Samsung Banner sticky Advertisement
  • Home
  • Articles
  • Though subscriber growth is sluggish, zoom posts are major quarters

Though subscriber growth is sluggish, zoom posts are major quarters

2nd March 2021
"The stellar results coincided with a year in which the word of Zoom was synonymous with the way millions had to collect on-line video panels at home."

Zoom is rising astronomically with the pandemic, asking concerns as to whether the tremendous success of the videoconferencing service can disappear as more users come to the schools, workplaces, and other areas off-limits last year.

The slowdown was mirrored in the Monday report on otherwise impressive quarterly income. The stellar results coincided with a year in which the word of Zoom was synonymous with the way millions had to collect on-line video panels at home.

Although Zoom continued to enjoy robust gains from November through January, its subscriber increases were significantly smaller than in each of the previous three quarters that unfolded during pandemic life.

Despite that widely anticipated slowdown, both Zoom’s quarterly earnings and revenue easily topped analysts’ projections, as did management’s forecast for the February-April period and the upcoming year. Those numbers helped lift Zoom’s stock price by nearly 9% in Monday’s extended trading, still leaving the shares well below their highs reached last autumn.

The deceleration in subscriber growth, which began late last summer, is causing some investors to fret that Zoom won’t be able to sustain its momentum as more people get vaccinated and life starts to revert to pre-pandemic patterns later this year.

Those concerns are the main reason Zoom’s once soaring stock price has dropped by about 30% from its peak reached last October. If the rally in Monday’s extended trading is replicated in Tuesday’s regular session, Zoom’s stock will still be worth more than five times what it was at the end of 2019.

Zoom finished January with 467,100 customers with at least 10 employees that were paying for the subscription version of its service. That was an increase of 33,400 customers from the previous quarter ending in October, far below the gains ranging from 63,500 subscribers to 183,500 subscribers in the previous three-quarters of operation during the pandemic.

“Zoom has had an amazing year, but all good things must come to an end,” said Nucleus Research analyst Trevor White. “The fundamental problem remains, however: Zoom is not going to be able to keep up with the growth that it has seen.”

Even so, Zoom is far larger, more profitable, and better known than it was before the pandemic upended society and turned its video conferencing into a staple. The San Jose, California, company now has nearly six times more subscribers than it did a year ago while its annual revenue has quadrupled to $2.65 billion during the past fiscal year.

In its most recent quarter, Zoom posted revenue of $882 million, more than quadrupling from the same time in the previous year. The company turned a profit of $260 million in the last quarter compared to $15 million during the same period in the prior year.

Realizing that the demand for video conferencing won’t be as great after the pandemic is over, Zoom has been introducing other features such as an internet phone service for voice-only calls in hopes of bringing in more money. The company disclosed Monday that the phone service now has 10,700 customers, most of whom also subscribe to its videoconferencing service.

Chief Financial Officer Kelly Steckelberg said she believes videoconferencing will remain a key communications tool for most people who latched on to it during the pandemic.

“As we progress to the world reopening, people have now integrated it into their lives in the way they work, in the way they learn, the way that they socialize,” Steckelberg told The Associated Press in an interview. “That is not just going to change.”

With $4.2 billion in cash and a still-valuable stock, Zoom also now has the wherewithal to expand into other areas through acquisitions, said Third Bridge analyst Scott Kessler. Steckelberg acknowledged the company is “constantly looking at opportunities” to expand.

Zoom also is counting on many businesses to hold on to their videoconferencing subscriptions even after their offices reopen so some employees can continue to work remotely part of the time

Even so, “it would seem offices will be used more and Zoom will be used less,” Kessler said.

Zoom believes the success of videoconferencing during the pandemic will encourage companies to hold more meetings online instead of requiring employees to travel from different locations to convene in one physical location.

source:  AP/RSS

Also Read:

OVER 500,000 ZOOM ACCOUNTS SOLD ON HACKER FORUMS, THE DARK WEB

TOP 5 VIDEO CONFERENCING ONLINE MEETING APPS | ALTERNATIVES TO ZOOM APP

ZOOM'S CAPITAL PUNISHMENT IN SINGAPORE

WITH RARE CANDOR, EMPLOYEES PROTEST FACEBOOK'S TRUMP POLICY

SOCIAL MEDIA, MUSIC WORLD GO DARK FOR BLACKOUT TUESDAY

APPLE LAUNCH COVID-19 SELF-SCREENING APP & WEBSITE | HOW TO USE

Compiled by : Upasana Poudel Upasana Poudel

Top 5 Video Conferencing Online Meeting apps | Alternatives to Zoom App

21st April 2020
"If you want something similar to Zoom but don’t want to spend any money, here are the top five alternatives to the Zoom app."

