5 Considerations for Choosing a Collaboration Platform

The way we work today makes collaboration an absolute necessity. Distributed teams, virtual workforces,
around-the-clock and around-the-world commerce, pervasive mobility, rapidly changing regulatory
requirements — these are just some of the factors driving dramatic changes in the way work gets
done. Given today's rapidly shifting competitive landscape and increasingly high user expectations,
organizations must figure out how to create an agile and collaborative work environment. So they're
investing heavily in collaboration tools that help them leverage widely available information that
is then shared with people both inside and outside the organization, resulting in smarter, faster
decisions. Fortunately, the rapid acceptance of cloud computing has made it easier for organizations
to drive content collaboration in a cost-efficient manner. As a result, the global market for cloud-based
collaboration tools is projected to spike to nearly $48 billion by 2024.1