SAP Jam can help organisations meet their key performance indicator (KPI).
Collaboration technology can save an annual $30,000 per employee, money which is usually lost due to inefficiencies like responding to email and searching for and gathering information.
According to a study conducted by SAP, collaboration technology can enable sharing of information in real-time, which can drive better business results.
SAP said that social collaboration tools provide a secure, cloud-based social software platform, can
SAP Products senior vice president Sameer Patel said: "These last three years of fast growth and meaningful adoption of SAP Jam has proven without any doubt that building highly connected networks of employees, partners and customers can drive business performance.
"Executives at many of the world’s leading organizations are now leveraging social collaboration technology to drive growth, improve customer satisfaction and reduce cost."