Remember Google Wave? Clearly, Google Buzz has recently overshadowed Google’s other hotly anticipated social communication platform, but before you ditch your Wave account, give it a second try. There are many useful business applications for Wave, especially in situations that call for collaboration with a group or managing a project. Wave can easily allow users to dispense with the formalities (and expenses) of meetings, phone calls, travel, etc. and instead make it easy to collaborate across time and space.

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