TEAMS is a chat-based collaboration platform that enables instant messaging, audio and video calls, and sharing content in one place. It allows users to communicate through chats and conversations as well as meet via video or audio calls. Users can also collaborate on content across Microsoft 365 applications like Office, SharePoint, and Planner. The presentation provided tips for using TEAMS such as creating teams and channels only if needed, making teams and channels public or private, and the different ways to start meetings.