The future of video conferencing has been up in the air since the start of the pandemic. While many companies used to rely on in-person meetings, companies are now looking for digital solutions to stay in touch with employees, colleagues, and customers. Zoom, the video conferencing company, has become an essential part of many people’s work lives, and the company’s CEO believes it’s here for the long haul.
In an interview with CNBC, Eric Yuan, CEO of Zoom, stated that he believes Zoom is “here for years to come.” Yuan credited Zoom’s success to its scalability, which allows the company to accommodate the hundreds of millions of people who use the software each month. Yuan says that Zoom is working to improve the product’s features and reliability, so that users can have a better experience.
Yuan also noted that Zoom’s focus is not only on providing video conferencing services, but also on delivering innovative solutions to keep employees connected throughout their workdays. Zoom recently released its own “Zoom Rooms” which allow meetings to be held in virtual space and enables employees to access shared documents and video conferencing tools at the same time.
The success of Zoom’s recent strategies is evident in the company’s financial performance. During the first quarter of 2021, Zoom’s revenue nearly doubled from the previous year, and the company is projected to post even greater profits for the remainder of the year.
It’s clear that Zoom is here to stay, and the company is working to ensure that it continues to meet the needs of a modern world. With powerful solutions and a commitment to delivering the best possible experience to its users, Zoom is paving the way for a future of successful video conferencing solutions.
