Natasha Netschay Davies had an interesting article about Wiki software about a week ago in The Globe and Mail.  In case you do not know what a wiki is, then nothing like checking out the definition on wikipedia, one of the most popular wikis in the web.  Wikis represent the latest innovation in the collaboration space - think of them as sandboxes where multiple users can jointly develop web content, without the need of programming skills.

Wikis can really cut down a lot of time on the development of product specifications, market requirement documents, and other projects that normally end up getting bogged down by multiple revisions by various people across an enterprise.  Moreover, wikis create a good environment for "group think" and instills a sense of community: the willingness to contribute to a collaborative effort increases substantially.

The article also talks about Socialtext, a Palo Alto (CA) start-up that successfully commercialized the wiki concept.  Hopefully we will see a lot more - this technology is one to watch in the upcoming years and will dramatically impact the collaboration space.