Zoom Business Model

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sumaiyakhatun29
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Joined: Thu Dec 26, 2024 5:47 am

Zoom Business Model

Post by sumaiyakhatun29 »

Since 2011, Zoom has raised more than $145 million in investment rounds, becoming a unicorn in early 2017. Today, it is valued at over $16 billion. It is clear that Zoom had a completely unexpected boom, out of the curve, as a result of the coronavirus pandemic that alarmed the planet. However, the company’s development was stable, always progressing, annually, both in the number of users and final revenue. Zoom was already well regarded among the corporate community, being the favorite among similar tools, which include Skype, Google Meet, and the latest Teams, from Microsoft (now, the market leader).


- Market Share This is due to some important factors vietnam whatsapp database . First, its free version, the plan to attract new users, manages to deliver value. Although simpler, it guarantees a good experience, even if in less time. And second, because of the quality of the service provided. Zoom manages to keep the videos of good quality and its interface is very simple and user-friendly. In short, everything works, from the beginning. Even for that user who has come to the platform just to keep in touch with the people they love and those who need to keep away.


Zoom’s Competitors Google Meet: Google’s videoconferencing tool has been widely enhanced throughout the COVID-19 pandemic. Not just that, but the entire Google G Suite platform has been relabeled to Google Workspace, focusing on an approach much similar to Microsoft Office 365; Cisco Webex: Founded way back in 1995, Webex was acquired by Cisco Systems in 2007. While Zoom and other competitors, such as Google Meet and Skype, are greatly used by friends and family talks, Cisco Webex has a purpose exclusively focused on offices and enterprises; Skype: A true internet dinosaur in the videoconferencing market, Skype was founded back in 2003 and was acquired by Microsoft in May 2012.
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