Feb 07, 2020 (Analyticawire) -- Collaboration Market is up for grabs!
Over the last few years this arena which not long ago was the monopoly of few players like Slack, Microsoft Teams, has seen the entrance of giant, medium and small enterprises and vying for their place with innovative ideas and technological solutions. Since its inception in 2013 Slack has redefined the rules of business messaging. The game of one-up-man-ship has given rise to self-hosted Slack alternatives rightfully reaching out to the user community.
According to a report published by MarketsandMarkets, the enterprise collaboration market is projected to grow at a compounded growth rate of 9.2%. By 2024 the market size is expected to reach a staggering $48.1 billion.
The enterprise collaboration market owes its healthy growth to the rise in mobile devices and networking websites usage. The phenomenal spurt in usage and popularity of social networking platforms has revved up cross-department collaboration. With BYOD - Bring Your Own Device- and Voice Over Internet Protocol becoming a norm in the IT and allied organizations, more smart solutions are required to secure and manage multiple devices. This in turn will call for higher investments towards designing and implementing these solutions.
The concept of on-premise hardware and software infrastructure has taken a walk out of the window into the Cloud. A host of software capabilities, middleware, data, and applications are being increasingly developed, used, stored and retrieved from the cloud. While this proved to be a big blessing it was not without its downside too. Security has become a major issue as more and more cases of data breaches surfaced. The mother of necessity played its part in the unveiling of self-hosted chat servers.
The flood gates for the self-hosting option opened with business chat apps flooding the collaboration market. From mega-tech companies to emerging market darlings like Troop Messenger, several entities are making their presence felt in the collaboration market strongly. The robust and heightened security threshold makes Troop Messenger a to-go app for many large enterprises and government and has firmly placed it as a great self-hosted Slack alternative.
Troop Messenger, a rare and user-friendly office chat app as it addresses modern business needs and necessities by being offered both as a SaaS as well as a self-hosted app. Unlike most competitors, Troop Messenger can be downloaded and hosted on private servers. This ensures the chat logs and all sensitive data pertaining to users are "safe" with the user - in their private and internal infrastructure.
Troop Messenger (Self-Hosted model) is a favorite among Defense and some other Government agencies where they operate in a private cloud (not requiring them to have internet).
Troop Messenger's ‘Burnout’ allows a user to chat with another user which gets automatically deleted after a fixed time. User authentication through fingerprint and password makes Troop Messenger a versatile chat app with a high accent on security.
To ensure a 360-degree communication with all the stakeholders of the entity, users of Troop Messenger have the option of inviting and adding non-employees like vendors and customers for seamless collaboration.
Several other features like Live Location Tracking allow users to share their real-time location with the participants of an individual chat for a specific amount of time. This feature truly provides real-time communication with field staff as well as enables managers to keep a tab on the movement of the staff. Or consider its Forkout feature which allows the user to send a text message to multiple individual participants or to multiple groups, at a single point of time. Troop Messenger is AI-driven as is evidenced by features like predetermined and frequently used responses.
Users of Troop Messengers are ensured of privacy, compliance and secrecy and a very high degree of flexibility and control. With data firmly in their control, the risk of downtime of Troop Messenger is literally zero- a great bonus in the severely competitive collaboration market.
Self-hosted servers provide a great solution to the vexatious problem of data security. Spearheaded by Slack self-hosting has become the rage as more and more enterprises shied away from using third-party platforms and adapted the self-hosting model. Government departments and big corporations thought it wise to move their sensitive data to a more controlled and restricted option of self-hosted servers.
According to Verified Market Research, the global application hosting market was valued at USD 43.87 Billion in 2018 and is projected to reach USD 108.69 Billion by 2026, growing at a CAGR of 12% from 2019 to 2026.
Buoyed by the impetus from the discerning customers- both big corporations and governments- Troop Messenger is on the move towards emerging as a major player in this multi-billion dollar market. Look out for its hockey-stick growth graph in the ensuing months.
I am not a winner winner chicken dinner type.
First things first, Slack is a commercial choice for businesses while Discord is for the gaming community.
And we cannot compare fish with a bird.
Comparing software belonging to different genres is akin to comparing a baseball player with a tennis player – both are players for sure, but the similarity ends there.
I have hands-on experience in both the domains but I am no gamer.
I cannot play Pubg for hours sitting happily on the couch.Luckily, my friends and colleagues at work feel like they are living while they are just playing the games on mobile.
