Spurred by accelerated use amid the coronavirus pandemic, Zoom is contemplating the combination of calendar and e mail instruments to raised compete with Microsoft and Google, The Verge reported on Wednesday (Dec. 23), citing the Info.
This 12 months, the Silicon Valley video conferencing startup noticed its inventory soar over 500 % because of the pandemic-fueled surge in distant work and college. Zoom might begin trialing an e mail device someday in 2021, with a calendar app someday later.
Zoom’s important rivals — Microsoft and Google — have multi-use platforms with a wider collection of instruments that transcend video conferencing.
The corporate introduced in a press release earlier this month that it was increasing its presence in Singapore by opening a analysis and improvement (R&D) heart. R&D facilities exist already within the U.S., India and China.
“Singapore is pro-business, ranks as one of many friendliest international locations to arrange an organization, and continues to be a favourite for regional headquarters because it boasts distinctive expertise, robust infrastructure, and is an ideal gateway for participating the broader APAC area,” Velchamy Sankarlingam, president of product and engineering at Zoom, stated within the launch.
The office messaging app Slack noticed first quarter revenues in June speed up because of elevated use of the platform amid the coronavirus pandemic. The Silicon Valley startup noticed income hit $201.7 million, up 50 % over the identical interval in 2019.
Slack’s outcomes adopted Zoom’s reported Q1 income acceleration of 169 % to $328.2 million, up from $122 million from the identical quarter in 2019.
Zoom determined in August to develop use to good gadgets and different channels because the pandemic continued to maintain most individuals working and studying from residence. Using its know-how was prolonged to Fb’s Portal, Amazon Echo Present and Google Nest Hub Max.