Saba Software (news, site), a California-based software company, won the 2011 Launch Pad Program competition with a live text-to-vote by the Enterprise 2.0 conference attendees.

Saba Software is a cloud-functioning software program that combines learning, performance and collaboration technologies in software modules that function on a common-people platform. Saba says companies that use the talent management strategies benefit from a 15-20% increase in revenue.

The four finalists for this year’s Launch Pad Program presented a three-minute pitch on the conference keynote stage to present their new social tool as the next best thing in Enterprise 2.0. The Launch Pad Program invites startups and established social businesses to share their latest innovations for social business.

The other three finalists included Acquia’s Commons, an open-source software company that provides integrative support for Drupal; Next Principles, which integrates user information and updates from Social Media platforms into consumer profiles in CRM and Podio which provides customizable applications with online messaging, task, reporting, workflow and contact management.

Here's are each of the companies pitching their solutions and describing the future of Enterprise 2.0:

Original submissions were pitched via Twitter in mid-March. The top seven semifinalists were then selected to post a short video to the Launch Pad website by the end of April, and the Enterprise 2.0 jury selected the final four on May 24. Enterprise 2.0 community members voted the final four to the stage, and the conference crowd selected the finalist.

Here's Milind Pansare, Senior Director Social Cloud Applications at Saba discussing the win: