10 Slack stats that prove it will be tough competition for Facebook Workplace
Facebook made its new product 'Workplace' publicly available today, hoping it will replace Slack in many offices. The Drum looks at 10 stats from Slack that suggest it might not be easy for Facebook to remove Slack from the throne.
1) Slack has 3 million daily active users.
Slack vs Facebook
2) 930,000 accounts pay between $8-$15 a month.
3) There are 60,000 teams on Slack.
4) On any given weekday, users are active for an average of 320 minutes.
5) Slack's estimated annual revenue is $64m.
6) 77% of Fortune 500 companies use Slack.
7) Developers have created 4,000 apps for Slack.
8) The retention rate for paid users is 98%.
9) 80% of users claim it improves transparency and culture in the workplace.
10) Slack users see an average 48% reduction in email usage, and a 25% reduction in meetings.
What we know about Facebook Workplace so far:
- 1,000 organizations are already using Workplace.
- You will need to create a new account to access workplace.
- Messenger, News Feed and Facebook Live are built in to Workplace, giving it a familiar user experience.
- Personal Facebook information will not be visible to employers, as your personal account will not be connected.
- Companies will own all data within Workplace and are able to export it.
- Workplace will not have any ads, relying solely on subscriptions as a revenue source.
- Workplace costs $3 per employee for the first 1,000 monthly active users, $2 a head from 1,001 to 10,000 and $1 per employee beyond that.
Some organisations currently using Facebook Workplace:
All Slack stats sourced from DMR.