Company Name: Zoom Video Communications, Inc.
Industry: Software—Application
Sector: Technology
Description: Zoom is the leading provider of cloud-based video conferencing and collaboration solutions, with over 300 million daily meeting participants in over 180 countries. Zoom enables people to connect and communicate through video, voice, chat, and content sharing. Zoom also offers various products and services for businesses, education, healthcare, and government sectors, such as Zoom Phone, Zoom Rooms, Zoom Webinars, and Zoom Apps.
Zoom was founded in 2011 by Eric Yuan, a former Cisco engineer, and is headquartered in San Jose, California. The company went public in 2019 and became one of the most successful IPOs of the year.
Zoom has benefited from the surge in demand for remote work and online learning amid the COVID-19 pandemic, as well as its user-friendly and reliable platform. Zoom has also faced some challenges, such as security and privacy issues, regulatory scrutiny, and increasing competition from other players, such as Microsoft Teams, Google Meet, and Cisco Webex.
But Zoom’s growth prospects are strong, as the company continues to innovate and expand its product portfolio, customer base, and global presence.
CEO: Mr. Eric S. Yuan
Website: https://www.zoom.usExchange: NASDAQ Global Select