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Is Symphony Video Conferencing's Focus on Security Enough to Beat Slack at Its Own Game?

February 3, 2018 | Telepresence Options


Story and images by VC Daily

There's a Wall Street elite currently trying to earn the affection of the mainstream business world. Workflow collaboration app Symphony has grown from its origins as a "Bloomberg Killer" dedicated to servicing the financial sector, to be a potential threat to Slack and Microsoft Teams in the small and medium business world.

Like its collaboration app colleagues, Symphony provides a shared platform where team members can chat, message, and video call each other within the flow of their usual working day. In the financial sector that has meant funneling in real-time data from markets across the globe, and, importantly, providing these in-house and cross-company connections across highly secure lines.

The app has already proved a hit on Wall Street by drastically undercutting the cost of rival Bloomberg. If it can maintain its high security standards while matching the functionality and flexibility of Slack and Teams, symphony video conferencing and chat could prove a similar hit in the broader business world.

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