Le Lézard
Classified in: Science and technology
Subject: AWD

Frost & Sullivan Recognizes Zoom as Company of the Year in Video and Web Conferencing


SANTA CLARA, Calif., Dec. 7, 2017 /CNW/ -- Based on its recent analysis of the global video conferencing industry, Frost & Sullivan has recognized Zoom Video Communications with the 2017 Global Company of the Year Award. The advent of a new breed of cloud services is uprooting established business models and prompting businesses to view video conferencing as a key part of their digital transformation strategy. Zoom has led the cloud video services revolution and is disrupting the industry.

Click here for the full multimedia experience of this release - http://bit.ly/2BxgkQW

Zoom is a leading market vendor that has successfully transformed the audio, video, and web meeting experience, opening up the world of next-gen communications to the masses. Since entering the market in 2011, Zoom has seen rapid-fire growth to reach an impressive $1 billion valuation by January 2017. Its industry-leading technology and innovative go-to-market strategy pose a threat to established conferencing and collaboration vendors that have dominated the industry for decades.

"Zoom unifies cloud video communications, chat, and a software-based conference room solution into one platform," said Roopam Jain, Industry Director, Enterprise Communications & Collaboration at Frost & Sullivan. "This single platform approach offers a simple and consistent user experience across all meeting spaces ? desktops, executive offices, open spaces, huddle rooms, and large conference rooms, as well as includes top-notch mobile experiences."

Zoom has led with an open platform built from the ground up that allows developers the customization flexibility needed to meet their needs and integrate Zoom into their existing workflows. The platform contains leading-edge features and functionality. Recent enhancements include:

"Zoom's mission to change the video communications industry has caught the attention of high-profile investors leading to impressive funding," noted Jain. "In January 2017, Zoom raised $100 million in Series D funding from Sequoia, which brought its total funding to $145.5 million and put its valuation over the $1 billion mark. Zoom also plans to aggressively expand its international presence with the new funding."

Each year, Frost & Sullivan presents the Company of the Year Award to an organization that demonstrates excellence in terms of growth strategy and implementation in its field. The award recognizes a high degree of innovation with products and technologies and outstanding leadership in terms of customer value and market penetration.

Frost & Sullivan Best Practices awards recognize companies in a variety of regional and global markets for demonstrating outstanding achievement and superior performance in areas such as leadership, technological innovation, customer service, and strategic product development. Industry analysts compare market participants and measure performance through in-depth interviews, analysis, and extensive secondary research to identify best practices in the industry.

About Frost & Sullivan

Frost & Sullivan, the Growth Partnership Company, works in collaboration with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that will make or break today's market participants. For more than 50 years, we have been developing growth strategies for the global 1000, emerging businesses, the public sector and the investment community. Contact us: Start the discussion.

Contact:

Ana Arriaga
P: 210.247.3823
F: 210.348.1003
E: [email protected]

 

SOURCE Frost & Sullivan


These press releases may also interest you

at 06:13
JinkoSolar Holding Co., Ltd. ("JinkoSolar" or the "Company") , one of the largest and most innovative solar module manufacturers in the world, today announced that since March 20, 2024, the Company has repurchased 788,178 American depositary shares...

at 06:05
AIS Healthcare, a leading provider of targeted drug delivery (TDD) and infusion care solutions, is proud to recognize March 25-31 as National Physicians Week. This week and throughout the year, we celebrate the dedication of physicians who selflessly...

at 06:02
With thousands of press releases published each week, it can be difficult to keep up with everything on PR Newswire. To help journalists and consumers stay on top of the week's most newsworthy and popular releases, here's a recap of some major...

at 06:00
G-P (Globalization Partners), the recognized leader in the global employment market, and standard bearer for industry compliance, today announced it was awarded 50 leader badges in G2's 2024 Spring Report, including Employer of Record Leader, Global...

at 05:34
Sungrow, a global leading PV inverter and energy storage system supplier, has emerged as one of the standout companies on the 2024 Fortune Asia Future 30 list. The list, which recognizes the most promising companies in Asia Pacific, is a testament to...

at 05:30
Cato Networks, the SASE leader, announced a new SASE throughput record here at the Porsche Studio Ginza ahead of the 2024 Tokyo E-Prix, achieving 10 Gbps without hardware upgrades. At 10 Gbps, Cato became the first SASE platform to compete not only...



News published on and distributed by: