IBM has announced that it has been ranked by IDC number one in worldwide market share for enterprise social software.

A release from the company said that, according to IDC's analysis of 2011 revenue, IBM grew faster than its competitors and nearly two times faster than the overall market which grew approximately 40 per cent.

According to IDC, the enterprise social platforms market is expected to reach $4.5 billion by 2016, representing growth of 43 per cent over the next four years.

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