Entrepreneur team says, “Facebook Inc. launched a workplace version of its mobile app and website on Monday, marking the social networking company’s first foray into the hotly competitive and crowded enterprise software arena.

The product, called Workplace by Facebook, has been in testing for more than a year and is now available to all businesses. It is designed for workplace communication and collaboration, putting Facebook in direct competition with the fast-growing startup Slack.

Workplace is a subscription product — a departure for advertising-driven Facebook — with businesses paying $1 to $3 per user. Slack’s least expensive business plan charges about $7 per user.

Slack did not respond to a request for comment”.

‘Facebook Takes on Slack With Launch of Business Software

Entrepreneur

Sharing is caring