Microsoft Teams is adding massive numbers of users through large organizations, schools, government workers, and its existing Office 365 customer base. Is Slack in danger of losing the battle for the collaboration market? Let’s examine the data. Slack is still growing too, of course, but not at the same breakneck pace. Microsoft Teams vs Slack users 2014–2019 (Source: )Īnd it shows no sign of slowing down from its new growth rate.ĬOVID-19-related stay-at-home orders led to more remote working, skyrocketing Microsoft Teams’ user base to a reported 75 million in the first half of 2020. In 2019, Microsoft Teams surged past Slack in the number of daily active users - hitting 13 million in July. Slack was in a clear lead with Microsft Teams growing among enterprise customers but not so fast that Slack was worried. In 2023, it’s a different story. "The number of customers spending more than $100,000 annually grew 45% year over year," Benioff said.Ĭorrection: The headline of this article has been updated to reflect the scope of the price increase is for Pro, not all enterprise, plans.If you looked at the market share in the collaboration software space even a few years ago, it would have looked completely different. In a May earnings call, Salesforce chairman and co-CEO Marc Benioff said Slack outperformed revenue expectations, reaching $348 million in Q1 2023, compared to internal guidance of $330 million. The company rose in profile amid the remote work push of 2020, and has steadily added new capabilities and integrations to compete for enterprise demand. įor Slack, the price hike reflects an evolution in its product. Microsoft last year also announced a significant price change for its SaaS line. In March, Google announced price increases to its Cloud offering, effective in October. Collaboration market player Slack, acquired by Salesforce in December 2020, is among a group of tech providers adjusting prices in recent months amid rising U.S.
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