Microsoft Teams Revenue and Usage Statistics (2024)

When Microsoft announced Teams in November 2016, it entered a market firmly controlled by Slack, which had popularized business text chat as a convenient solution to email. From day one, Slack made it known it did not like Teams. But the rivalry could have been an acquisition in another timeline. According to multiple reports, Microsoft planned an $8 billion bid for Slack, but co-founder Bill Gates argued that Microsoft should make use of Skype to build a competitor. Instead of Skype, Microsoft bundled most of its collaborative business software into Teams. In 2017, it shifted Classroom to Teams and announced it would discontinue Skype for Business. Additional features have been added since, making it an all-in-one communications platform for an organisation of any size. Microsoft … Continue reading Microsoft Teams Revenue and Usage Statistics (2024)