I run tech for a biopharma company and based on what I am seeing with Microsoft teams, Microsoft is going to eat zoom's lunch over time. We currently have zoom, but making a move from slack to teams over cost since teams is free. Once you have teams in you naturally look at using teams to run all meetings to cut costs compared to zoom (free vs a lot of money). I think all new companies are going to use teams out of the box, and existing companies will eventually move from zoom to teams. It isn't a question of if in my mind, just a matter of when. Just my 2c.
I work remote currently for a nationwide health insurance company that uses Microsoft Teams. More anecdotal evidence
Anecdotal evidence in favor of ZM: my wife teaches at law school and there it's all Zoom. Haven't checked Zoom's earnings report if that counts for academia everywhere but from what I hear academia and (academic) conferences all seem to be over Zoom. From a technical perspective, the downtrend that started late October 2020, was broken at the beginning of the week. And then the stock jumped almost 8% Friday. Back to $500?
Nearly +400% revenue growth, to get a 10% bump in after hours. Trying to make a new 2021 high above 451.77, if it can do that then bulls will be happy.
We do too, about 100,000 employees, use MS Teams. Seamless syncing with Outlook. So any word on Zoom's user growth?
