We are looking at providing solutions with augmented reality and IoT that will really go into digitalising industries across the globe with very different use cases, like frontline worker enablement and remote IT management. “We have broadened our solution portfolio. When asked if the company is expecting a drop in demand as the crisis felt in 20 has subsided, Steil adds that he looks at the situation differently. We also have smaller tickets which have a sales cycle of a day or two.” For large customers, we are back in the normal rhythm of pipeline building and a sales cycle of three to six months. In an interview with CNBC last year, Steil said, “We are active in different parts of the business. Though most popular for its remote access software, that is not the only area TeamViewer caters to. Image: TeamViewer Quarterly Statement Q1 | 2022 Go down after pandemic subsides? The subscriber development is stable, with 620,000 at the end of Q1 2022. The company informs that the SMB business is up 4% YoY, with higher quality tiers growing 15% YoY (LTM). There is strong retention of pandemic cohorts resulting in 101% Net Revenue Retention. Image: Inauguration of TeamViewer’s new R&D hub in Portugalįor Q1 2022, the billings are up by 12% compared to the previous year. The Enterprise business accounts now for 22% of total billings, indicating a mix shift of the businesses. It shows that there is continued momentum, with billings up 51% YoY to reach € 35.2 million. He emphasised that the Enterprise business is growing strongly with an ever-increasing contribution to the company’s success, and the Q1 2022 figures indicate that as well.

While declaring the Q1 2022 results, Teamviewer CEO Oliver Steil talked about how the company has achieved double-digit growth on top of 2020’s and 2021’s strong first quarters, underlining the resilience of business despite general macroeconomic uncertainty and a more normalised working environment. Image: TeamViewer Enterprise business is growing strong Corporate License: Multiple licensed users can initiate device connections, with up to three sessions open at the same time, priced at ₹6,599 per month.Premium license: Multiple licensed user accounts that enable one user to connect at any given time, priced at ₹3,099 per month.

Business License: One licensed user can initiate device connection one session at a time, priced at ₹1,499 per month.

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