Last week, Slack announced it had reached a deal with Atlassian to acquire its Slack competitors Hipchat and Stride. First, it's important to note that as a part of this deal Atlassian made a small equity investment in Slack as well. Imagine being so far ahead with your business that your competitor sold you their IP and also makes an investment.
While it certainly didn't generate the headlines of the Slack / Atlassian deal, Facebook acquired Redkix as it looks to take on Slack, Microsoft, and Google in the battle for workplace integration.
Speaking of Google, they announced a new set of features including smart replies to both email and chat as well as grammar suggestions across all of their MS Office competitors. All of this on the heels of Microsoft making a version of Teams free even to those without an Office 365 account.
What does all of this activity mean in the context of our daily work lives:
Why does it matter:
Three trends worth monitoring:
One thing is almost certain, this space won't begin to slow down anytime soon. Engaging and making employees more efficient is going to be big business.
Employees have more information and choices than ever, the best talent will go where they are valued more on their impact than email output. On the other side of the coin, organizational efficiency drives the bottom line which is obviously a decision criteria for any company looking to onboard new software.