Categories: NewsTechnology

Facebook And Microsoft Aim To Compete With Slack

For quite some time now, freelancers and project groups have relied on online platforms to communicate and delegate. Slack is the clear market leader in this industry, as their service is convenient, free, and cross-device compatible. But it looks like new competitors will pop up sooner rather than later, as Microsoft and Facebook are on the verge of launching their own similar services.

Competition Is On The Horizon For Slack

Everyone in the world will have heard about Slack by now, regardless of whether they access the platform or not. With a valuation close to US$4bn, the platform is one of Silicon Valley’s most prominent incumbents. Such a success cannot go by unnoticed, and competition in the online collaboration platforms industry is bound to heat up soon.

Microsoft is starting to make some waves with their new “teams” service, which aims to promote online collaboration and communication. Facebook, on the other hand, made their Workplace by Facebook available to the world a month prior. Both of these offerings aim to take the fight to Slack directly and give consumers more choice as to which platform they want to use.

Thankfully, it appears that Slack was not caught off guard by these announcements. In fact, the company partnered with IBM to make use of its Watson AI services moving forward. For now it remains a bit unclear as to how this integration would work or what Slack users will be able to do with it.



Related Post

Combining social messaging (somewhat similar to IRC conversations) with dedicated chat rooms for discussions and collaboration is an innovative idea. For Slack, it has paid off quite well, as millions of people use their platform on a weekly basis. There are no unnecessary bells and whistles; just sign up with an email address, a password, and you are ready to go.

But there’s more to this platform than meets the eye. Through several API integrations, it has become easier to share different types of content with other Slack users. Google Docs, Tweets, and even SalesForce information can be imported directly into the platform, which makes for an unprecedented user experience.

It will be interesting to see how Facebook and Microsoft plan to take the fight to Slack. While both of those companies have big brand names, they are a bit late to the party. Moreover, it remains to be seen if either company can offer functionalities or integrations which Slack does not have right now.

If you liked this article, follow us on Twitter @themerklenews and make sure to subscribe to our newsletter to receive the latest bitcoin, cryptocurrency, and technology news.

JP Buntinx

JP Buntinx is a FinTech and Bitcoin enthusiast living in Belgium. His passion for finance and technology made him one of the world's leading freelance Bitcoin writers, and he aims to achieve the same level of respect in the FinTech sector.

Share
Published by
JP Buntinx

Recent Posts

Bitcoin Crashes Below $67,000 as $700 Million Wiped From Crypto Market in Hours

Bitcoin is bleeding. The world's largest cryptocurrency plunged to $66,997 on Tuesday, shedding over $6,750…

2 hours ago

Ripple’s RLUSD Goes Live in Türkiye, Hits $1.7 Billion Market Cap

Ripple is not pausing for breath. The company has brought its dollar-pegged stablecoin, $RLUSD, to…

6 hours ago

Bitwise Launches Its First Tokenized Fund With $259M in Assets and 4% Annual Yield

Bitwise Asset Management has just made its first move into tokenized funds, and it comes…

1 day ago

Binance Launches US Stocks and ETFs Trading for Non-US Users With Zero Commission

Binance just made a move that blurs the line between crypto exchange and traditional brokerage…

1 day ago

NEAR Protocol Ships Confidential Payments, Crosses $19B in Intents Volume, and Partners With Bermuda Government

NEAR Protocol has had a month that most blockchain projects would stretch across an entire…

2 days ago

Chainlink Records 7 New Integrations Across 6 Services and 4 Chains

Something is becoming increasingly clear about Chainlink, the integrations are not slowing down. The protocol…

2 days ago