| By Salvatore Genovese | Article Rating: |
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| August 27, 2009 09:00 AM EDT | Reads: |
1,209 |
Linked Media Group to develop a customized version of their Social Media Platform, which will be marketed and sold under the Linked Media Group brand name. Enabling Linked Media Group to generate two new revenue streams via SaaS ("Software as a Service") Subscription and as a Services offering for the millions of Corporations and Small to Medium Sized Businesses rapidly embracing Twitter and other Social Media Platforms for Advertising, Lead Generation and Customer Engagement.
Rip Cloud has significant experience developing customized Social Media Applications for: Twitter, Facebook, Flickr, Digg, Reddit, MySpace, Delicious, Orkit and many others. "We are excited about signing the final contract with Linked Media Group, enabling Linked Media Group to move into the high growth Social Media market with their own Intellectual Property, which in turn generates licensing fees for us moving forward."
"Advertisers are shifting their budgets from traditional advertising -- i.e. Print, TV, and Direct Mail -- to Online and Social Media Advertising," stated Lee Traupel, CEO of Linked Media Group, Inc. "The Social Media Advertising Market is experiencing tremendous growth, projected to be a $3.11 Billion market by 2014, growing from $716M in 2009. Our new Twitter Marketing Platform enables us to penetrate the high growth Twitter and Social Media Markets and shift from just a pure play Services Company to having our own proprietary Software as a Service ('SaaS') Technology Platform for licensing, reoccurring monthly/annual subscription fees and using internally to provide customized services for clients."
Published August 27, 2009 Reads 1,209
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More Stories By Salvatore Genovese
Salvatore Genovese is a Cloud Computing consultant and an i-technology blogger based in Rome, Italy. He occasionally blogs about SOA, start-ups, mergers and acquisitions, open source and bleeding-edge technologies, companies, and personalities. Sal can be reached at hamilton(at)sys-con.com.
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