Zoom gained huge traction in a short span of time as several people are working from home due to the coronavirus outbreak. The video conference app pulled in more than 200 million daily active users last month — significantly up from a maximum of 10 million users previously. Zoom app has been under fire over security concerns.

From schools/colleges and officials to various private/governments, various people have been using the app. Its key features such as being able to video-conference with up to 100 people for free (up to 500 participants in paid plans) and recording support make the Zoom app a great solution for virtual meetings using a desktop or smartphones.

Also Read: OVER 500,000 ZOOM ACCOUNTS SOLD ON HACKER FORUMS, THE DARK WEB

If you don't trust Zoom and are looking for capable alternatives, You can check out the top five free online meeting apps that are alternatives to the Zoom app to help with your video calling needs.

Top Free Online Meeting Apps

Cisco Webex Meetings

Cisco is offering free access to its Webex Meetings (highly enterprise-focused solution Cisco Webex) in all countries where it is available to support the work from home needs during the coronavirus outbreak. Despite being available as free, you'll get all enterprise features including unlimited usage with no time restrictions, support for up to 100 participants, and a toll dial-in in addition to Voice-over-Internet-Protocol (VoIP) capabilities. All you need is to sign up on the Cisco Webex portal to get started with the Webex Meetings. The experience that's been offered by Cisco is nowhere limited when comparing with Zoom.

Google Hangouts

You can opt for Google Hangouts, which is also a decent, free alternative to Zoom. You can make video calls with up to 10 participants or chat with up to 150 participants at once. Google also allows you host video calls or talk with your colleagues through text messages using a mobile device. Further, being a Google product, Hangouts just needs your Gmail account to let you get started.

Skype Meet Now

Microsoft recently brought Skype Meet Now that serves as an alternative to Zoom. It works without requiring an account and supports up to 50 participants — all for free. You'll also get features such as the ability to record calls, blur background before entering the call, and screen sharing. Moreover, you just need to visit the dedicated webpage, to begin with, Skype Meet Now.

Microsoft Teams

If you don't want a solution just to make video calls, you can look at Microsoft Teams. It is also available for free during the pandemic. The free version brings unlimited chat and search, group and one-on-one audio and video calling, and 10GB of team file storage along with 2GB of personal file storage per person. If you already have an Office 365 account, you'll get real-time collaboration with Office apps for Web, including Word, Excel, PowerPoint, and OneNote.

Discord

Discord has also emerged as a strong alternative to Zoom, its video conferencing capabilities that let you connect with up to 50 participants at once. The platform is popular amongst gamers, though you can use it as a tool to communicate with your office team or some friends. You can also download its mobile app to connect with your contacts using your smartphone. There are also features to share your screen or perform voice calls. Just like other free alternatives to Zoom, Discord provides video conferencing at no cost. You just need to sign up on the Discord site or through its app to get started with your virtual conferences.

You can also look as paid app an alternative to Zoom app as below:

You can get Google Hangouts Meet that is available for free for all G Suite users until July 1 and provides features such as up to 250 participants per call, live streaming for up to 100,000 viewers within a domain, and the ability to record meetings and save them to Google Drive. There are also paid solutions such as Zoho Meeting and GoToMeeting that you can get for free under a trial.

Also Read:

SAMSUNG DEVELOPS HAND WASH APP TO KEEP YOU HEALTHY & SAFE

HUAWEI AI CLOUD GLOBAL LAUNCH TO FIGHT CORONAVIRUS

CORONAVIRUS : APPLE AND GOOGLE PARTNER ON CONTACT TRACING TECH VIA APIS, BLUETOOTH

APPLE LAUNCH COVID-19 SELF-SCREENING APP & WEBSITE | HOW TO USE

TDO NEPAL LAUNCH COVID-19 SELF-SCREENING APP & WEBSITE

HOW TO FIX SLOW INTERNET CONNECTION?

JACK MA FOUNDATION PUBLISHES HANDBOOK, SHARES CHINA’S EXPERIENCE IN BATTLING COVID-19

10 Unique and Useful Apps For your Android Phones

TOP UTILITY APPS FOR ANDROID PHONES

  • Tags :
Compiled by : Rishi Raj Singh Rishi Raj Singh

Zoom becomes the most downloaded app in April 2020 worldwide

9th May 2020
"According to a report by Sensor Tower, Zoom was the most downloaded non-game app worldwide for April 2020"

Despite the privacy and security concerns the use of video conferencing platform Zoom, accounted for the most downloads of the application in April 2020, according to the data released by Sensor Tower. Previously, we reported that a significant portion of Zoom’s 300 million daily meeting participants globally.

