Update: Threadsy is offering Tech Startups readers access to the private beta – get your access on! Thanks @dskendall.

The story here really is theory vs. utility. Wave is a tool that comes from a part of Google dedicated to R&D and future earnings, Google Labs.

Threadsy comes from a startup with an agenda like making money in the short term with its software.

Both applications are ambitious in trying to solve a couple of problems at once.

Centralize tools that we use to communicate

Online communication tools are decentralized because most of them are products of individual need. They are solutions to problems that certain users were having with other ways of communicating. It wasn’t a lack of vision that caused this. It was market demand. The same demand that is making it necessary to begin to centralize these tools.

Twitter, Facebook and email are the dominant players right now. Sure I know email isn’t really a player but it is a mode of communication that is decentralized. It is really a collective of the GMail, HotMail and Yahoo!

This new aggregation of the communication modes makes it easier for end users to locate conversations and friends across networks. Think of it as that nebulous space between AT&T and Verizon where there networks connect. The difference in this case is that Wave and Threadsy are destinations where these connections are made.

Organizing the diaspora of personal brand

Users of the social media tools that are integrated into Wave and Threadsy have worked countless hours building a brands on varying sites. By combining the communication mechanisms they essentially combine a users online brand by centralizing a the users identity.

A users communication styles do vary based on the tool they are using but when centralized into one application it forces users to organize their collective into a single brand. It is a necessity of using the tool, Wave or Threadsy.

At this stage of Google Wave vs. Threadsy, I’m placing my bet on Threadsy to produce a tool that quicker than Google that will meet market need simply based on utility.

Google has a long way to go with the theory of Wave, especially on the front-end if they choose to compete in this space. I would assume that they will continue down a path to make Wave the platform that powers other real-time applications like Pulse from Novell.

DISCLOSURE OF MATERIAL CONNECTION: http://cmp.ly/0

Google Wave vs. Threadsy is a post from: TechStartups.com