Sharepoint is Magical....Create Generic Enterprise application in few minutes

Now that You have either sharepoint 2010 or 2007 versions on your desktop or laptop or in your virtual machine........you must be wondering what all business and enterprises must be doing after investing in sharepoint.........They create a lot many type of applications in few minutes make it operational and start collaborating effectively and efficiently.....How?.....Answer is Sharepoint ready to use site templates....
Sharepoint 2007 has fantastic 40 templates for various purposes. they are available for download from Microsoft free and even are applicable for wss 3.0.Without installing these templates which are more for generic requirements in business and industry like "request for proposal site" and "board of directors site","classroom management site","equity research site".But even if you do not wish to download and install these templates whenever you install and configure sharepoint 2007 or 2010 you get basic ready to use site templates thus you create site  with minimum basic and standard functionality in minutes.So the basic templates available in wss 3.0 if you have moss you get more templates on top of wss 3.0 or moss 2007 you can install application templates with 40 more .So you might be wondering how to create site from this template in minutes that will be my next post and also I will post table with purpose of each template.The concept of site template still exist in Sharepoint 2010 thank god but unfortunately there is no one to one mapping between new templates and old and still fantastic 40 application templates are not available for SP2010 hope some body does it.I would have resources,time and budget I would take it up as a project..but these days i am busy with post migration testing and issue fixing from MOSS 2007 to Sharepoint 2010.

Finally I would like to dedicate this post to Ratanji Tata ,who delivered low cost leadership in car segment and inspires me to think big and innovate