The company closed the day with a valuation of $16 billion. The company went public in 2019, with its share price increasing over 70% on the first day of trading. For millions of users quarantined at home, it offered a way to connect with friends in a socially distant world. For many companies, it provided a quick and easy way to transition to remote working and still enable employees to participate in face-to-face meetings, albeit virtually. The cloud-based peer-to-peer software platform has rocketed in popularity since stay-at-home orders were issued across the globe. Zoom provides videotelephony and online chat services for business, education, and leisure – especially in times of a global pandemic. In 2019, the company finally cemented its status in the upper echelons of the software industry with annual revenue surpassing the billion-dollar mark. The Confluence team management platform allows for company-wide collaboration and dissemination of knowledge in wiki form, providing an easily-searchable information repository that’s already integrated with Jira’s systems and supported with an early yet still widely used array of cloud products.Ītlassian is already used by over 160,000 organizations, including companies as diverse as Carfax and Domino’s Pizza. The fruits of their labor, Jira, is a complete project management, bug tracking, and all-around IT management platform. In only a few short years, university students Mike Cannon-Brookes and Scott Farquhar turned their hustle and their drive to up their software game into a multi-billion-dollar company, Australian software titan Atlassian. ![]() Slack went public in April 2019, when its shares rocketed to a $21 billion valuation. Slack recently partnered with Amazon Work Space (AWS) in a multi-year agreement, in which AWS chose to adopt Slack for their business communications and will develop new services to enable the chat giant to increase its size and capabilities. Slack’s major competitor is Microsoft Teams, and both companies saw a steep rise in use while more people started working from home to avoid exposure to COVID-19. This expands their offerings from being primarily an internal chat tool to establishing external services that can link companies while keeping all data and missives secure. In late June, the company rolled out a new feature called Slack Connect, a business-to-business capability that allows companies to communicate more efficiently. Slack’s business communications system uses Internet Relay Chat (IRC) applications for team members to stay in touch via chat rooms organized by topic, or private messaging. Please join us in recognizing The Top 25 Collaboration Software Companies of 2021. Further research was done into company evolution and subsequent track records in building long-term sustainable organizations. In particular, our focus was on which companies have the most advanced collaboration tools, while also being supported by the strongest customer success teams. This year’s awardees were selected based on a comprehensive nomination process, where industry professionals were asked to provide their views in substantive commentary. ![]() When culture, cooperation, and communication have become even more critical, these companies have stepped in to assist teams in sharing information and achieving project milestones. The adoption of these platform technologies has only quickened with the rising wave of remote working and distributed labor forces across the globe. From Slack to Zoom to Airtable and others, collaboration tools have become ubiquitous among those working in fast-moving sectors-particularly across the technology industry. ![]() The companies represent those technologies which have profoundly impacted the way organizations work in the modern era. The Software Report is pleased to announce The Top 25 Collaboration Software Companies of 2021.
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