Mircosoft Acquires OKR Startup Ally.io to Strengthen its Productivity Software Offering

Key Takeaways

  • Microsoft has announced that it is acquiring Ally.io. Ally.io is a tech start-up that focuses on the development of customizable tools and dashboards so that employees can track their progress. 
  • The move was primarily fueled by the growing demand for productivity tools, especially for remote teams. 
  • Ally.io’s software is likely to be integrated into Microsoft’s Viva – a group of employee experience products. 

Microsoft has announced that it is set to acquire Ally.io. It is a tech start-up that enables companies to track their performance and progress on key objectives. The terms of the deal have not been disclosed yet by both companies.  

SEE ALSO: Five9 and Zoom Terminate $14.7 Billion Acquisition Deal

Microsoft Aims to Capitalize on Growing Demand for Productivity Tools

The COVID-19 pandemic has transformed the way businesses operate. Remote working has gained considerable popularity over the past two years due to which the demand for productivity tools, especially for remote teams has increased. 

In their quest to establish a solid market position, Microsoft is aggressively focussing on improving its productivity applications. In August, the company announced that it is increasing the prices for particular subscriptions. Besides, Microsoft also spoke about a few new products that it introduced since the rollout of the Office 365 suite in 2011. 

In recent years, the tech giant has acquired small companies such as Yammer and GroupMe. 

More about Ally.io’s Platform

Ally.io’s software primarily focuses on an approach called objectives and key results (OKR). It enables users to identify their goals and track their progress. Google is another company that is using this model. 

Ally.io’s customizable software and dashboards will be fused into Microsoft’s Viva software. The company rolled out Viva in February and has made it accessible via Microsoft Teams. 

Kirk Koenigsbauer, Chief Operating Officer and Corporate Vice President, Mircosoft’s experience and devices division said that this partnership will enrich how teams and individuals collaborate to achieve the best business outcomes. He also said that over the next few years, Microsoft will invest resources to introduce Ally.io to Microsoft Cloud. 

More about Ally.io

Ally.io was founded by a former Microsoft employee, Vetri Vellore in 2017. The company is based in Seattle and has an employee base of 275 people. Slack and Dropbox are some of the most popular companies that use Ally.io. 

SEE ALSO: Microsoft Will Launch Windows 11 on October 5th

Feature Image Source: Microsoft


Karandeep V

Karandeep V

Karandeep was born in Pune, Maharashtra, an upcoming metropolitan city in the Western region of India. While most members of his family are engineers, he had different ideas. He was more inclined toward exploring the non-technical aspects of a business, which is why he studied Bachelors of Business Administration at Symbiosis International University, Pune.  Having said that, his love for new and upcoming technologies remained intact, which is why he has written extensively about technology throughout his career. After a brief stint with a gaming company at the beginning of his career, he discovered that his love for writing was not temporary.  Being a tech geek, he always liked installing and playing around with new applications on his mobile devices and the home desktop. He was fascinated by how technology can simplify even the most mundane and complex tasks with just a few commands. He keeps a close eye on how businesses use different tools to streamline their operations to boost productivity and efficiency. At ToolsMetric, he writes product reviews that cover the main features and specifications of different enterprise applications. The sheer amount of innovation and hard work that goes into building these tech solutions is one of the reasons why Karandeep loves reviewing these tools. Besides product reviews, he also writes interesting news articles and blogs that track the latest developments in the tech industry.  When he is not writing, you can find him rooted to his seat playing video games, watching movies, or supporting his favorite football team. Since his childhood, he has always loved to travel and explore new places. Traveling is a major part of his life due to a myriad of reasons such as experiencing new cultures, food, and traditions. His other hobbies include playing football, cooking, and running.  You can find him on LinkedIn here.

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