You can use Zoom for telecommuting, teleconferencing, distance education, and social interactions.
#Venture capitals of zoom video communications software#
It offers video conferencing and online chat services via a cloud-based peer-to-peer software network. (Zoom) is a San Jose, California-based communications technology corporation. Additionally, Zoom earns money by promoting hardware products. Zoom’s business model is based on charging companies a recurring subscription fee for various services. The biggest advantage of Zoom is the ease to use of the app and high-quality audio/video communication that keeps its user happy and satisfied at the same time. Zoom is a cloud-based conferencing platform that enables users to communicate remotely through audio, video, and chat. We’re here to discuss why Zoom App is so popular, What is Zoom Business Model and How does Zoom makes Money, allowing it to earn a healthy profit.
However, we are not here to discuss the controversy today. Many countries in the world banned the usage of Zoom, though the popularity and users of Zoom kept increasing day by day.
There was news regarding the user data breach of Zoom Communications. However, along with the appreciation, the Zoom application has sparked controversy too. Zoom has become an important video communication tool for corporates to conduct regular official meetings, particularly during the lockdown era caused by the COVID-19 pandemic. However, with the existence of several applications created exclusively for video chatting or video communication over the years, the Skype app has seen a downfall in its popularity.Īt the same time, the ‘ Zoom‘ app has received a lot of attention lately. When we think about video conferencing, the first thing that comes to everyone’s mind is probably ‘ Skype.’ For years, Skype has served as the hub for both official and private video calls.
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