The merger of video calling and telephony services, the future that Zoom is clinging to like a burning nail

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sujonkumar630
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The merger of video calling and telephony services, the future that Zoom is clinging to like a burning nail

Post by sujonkumar630 »

Kimberly-Clark prides itself on being one of the 21 clients with more than 10,000 contracted telephone lines currently listed in Zoom's portfolio.

Yuan is convinced that video calls and voice telephony will be combined into a single service in the future.

On the other hand, Zoom is also preparing investors for the inevitable: that its growth curve (absolutely excessive in recent months) will gradually flatten out.

Looking ahead to the current fiscal year as a whole, Zoom CFO Kelly Steckelberg expects sales to grow by around 50% to nearly $4 billion.

Yuan is confident that life as we knew it will not re-emerge on the horizon phone library after the coronavirus and that a hybrid work model will prevail.

Originally designed to offer video calling services to businesses, Zoom has pivoted its business during the pandemic to also focus on individual users.

Still, a large part of Zoom's revenue is anchored in its corporate customers . During the last quarter, the company gained approximately 30,000 corporate customers with more than 10 employees. And 63% of Zoom's revenue today comes from its corporate customers (497,000 in total).
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