Question

Conduct a five forces analysis of Slack Technologies + analysis of the industry

Answer 1

Porters 5 forces analysis for slack technologies

​​​​​​The Porter Five Forces model is a program for evaluating the competitiveness of an organisation. It draws on the economics of the industrial organisation to derive five forces which determine the competitive intensity and therefore the attractiveness of the industry in terms of its profitability.

About

Slack Technologies, Inc. is an American international software corporation, founded in Vancouver , British Columbia, Canada in 2009.

1.Forces That Shape Competition

THREAT OF ENTRY

Introduce additional entrants to a market
New capacity and a desire to capture market share that puts pressure on prices, costs and the pace of investment that is required to compete. Especially when new entrants diversify from other markets, they can leverage existing capabilities and cash flow to shake up competition,

limited operating history, which makes it difficult to forecast our revenue

rapid growth in recent periods and our recent growth rates may not be indicative of future growth.

The market and software categories in which participate are competitive, new, and rapidly changing, and if do not compete effectively with established companies as well as new market entrants business, results of operations, and financial condition could be harmed.

Bargaining Power of Suppliers

Potential customers may also prefer to purchase from their existing suppliers rather than a new supplier regardless of product performance or features.

activities in the United States subject to various laws relating to foreign investment and the export of certain technologies, and our failure to comply with these laws or adequately monitor the compliance of suppliers

The G-Cloud framework is an agreement between the government of the United Kingdom and suppliers who provide cloud-based services to U.K. public sector organizations.

Bargaining power of buyers

Technological change and increased globalization continually create new opportunities and threats, but they also accelerate second-order change in customer needs, competitors’ behavior, and overall macroeconomic conditions.

Slack makes existing software more useful and accessible

Slack drives increased organizational agility

Threat of substitute

Slack is positioned extremely well to benefit from the explosive proliferation of software into every aspect of business and the increased pace of disruption driven by technological change.

These challenges compound the disruptive threats companies face in increasingly dynamic environments. Technological change and increased globalization continually create new opportunities and threats, but they also accelerate second-order change in customer needs, competitors’ behavior, and overall macroeconomic conditions

Rivalry among existing competitors

market and the number of competitors in it is rapidly evolving, estimates for the size of this market may not be reflective of the actual size of the market.

Expand our user base through continuous enhancements to Slack

Grow the number of organizations on Slack and increase our paid customers

Grow application platform and developer ecosystem

Leverage artificial intelligence, machine learning and advanced search