The Software Report has announced the Top 5 Collaboration Software Companies. Technology has had a tremendous impact on how businesses work in the current period, and the enterprises reflect that. Slack, Zoom, Grammarly, and other collaboration platforms have become ubiquitous among those working in fast-paced industries, particularly in the technology industry. The adoption of these platform technologies has risen with the rise of remote working and distributed labor forces around the world.
The top 5 collaboration software businesses are shown below:
Slack Technologies, Inc
Slack’s business communications solution makes use of Internet Relay Chat (IRC) programs to keep team members in touch via topic-based chat rooms or private messaging. Slack Connect, a business-to-business tool that helps organizations to interact more efficiently, was launched last year by the company. This broadens their services beyond being solely an internal chat tool, allowing them to build external services that can connect organizations while keeping all data and messages private.
Slack has announced a multi-year partnership with Amazon WorkSpace (AWS), in which AWS chose Slack for their corporate communications and will develop new services to help the chat giant grow in size and capabilities. Slack went public in April 2019, and its stock soared to a price of $21 billion.
Zoom offers videoconferencing and online chat services for business, education, and entertainment – especially in the event of a global epidemic. Since stay-at-home orders began to be given around the world, the cloud-based peer-to-peer software platform has exploded in popularity. It provided a quick and straightforward option for many firms to migrate to remote working while still allowing employees to engage in face-to-face meetings, albeit digitally. It provided a method to communicate with pals in a socially distant world for millions of people who were cooped up at home.
Mike Cannon-Brookes and Scott Farquhar, two university students, turned their hustle and passion to improve their software game into a multi-billion-dollar corporation, Atlassian, in just a few years. Jira, the result of their labor, is full-featured project management, bug tracking, and IT management platform. The Confluence team management platform enables company-wide collaboration and knowledge distribution in wiki format, resulting in an easily searchable information repository that’s already connected with Jira’s systems and supported by an early but still extensively used set of cloud products.
Atlassian is already in use by over 160,000 firms, including Carfax and Domino’s Pizza. With yearly revenue hitting the billion-dollar threshold in 2019, the company has solidified its place in the upper echelons of the software sector.
Grammarly’s purpose is to help people communicate better. Every day, 30 million users and 30,000 teams use the company’s AI-powered writing helper to help them write more simply and efficiently. Grammarly’s product offerings help people and businesses of all sizes connect and prosper all across the world, from students to professionals to enterprise workplace teams.
Grammarly, one of the most well-known unicorn brands in the world, creates products that address real-life communication and business difficulties, enabling people and teams to achieve their objectives. Grammarly’s writing assistant gives real-time suggestions across various dimensions of communication, including accuracy, clarity, engagement, and delivery, because effective communication involves more than just acceptable spelling and grammar.
OutSystems offers a low-code platform for building enterprise mobile and online apps. These applications can be deployed on-premises, in the cloud, or as a hybrid of the two. Low-code is gaining popularity because it provides an obvious choice for developers to create applications with simple drag-and-drop interfaces.
The company, which employs little over 1,200 people, has announced its intention to transform “up to 20 concepts focused on helping solve a worldwide problem” into reality. Free access to their tools for the duration of the epidemic, as well as full-time support from their Community Team Advocates, who work to coach and enable development teams as they transform their solutions into reality, are included in project support.