Skype is a software program for communications & messaging that specializes in providing video chat and voice calls between mobile devices, PCs, tablets, smartwatches, and Xbox One consoles.
From an organizational point of view, Skype is managed by Skype Technologies which is the subsidiary of Microsoft.
The company manages around 500 employees (and the numbers are growing), with an estimated revenue of around $2 Billion.
With the advantage of also providing instant messaging services, users can easily transmit text, images, video, and audio. They can send instant messages and share files with other Skype users.
Since it is used by both individuals and businesses, Skype allows encrypted video conference calls too.
With Skype for Business, you can add multiple contacts at once and make free calls online for up to 50 people on any device at your choice.