In 2007, we also witnessed a new pragmatism as the Web 2.0 hype began to die down, the success stories emerged, and the non-so-successful continued to inform the industry with the lessons needed to navigate the rocky shoals of product development on the Web today. We also began to see Enterprise 2.0 make real penetration in business as well as social networking finally get some corporate respect and validation as a functional business tool that can bring tangible benefits to the workplace.