Tuesday, November 18, 2014

Facebook at Work?

Google and Facebook are now focusing to grab the attention of the world’s office workers. Workers in America and across the globe utilize an array of products for their day to day needs. Tools for email like Outlook, Lotus Notes, etc. and Microsoft Office are considered default tools for every individual. Lately there has been an inclusion to these “default” tools by services like group chat, internal social networks and shared online document editing.

During my time at JP Morgan & BNY Mellon, I was exposed to group chat client from Microsoft called Lync. Pretty much everyone in the firm used that as a de-facto tool to talk with anyone else in the firm. Companies have also started setting up internal social media platforms similar to bulletin boards in order to encourage communication between company employees sitting in different part of the globe. At JP Morgan, the bulletin boards were used to come up with ideas for the Hackathon, new tools in order to increase employee productivity, educate employees on various corporate policies and many additional uses. Companies use tool called Microsoft SharePoint in order to enable online document editing. As noted in all the examples above, these tools are supplied by Microsoft. Google has been trying for years to break the grip of Microsoft from corporate America. Now it has a partner with the same motive in Facebook.

This week Facebook announced its ambition to create a version of its social network specifically focused for the office. Facebook is entering the territory which is highly dominant by Microsoft and where even Google has had trouble making its presence known. Google’s sole motive when it launched Gmail was to enter the market which was at the time dominated by Hotmail and Yahoo Mail. Once Gmail was chosen as the de-facto email client for individuals, it set sight to be the de-facto email client for white-collar workers. Unfortunately even to this day, Microsoft Outlook still is reigning champion among office workers. Google also launched its own version of cloud-based equivalent to Microsoft Office suite of software tools. Yet just like Outlook, Office still reigns supreme.

The spread of mobile devices is forcing deeper changes, particularly in the way groups of workers communicate and share information. Microsoft’s decision to reverse course this month and make Office free on Apple devices may not be enough to give it the foothold in mobile it needs. As the pressure on workers mounts, the many tools for creating, storing, sharing and collaborating are starting to converge. Start-ups like Slack, whose service is used by groups of workers to communicate and share information from different sources, are becoming increasingly popular. Currently for my senior design project, I recommended to my team to use Slack and it has been a wonderful experience so far. With the available integration to source hosting tools like BitBucket & Github as well as with project management tool like Trello, Slack is a powerful tool at least for software development teams.

Facebook will face other challenges as it looks to break into the world of work. The security aspect of Wall Street customers, strict rules about data privacy and data integration with companies’ existing IT systems will all impose a heavy burden. But it is hard to argue with demographics. A generation that started using social media networks and mobile messaging apps, rather than the Word documents and email used by their parents, is likely to exert a powerful influence over working life. For now, with most new services in their infancy and dominant consumer companies such as Facebook and Google still to make an impact, that end-game seems a long way off. But if Facebook’s plans bear fruit, the world of work, for millions of people, may never be the same again.

Sources:
  1. http://www.bbc.com/news/technology-30080970
  2. http://techcrunch.com/2014/11/17/source-facebook-is-testing-facebook-at-work-separately-hosted-version-to-roll-out-in-a-few-months/

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