VENDORiQ: Salesforce buying Slack
2 Dec 2020: Salesforce Signs Definitive Agreement to Acquire Slack. The forthcoming merger of Salesforce and Slack provides an avenue for a new operating system of how e-commerce organisations and companies grow and succeed in the digital space. The merger is anticipated to close in the second quarter of Salesforce’s fiscal year 2022.
Why it’s Important
Salesforce has struggled to shore up offerings in the collaborative side of the business, which will evolve to be an important part of modern CRMs and ERPs, along with low code dev and integration for process automation and business intelligence tools for analytics. The planning acquisition of Slack rounds out Salesforce’s ‘magic four’ components of a modern digital workplace.
The Slack acquisition aims at heading off increasingly strong competition from Microsoft’s Dynamics, the Power Platform, Power BI, and Teams.
Consider your future digital workplace architecture based on these five high-level platforms:
- A platform consisting of central systems of record (e.g., CRM, ERP, etc.) in the Cloud or Cloud-like environments
- An integration platform that surrounds the mentioned platforms
- A one (or likely two) low-code platform(s)
- A platform that provides the needed collaboration tools
- A federated information management platform
Though these five platforms need not all come from the same vendor, nor even be made up of a single vendor’s solutions, Microsoft, Salesforce, and little-known Zoho are all vying for the entire set. The competition for the overall ‘Enterprise Digital DNA’ will heat up significantly through to 2025.
IBRS expects Salesforce and possibly Microsoft to make new investments in information management platforms from 2021 to 2022. There will be rapid expansion, followed by feverish consolidation of the low code platform market.
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