Post by account_disabled on Mar 11, 2024 4:16:52 GMT
Zoom is the cloud video conferencing and collaboration service that has benefited most from the pandemic. It was launched way back in 2011 by a former Cisco engineer, now CEO, Eric Yuan, who had worked on the San Jose giant's web conferencing products. The company, which has 2,532 employees, went public on Wall Street in April 2019 amid widespread criticism of its ability to hold up in the market. Its economic situation for the fiscal year 2020 tells of revenues of 622.7 million dollars, up 88% year on year, and a net profit of 21.7 million. There are several products offered but three are the flagship ones: Zoom Meetings is the software for organizing video conferences, with the possibility of automatic recording and transcription; Zoom Rooms is a video conferencing system for companies, to manage multiple rooms and multiple groups, which can be integrated with calendars; Zoom Webinars is the environment for holding courses that can be broadcast live on Facebook or YouTube.
The reasons for Zoom's success How did Zoom manage to emerge in such a India Mobile Number Data crowded market dominated by large players such as video conferencing? First of all thanks to the ease of use for those who have to organize a meeting, but above all for those who have to participate (who can enter by following a link, without needing to register or download software). It's the classic tool that works, even in the hands of digital wimps. Which is no small feat, as anyone who has participated in web meetings in which the first 10 minutes pass with disheartening "can you hear me?" knows. To this, obviously, we add the high quality of video calls (thanks to a proprietary video system in H323 SIP standard) and a very attractive pricing strategy .
In fact, with the Basic plan it is possible to have two-person conferences without time limits or group conferences (up to 100 people) for a maximum of 40 minutes (limit temporarily removed in this period of health crisis). The care of the user experience , the result of obsessive attention to customer suggestions and a corporate culture devoted to "customer happiness", has led to an expansion of the use of Zoom outside of corporate contexts, so much so that real and their own “Zoom Parties” to party remotely with friends. We don't want to grow too fast. Our philosophy is we really focus on making our existing customer happy. We do not aggressively pursue the new prospect.
The reasons for Zoom's success How did Zoom manage to emerge in such a India Mobile Number Data crowded market dominated by large players such as video conferencing? First of all thanks to the ease of use for those who have to organize a meeting, but above all for those who have to participate (who can enter by following a link, without needing to register or download software). It's the classic tool that works, even in the hands of digital wimps. Which is no small feat, as anyone who has participated in web meetings in which the first 10 minutes pass with disheartening "can you hear me?" knows. To this, obviously, we add the high quality of video calls (thanks to a proprietary video system in H323 SIP standard) and a very attractive pricing strategy .
In fact, with the Basic plan it is possible to have two-person conferences without time limits or group conferences (up to 100 people) for a maximum of 40 minutes (limit temporarily removed in this period of health crisis). The care of the user experience , the result of obsessive attention to customer suggestions and a corporate culture devoted to "customer happiness", has led to an expansion of the use of Zoom outside of corporate contexts, so much so that real and their own “Zoom Parties” to party remotely with friends. We don't want to grow too fast. Our philosophy is we really focus on making our existing customer happy. We do not aggressively pursue the new prospect.