Microsoft Teams is a proprietary business communication platform developed by Microsoft as part of the Microsoft 365 product family. Teams mainly compete with the similar service Slack, which offers workspace chat and video conferencing, file storage, and application integration.
As its initial release worldwide in 2017, Microsoft Teams has emerged as more than just a replacement for Skype for Business. This ecosystem of communication and collaboration tools is at the heart of the modern workplace. With Teams, companies connect hybrid employees, empower frontline workers and streamline the flow of information
At the end of 2020, Microsoft Teams had more than 115 million daily active users. The solution even surpassed other market-leading apps such as Zoom and Slack during the pandemic
To help you better understand the potential of Microsoft Teams, here are some of the statistics you should know
Creating a business case for Microsoft Teams
Microsoft Teams saw the biggest growth spurt during the 2020 pandemic. According to Aternity, usage growth exceeded Zoom from February to June. Microsoft has also released statistics showing the success of Teams, which has increased from 44 million active users in March 2020 to 115 million in December.
Before the pandemic, Teams were already getting a lot of attention. Downloads of the Microsoft Teams Android app are up 66.9% in 2019 from the quarter, much faster than the growth of the Slacks app. ZDNet has officially named Teams as Microsoft’s fastest-growing business app of all time
Building a business case for teams is easy in a world where digital collaboration is critical. With Microsoft Teams, companies can combine all productivity, communication, and work management tools in one place. Microsoft even offers business telephony options, with special calling plans or direct routing Teams also appeal to large and small companies. About 91 of the Fortune 100 use Teams. The app also has major clients such as Ernst & Young, Accenture, SAP, and Pfizer
Facts you must know about Microsoft Team
Microsoft Teams is a globally accessible UCaaS solution, available in 181 countries and 44 languages. The number of regions and languages available is growing steadily. While the solution started out as a basic team collaboration tool and an alternative to Skype for Business, Teams has evolved dramatically over the years.
In 2020, Microsoft Teams was recognized as a leader by the Gartner Magic Quadrant for UCaaS. If you’re currently considering Teams for your business, here are some facts to keep in mind:
1) Microsoft Teams Meetings Increase:
Microsoft registered a new benchmark of 2.7 billion meeting minutes per day in April 2020. This was an increase of 200% from just 900 million meeting minutes in March.
2) Education groups also benefit from Teams:
As of April 2020, Microsoft Teams for Education had more than 183,000 tenants in 175 countries. 61% of teachers around the world said they expected hybrid learning to increase in the future, and 87% planned to use technology such as Microsoft Teams.
3) Teams grew dramatically in 2020:
Microsoft will add 95 million users to Teams by 2020. The technology has grown in popularity by more than 894% since the start of the COVID-19 lockdown, compared to a 667% growth for Zoom.
4) Microsoft Offers Massive Collaboration :
Microsoft announced a massive 30 billion collaboration minutes per day in October 2020, including time spent on Microsoft 365 apps such as Teams, OneDrive, SharePoint, and more.
5) Teams Help Microsoft Grow:
In 2020, Microsoft made $ 46.4 billion in its “productivity and business” segment, including Teams. During the first quarter of the fiscal year 2021, the company announced $ 5.71 billion in operating revenues from the same segment. Source: Statista
6) Teams are experiencing sensational growth:
Microsoft Teams is estimated to have generated approximately 6.8 billion euros in revenue by 2020 on its own. This is good for an increase of 700% on an annual basis. Source: Business of apps
7) Teams aren’t just for meetings :
More than 500,000 organizations say they rely on Microsoft Teams as their default messaging platform. Business of apps
8) People love video on Teams:
Microsoft announced in 2020 that people are turning on video with Teams twice as often as before working remotely. The number of video calls increased by more than 1000% in March.
9) Microsoft Teams has a global presence:
In 2020 Microsoft announced a significant increase in the use of Teams in Spain, Italy, France and the Netherlands. The number of users per day in China also doubled during the pandemic.
10) Team meetings are on the rise:
Microsoft reported that the weekly meeting time for team users more than doubled between February 2020 and February 2021. Source: Microsoft Hybrid work report