Is enterprise social networking, the so-called Facebook-like model at work, starting to take off as well or is it still in its infancy?

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For other industries, the demands on IT are no less burdensome when it comes to information security, scalability and integration, and bringing enterprise-class trust to consumer social networking sites.

FORBES: The Social Enterprise Is Here

Sales of strategic services - including Terremark cloud services, security and IT solutions, and strategic networking - increased 17.8 percent compared with second-quarter 2010 and now represent approximately 48 percent of global enterprise revenues.

ENGADGET: Verizon, AT&T celebrate subscriber growth, new features rolled out in Q2

Over the last two years, enterprise social networking tools have made great strides as companies look to enable more cross-departmental, cross-geographic collaboration.

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Some reports even suggest that as much as 90% of enterprise social networking projects either falter or die on the vine within the first 3-6 months.

FORBES: Enterprise 2.0: Why All Business Software Must Go Social

"The acquisition of Meraki enables Cisco to make simple, secure, cloud managed networks available to our global customer base of mid-sized businesses and enterprises, " Rob Soderbery, senior vice president, Cisco Enterprise Networking Group said in a statement.

BBC: Cisco to buy US cloud computing firm Meraki for $1.2bn