Zoom eyes new video needs in a hybrid workplace world
Boosted by the rush to remote work brought on by last year's pandemic, Zoom generated $2.6 billion revenue in 2020, a 317% increase year-on-year that made it one of the fastest growing apps of the pandemic. The number of meeting participants jumped by 2900%, and as of December, Zoom had 470,000 business customers and a valuation above $100 billion.
So as companies worldwide grapple with a pivot to hybrid workplaces — where some workers are in the office, others stay home — where does Zoom go now?
Zoom CIO Advisor Magnus Falk