zoom video communications best companies

Set for release in 2024, Docs is an AI-powered workspace that can be used for documentation, project tracking and management tasks.Īmid the Covid-19 emergency, demand for Zoom videoconferencing software surged as businesses told employees to work from home.Īlso, Zoom morphed into a social phenomenon as making video calls became routine for consumers to keep in touch with family and friends. Zoom Video recently backed off from a change in its terms of service for platform users that would have enabled it to gather data to train AI models. Zoom Video is racing to build more artificial intelligence tools into its business communications platform. Its capabilities include meeting/chat summaries and smart recordings. Rather than increase revenue, Zoom Video expects gen AI tools to retain and add customers.Īt its annual Zoomtopia user conference in early October, the company said it will not charge customers for use of its AI Companion. The Nasdaq composite shot up 43% amid buzz over generative artificial intelligence technology. With an end-of-year rally, Zoom stock advanced 6% in 2023. In 2023, it eliminated 15% of its workforce. 1, Zoom Video said it will cut 2% of its workforce, about 150 jobs. There's speculation it could make a sizable acquisition. Zoom Video reported January-quarter earnings and revenue that topped estimates and announced a $1.5 billion buyback of its own shares.Īlso, the company had $7 billion on its balance sheet as of Jan. Microsoft first added the video and document collaboration program to its business software suite in 2017. Rivals such as Salesforce ( CRM), which bought Slack, have complained about the Teams-Office bundle for years. In early April, Microsoft said it will separate Teams from its Office software suite in an apparent move to head off probes by global antitrust enforcers. In addition, Microsoft is upgrading its products with artificial intelligence technology from startup OpenAI. Microsoft ( MSFT) and its Teams communications tools are Zoom's major rival in the business market. XĪlso, Zoom Video stock has retreated 12% in 2024. And the outlook for ZM stock is tied to whether the company morphs into a broader business communications platform. A rebound in revenue growth for Zoom stock depends on its success in the corporate market. If you need any assistance or accommodations due to a medical condition, or if you need assistance accessing our website or completing the application process, please let us know by emailing us at contact information is for accommodation requests only and cannot be used to inquire about the status of applications.With the coronavirus emergency long over, the clock is ticking on Zoom Video Communications ( ZM). We welcome people of different backgrounds, experiences, abilities and perspectives including qualified applicants with arrest and conviction records as well as any qualified applicants requiring reasonable accommodations in accordance with the law. In support of Japan’s gender equality in the workplace please read Zoom’s Japan Employer Action Plan. Zoom is proud to be an equal opportunity workplace and is an affirmative action employer. To see additional information, please read Zoom’s EEO Policy, Know Your Rights and Pay Transparency Non-Discrimination Provision. To make sure that our products and culture continue to incorporate everyone's perspectives and experience we never discriminate on the basis of race, religion, national origin, gender identity or expression, sexual orientation, age, or marital, veteran, or disability status.

We believe that the unique contributions of all Zoomies is the driver of our success.

Zoom video communications best companies