Summary List Placement
Zoom held its annual Zoomtopia conference this week. It’s difficult to overstate how much has changed for the video conferencing provider since last year’s event: As of Zoom’s fiscal Q2 2021 (ended July 31, 2020), revenues jumped 355% year over year (YoY) and its base of customers with over 10 employees surged 458% YoY.
At the same time, Zoom faces more competition in the video conferencing space than ever before. Microsoft and Google have attempted to capitalize on the pandemic-induced surge in demand for video conferencing by further integrating their services within their market-dominant enterprise productivity suites. The tech giants have also seemingly allocated more internal resources to video conferencing, which has enabled them to quickly match any proprietary features offered by competitors. Zoom’s gallery view, for instance, almost certainly inspired Microsoft’s grid view and Google’s tiled view.
Here’s how we think the features announced by Zoom this week will fair:
Zoom is rolling out end-to-end encryption (E2EE), which will appeal to more privacy-minded users but could also provoke regulatory scrutiny. With E2EE, only …read more
Source:: Businessinsider – Technology