According to a report by Sensor Tower, Zoom was the most downloaded non-game app worldwide for April 2020 with close to 131 million installs, which is 60 times higher than the numbers in April 2019. While India accounted for 18.2 percent of Zoom’s total downloads, users from the United States accounted for 14.3 percent downloads.

TikTok was the second most installed non-game app worldwide in April with more than 107 million installs— a 2.5x increase from April 2019. As per the report, India also accounted for the largest number of TikTok installs at around 22 percent downloads followed by the US at 9.4 percent.

In March 2020, TikTok was the most downloaded non-game app worldwide with more than 115.2 million installs with India (29.5 percent) accounting for the most downloads followed by Brazil (9.4 percent). WhatsApp was the second most downloaded app worldwide followed by Zoom.

Even though Zoom was the most downloaded application on Apple App Store in March itself, it was on the fourth position in the number of downloads on the Google Play Store. In April 2020, Zoom is now rocking the charts for both App Store and the Play Store as the most downloaded application worldwide.

On the April 2020 chart, Facebook, WhatsApp, Instagram, and Messenger take up the third, fourth, fifth, and sixth spots respectively.

Also Read:

TOP 5 VIDEO CONFERENCING ONLINE MEETING APPS | ALTERNATIVES TO ZOOM APP

HOW TO GET FACEBOOK’S NEW REDESIGNED WEBSITE WITH DARK MODE

10 UNIQUE AND USEFUL APPS FOR YOUR ANDROID PHONES

ANDROID 11 DEVELOPER PREVIEW 4 RELEASED, BETA UPDATES DELAYED

  • Tags :
Compiled by : Rishi Raj Singh Rishi Raj Singh

Zoom's capital punishment in Singapore

23rd May 2020
"The 37-year-old man was convicted of selling at least 28.5 grams of heroin, a crime punishable by death under strict Singaporean anti-drug law."

A report in AFP states that Singapore court sentenced a man to the death penalty via the Zoom video conferencing application, a city-first for the first time, which was widely criticized by human rights defenders.

Malaysian drug trafficker Punithan Genasan was sentenced to death by hanging on Friday during a remote hearing to prevent the spread of the coronavirus, judicial officials in the Southeast Asian country said.

The 37-year-old man was convicted of selling at least 28.5 grams of heroin, a crime punishable by death under strict Singaporean anti-drug law.

It is the first time that capital punishment has been passed during a remote hearing, the Supreme Court said.

The Zoom video conferencing application has grown in popularity around the world due to containment, but Human Rights Watch said the technology was completely inappropriate for passing such a sentence.

"The death penalty is inherently cruel and inhuman, and it is even worse when Singapore uses technology like Zoom to sentence a man to death," said Asia organization deputy director Phil Robertson.

"It is unbelievable that the prosecution and the court are so insensitive and that they do not understand that a man threatened with the death penalty has the right to appear in court to see the accusation," he said. he continued, questioned by AFP.

The Supreme Court said that the hearing was organized remotely "for the safety of all those involved in the proceedings".

Like many countries, Singapore has asked residents to stay home and shut down non-essential businesses.

The city-state had initially succeeded in containing the spread of the virus but is currently facing a second wave which mainly affects its population of migrant workers housed in large dormitories, which have become breeding grounds for contamination.

Singapore has registered more than 29,000 cases of contamination but managed to limit the number of coronavirus deaths to 22.

Also Read:

OVER 500,000 ZOOM ACCOUNTS SOLD ON HACKER FORUMS, THE DARK WEB

TOP 5 VIDEO CONFERENCING ONLINE MEETING APPS | ALTERNATIVES TO ZOOM APP

HOW TO GET FACEBOOK’S NEW REDESIGNED WEBSITE WITH DARK MODE

ANDROID 11 DEVELOPER PREVIEW 4 RELEASED, BETA UPDATES DELAYED

APPLE LAUNCH COVID-19 SELF-SCREENING APP & WEBSITE | HOW TO USE

JACK MA FOUNDATION PUBLISHES HANDBOOK, SHARES CHINA’S EXPERIENCE IN BATTLING COVID-19

 

  • Tags :
Compiled by : Debashish S Neupane Debashish S Neupane