Execs and Web 2.0

McKinsey reports that

Top corporate executives are ramping up their investments in web 2.0... A survey of 2,847 executives around the world found that if they had the chance to do it over again, 42 percent of respondents said they would have invested more in web 2.0 services over the past five years and 24 percent would have invested sooner.

The survey also found that 46 percent of “early adopter” companies and 44 percent of “fast follower” companies reported that their web spending paid off faster and/or beyond expectations. Snippet from Red Herring's Execs Heart Web 2.0.