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 >>>