Wednesday, July 10, 2019

Microsoft might crush Slack like Facebook crushed Snapchat | Recode

Check the full post for some stark Slack snapshots
"Slack’s market share among the world’s largest companies is mostly flat, adoption rates are declining, and a bigger portion of these companies indicate they plan on leaving the service, according to a new survey by market research firm ETR, which asks chief information officers and other leaders at the world’s biggest organizations* where they plan to spend their company’s tech budget.

Meanwhile, Teams is seeing increased market share, relatively higher adoption rates, and low rates of defection, according to the data.

Aside from potentially upsetting Slack’s high-flying, newly public stock, the situation points to a larger issue of innovation in the tech industry, which is increasingly dominated by only a few juggernauts. Politicians, including Sen. Elizabeth Warren (D-MA), have criticized the companies for creating what’s known as “kill zones,” where they either acquire or kill all their competitors. The result is that the best ideas and products are concentrated within existing large tech companies, further entrenching their dominance and potentially stifling future innovation." 
Microsoft might crush Slack like Facebook crushed Snapchat | Recode

No comments: