 200 businesses around the globe are using Socialtext to meet numerous business challenges through collaboration. In the past week, Socialtext also announced that SAP Ventures contributed to its Series B funding round, and that Jimmy Wales -- founder of Wikipedia and a leading evangelist of open source wikis -- has joined the Socialtext Board of Directors.
Many businesses are looking for open source solutions because of their superiority -- at both user and technical levels -- and because they help companies avoid vendor lock-in.
Dresdner Kleinwort Wasserstein is using Socialtext for mass collaboration at a scale well beyond what many businesses are doing today.
"We needed to work with an organization that understands where the future is heading, has the right attitude to building technology, and understands that the information needs to migrate across multiple communications mediums," said JP Rangaswami, Global CIO at Dresdner Kleinwort Wasserstein. "Socialtext has both the vision and experience to help us meet the many challenges and opportunities for collaboration on wikis at DrKW."
"As the market leading provider of enterprise wiki solutions, the more the world works the wiki way, the more we win. This strategic shift is about letting go of control to enable widespread adoption and innovation," said Socialtext CEO and Co-founder Ross Mayfield. "With enterprise-wide Wikipedias inside, risk should be shared between vendor and customer, so users can realize the power of mass collaboration."
Listen into a Podcast interview or read on at Intranet Journal, OSDir.com, ZD Net, the Boston Globe, Corante, InfoWorld and ComputerWorld.
Also, my cheeky definition (Web 2.0 is Made of People!) frothed around the blogosphere and Wired News. Word is that Netflix orders of Soylent Green went through the roof.
It's all in good fun, especially the Wiki BoF and parties, but the highlight of the event for me was when a stranger came up and said how cool it was that we had Ward Cunningham, who invented the wiki 10 years ago, come participate in the event.
Ross Mayfield, October 10, 2005 | permalink