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Slack: 10 Million Daily Active Users

Slack boasts impressive daily user count

Slack: 10 Million Daily Active Users

Slack, one of the leading collaboration tools available on the market today, recently announced that it had surpassed the milestone of 10 million active users per day (DAU). That’s a substantial increase from 8 million daily active users reported last year, and 4 million in 2016. More than half of those users come from countries outside of the US.

Not only is general usage of Slack on the rise, but according to a recent blog post from the company, the application is currently the go-to solution for 65 Fortune 100 Companies. Additionally, the number of paying customers who are splashing out on Slack’s “Premium” collaboration tool has also risen by more than 50% in the last five years, to approximately 85,000.

Slack Experiences Persistent Growth

News of the latest Slack statistics arrives just as the communication and collaboration market begins to speculate on the possibility of the app going public sometime this year – with a value of around $10 billion. The updated numbers are a positive addition to an ongoing period of success for Slack. Last year, the company acquired its rival Atlassian, removing HipChat and Stride from the market. What’s more, according to a report from “The Information,” Slack also reported more than $900 million in cash on its 2018 balance sheet.

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When Slack launched in 2013, it was primarily an app that gave gamers a way to communicate while they played. Today, it’s a powerful tool in businesses around the world. Slack has successfully streamlined the communication and collaboration space for many companies, particularly as users with developer expertise build additional integrations and APIs to help users customise their experience.

The question is, what does this growth in daily users mean to Slack’s plans in the long term, and how does it affect its ongoing battle for collaboration domination with competitors like Microsoft Teams?

Is Slack Outshining the Competition?

Though Slack’s growth in recent years has been impressive, it hasn’t stopped people from considering alternative tools like Microsoft Teams, Cisco Webex Teams, and RingCentral Glip. Microsoft’s decision to unveil a free version of their Teams software in 2018 helped to boost the company’s user base significantly, although it’s impossible to know how well the app is doing for certain.

Although Microsoft refuses to release any data that we could use to compare it to Slack in terms of user count, there are reports that suggest that around 329,000 organisations are active on the service today. It’s hard to estimate how a number like that would translate into daily active users, but it’s safe to say that competitors like Microsoft Teams aren’t out of the running yet.

In terms of predictions for Slack’s future, rumours are still circling about an upcoming appearance on the stock market through a direct listing this year. The rise in daily users is sure to make an investment in Slack even more valuable for anyone who wants to get involved with the potential IPO.

How do you feel about the latest news? Let us know in the comment section!

 

 

Latest comments

3 Comments
AvatarRob Scott 06:29, 05 Feb 2019

I had an interesting conversation with me of Slack’s major competitors last week who said that Slack is generally used by small teams or business units, whereas platforms like Webex and Microsoft Teams are generally being deployed company-wide.

Good point well made, therefore Slack is potentially easier to replace than some of the full stack UC&C players.

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Essential Productivity Apps for Small Business 2019 – Google Site Search 14:04, 01 Feb 2019

[…] These days, email isn’t as effective as it once was for tracking messages and crucial communications. Slack makes conversations more organised and searchable, so valuable information isn’t lost. Additionally, you can also use Slack to share files with Google Drive or Dropbox and engage in video conversations. There’s even the option to add unique integrations according to your needs. Prices range from nothing to $12.50 per user per month. Slack has also just announced that it has more than 10 million Daily Active Users. […]

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Ian TaylorIan Taylor 13:56, 30 Jan 2019

That’s an impressive DAU. Microsoft announced 329,000 ORGANISATIONS using Teams at Ignite last year, so we can’t compare apples with apples, but this makes for a great competition – come on MS, announce your DAU!

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