Get All Access for $5/mo

'Facebook at Work' Is Finally Launching After a year of testing, Facebook's professional version of its social network is expected to launch in the coming months.

By Reuters

This story originally appeared on Reuters

Pixabay

Facebook at Work, Facebook Inc's professional version of its social network, is expected to launch in the coming months, after spending a year in tests, a company executive said.

The new service, geared towards workplace collaboration, is nearly identical to its ubiquitous social network, with a scrolling news "feed", "likes" and a chat service.

"I would say 95 percent of what we developed for Facebook is also adopted for Facebook at Work," Julien Codorniou, director of global platform partnerships at Facebook, told Reuters.

However, Facebook at Work users will maintain special profiles that are distinct from their existing Facebook profiles.

The company is also developing exclusive products for Facebook at Work, including security tools, Codorniou said.

Facebook started beta-testing the service in January and has kept it as a free, "invite-only" service for companies so far.

The service will be open to all companies once launched and Facebook plans to charge "a few dollars per month per user" for premium services such as analytics and customer support, a company spokeswoman said.

The online career market, which includes LinkedIn Corp (LNKD.N) and Monster Worldwide Inc (MWW.N), is worth about $6 billion a year, market research firm IDC had said in August.

More than 300 companies, including Heineken, Royal Bank of Scotland and jewelry company Stella and Dot, are using Facebook at Work and Club Mediterranee SA is set to be the latest adopter.

The French resort company will offer the service to all its 13,000 employees through summer 2016, Anne Browaeys-Level, Club Mediterranee's chief marketing & digital officer, told Reuters.

Facebook's Codorniou said almost everything on Facebook at Work is the same as the regular Facebook social network, with some minor exceptions.

"You cannot play Candy Crush on Facebook at Work."

(Reporting by Anya George Tharakan in Bengaluru; Editing by Savio D'Souza)

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Editor's Pick

Fundraising

Working Remote? These Are the Biggest Dos and Don'ts of Video Conferencing

As more and more businesses go remote, these are ways to be more effective and efficient on conference calls.

Growing a Business

The Best Way to Run a Business Meeting

All too often, meetings run longer than they should and fail to keep attendees engaged. Here's how to run a meeting the right way.

Starting a Business

How to Find the Right Programmers: A Brief Guideline for Startup Founders

For startup founders under a plethora of challenges like timing, investors and changing market demand, it is extremely hard to hire programmers who can deliver.

Business Ideas

63 Small Business Ideas to Start in 2024

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2024.

Growing a Business

You Need an Advisory Team More Than Ever. Here's Why — and How to Run One Effectively.

The right advice, particularly in a company's early stages, can be an existential matter: how to surround yourself with the right minds.

Growing a Business

You'll Never Satisfy Your Customers — or Grow Your Business — Without Doing These 3 Things

Customer feedback can be used to drive sustainable growth. Here are three approaches to how you can move past measurement to drive improvement and ultimately grow your business.