Highlights
01:27 — Microsoft Teams is a major growth driver for the company. Microsoft’s Executive VP Chris Capossela believes Teams is rolling up Slack, Zoom, and Google Workspace as organizations aim to consolidate their suite of digital tools.
02:45 — The so-called “vendor consolidation” has reportedly fueled much of the Microsoft Teams growth with 270 million active users and the expansion of remote work. The company experienced 32% growth in its cloud business last quarter.
03:36 — Some customers are setting up “Teams rooms,” which are conference rooms optimized for 5-10 person usage. The application is also a big player in business process automation, including expense managing, approvals, and training.
