The fastest growing workplace apps and integrations for 2019 featured six data and security focused tools, which were new to the top ranks: Snowflake, Atlassian Opsgenie, Google Cloud Platform, Splunk, Looker, and Envoy.
Last year’s fastest growing apps shows that apps tend to grow in category waves. A few years back the number one fastest growing apps spot was shared by both Slack and Zoom which focused on collaboration. Two years ago the spot was shared by Jamf Pro and KnowBe4 which both focused on security.
For last year, it was observable that data apps grew quickly. Data warehousing provider Snowflake landed at the top with a whopping 273% growth year over year. It was a big year of ”firsts” for Snowflake. They were also named a Leader in the Gartner Magic Quadrant for Data Management Solutions for Analytics.
The data party did not stopped there: big data cruncher Splunk joined the list for the first time at number four, while Looker, a data discovery tool acquired by Google Cloud, jumped into sixth position.
Just as how we saw developer tools jumped up in the most popular apps category, we also saw a developer tool joined the list of the fastest growing app. Atlassian Opsgenie, an incident management solution acquired in 2018 by Atlassian, burst into second place.
Companies continued to prioritize building their security stacks. On-site visitor management company Envoy walked in the door at number eight. KnowBe4, the number one fastest growing app in 2018 (and number three in 2017), still shows a respectable 89% growth year over year. And Jamf Pro still ranks as a fastest growing app two years after its number one ranking in 2017.
While Amazon Web Services (AWS) is the third most popular integration by number of customers, Google Cloud Platform is coming up strong with 108% year-over-year growth.
Does this mean customers are embracing multi-cloud?
Lets look into the data. While a third of customers are deploying AWS, Azure, or Google Cloud Platform, roughly 5% of customers are choosing to integrate more than one Infrastructure as a Service (IaaS) provider with Okta, up from 4% the previous year. The forecast is multi-cloudy!
Let look at some of the facts regarding the fastest growing workplace apps throughout the years:
In 2016, Slack exceeded 2.7 million daily active users, 800K of which were paid. In 2019, the company went public with a $23 billion valuation and in October 2019, Slack announced it had over 12 million active daily users.
Zoom’s revenue grew 300% in 2016, and 150% in 2017. It was profitable in the third quarter of 2016. Zoom became the most valuable tech IPO of 2019 after it rallied 72% in its first day of trading. In fiscal year 2019, Zoom reported sales of $330.5 million with net income of $7.6 million.
By 2017, Jamf had more than $110 million in total annual billings. In October 2017, it was acquired by Vista Equity Partners. In 2019, Jamf added 1,000 new customers a month.
KnowBe4 raised a $300 million Series C led by KKR, which values KnowBe4 at $1 billion—making it a “unicorn.” As of October 2019, KnowBe4 reached 55% year-over-year growth, increasing customer accounts to well over 28,000.