General World News

Microsoft built a wall around its customers that could stop Slack’s growth in its tracks (WORK, MSFT)

Stewart Butterfield

  • Slack’s growth prospects in a critical market will face an imposing wall erected by Microsoft, according to a report by Wedbush securities.
  • Microsoft Teams, a competing product to Slack, is available free to business customers of Microsoft Office 365. That will keep many Microsoft enterprise customers from moving to Slack, according to the report.
  • Large enterprise customers are especially important to Slack’s future revenue potential.
  • “The Slack solution is impressive and represents a strong growth opportunity, however we believe penetrating this next phase of enterprises will be incrementally more difficult as the Microsoft/Teams value proposition presents a major competitive hurdle going read more >>>

    Source:: BusinessInsider.Com