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Slack: The Most Successful Online Collaboration App Ever, Valued at $1.2 Billion

by Fahad Saleem

Slack: The Most Successful Online Collaboration App Ever, Valued at $1.2 Billion

Slack is a marvelous workplace app that has thrilled the world of online team collaborations. It is used for communication within an office environment. It is by far the fastest growing app ever. It boasts half a million daily users who send around 300 million messages per month from this platform. The daily active user count of the app has increased 35% since the start of the year. The revenues are sky high, touch 12 Million annually.

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Slack is currently valued at over $1 Billion after $120 Million funding in last October. The aim of the app is to kill the dull and boring system of communication with emails within an office. Stewart Butterfield, CEO and co-founder of Slack stated that messaging has become one of the fundamentals requirements of the businesses. Slack provides internal transparency and transforms your communication into powerful shared resource.

The claim of Slack being the fastest growing app, is proved in an analysis done by Tomasz Tunguz.  He is a partner at Redpoint Ventures who has a close eye on corporate software space. The extent of success of Slack can be easily guessed from the fact that other tech giants are also making their presence confirm at workplace. Facebook introduced “Facebook at Work” as a revamped version of the social media aimed at increasing office productivity. Amazon has also introduced a latest cloud-based email solution for business environments.

The statistics show that average Slack users are connected to the service for more than nine hours a day. At least two of these hours are counted as active periods for communicating with the colleagues.

Features of Slack App

Slack provides extremely simple and user-friendly chatting interface. It also gives businesses a platform for uploading and putting comments on posts and files. It also integrates well with a wide range of productivity apps such as Trello and Google Drive.

You can create open channels for the groups, projects, and topics shared by whole team. The channels provide knowledge and information in your hands. Searching across the history is available throughout the channels.

The channels include files, messages, comments, inline images & video, rich link summaries and integration with the cloud-based services.

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Slack can search whole conversations instead of just searching within a single piece of text. You will easily find your desired text whoever said at any time in conversation.

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Slack also provides auto-complete feature that means that you can write fluently with speed. You can configure notifications for desktop, mobile push and emails for keeping you informed all the time.

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Slack has also provided apps for Android and iPhone users so that business people can easily enhance their productivity by using Slack on their smartphones for free.

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Slack is the perfect solution that helps organizations boost productivity.  It has raised a fortune within no time and odds are that it will grow into the most successful app and startup of 2015.

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