Social Computing is the process that provides an increased rate of speed of the access to knowledge. Besides it also provides a wide range of knowledge through the interaction with multiple users. It computing offers a great range of communication among all the users by connecting them together and thus reduce the cost of the communication to a great extent. This process of Social Computing increases the efficiency of the users and thus increases the speed of the access to the experts. By this process, a better performance and a greater efficiency is achieved by the users.
Social Computing helps to reduce the travel cost as this process is related to the online process mostly which helps to reduce the needs of labor and travel cost. As the overall performance and the quality of the performance increases, the Social Computing process also contributes to the increase of the employee satisfaction.
The operation cost of the overall program including the labor and travel cost is decreased due to this process. This process also helps to reduce the time needs to be involved to the market. Social Computing increases the economic revenue and also helps to make a huge amount of profit than the others traditional innovations. The involvements and amount of the successful innovations are quite larger in this process of Social Computing method. Lower product development costs and lower marketing costs are also the major benefits of the Social Computing process. Social Computing process also helps to lower the research costs of the whole program.
Social Computing helps the organizations in many ways like sharing the knowledge among the different users, keeping them up to date about different knowledge and experiences, reducing the interruptions and finding the experts for different purposes and connecting them accordingly.
Also read Knowledge Management in Social Computing