Social media platforms enable businesses and organizations to engage with many people. A custom social network service helps in connecting with like-minded individuals even more effectively. Personalized social media is a great platform for individuals, and business enterprises to connect with people in their private circle. Both BuddyPress and SocialEngine are a great platform to help businesses and individuals in building their private social communities to share thoughts, posts, ideas similar to a social networking site but in a more versatile manner. You can customize your own profile as well as personalize the whole community network that you build.
Read the interesting post "Differences Between BuddyPress & SocialEngine Based on Key Features" at the source.