Zoom’s revenue skyrocketed to $328,000,000 during the intervening period between February and April 2020, which represented an increase of 100+% from the previous year. (As you can imagine, Zoom has gained many more users in the months following the publication of this article.)īut, don’t feel too sorry for the folks at Zoom – they’re making some serious cash out of COVID 19 and the growing numbers of remote workers. The piece noted that Zoom recorded a figure of 1.99 million active users in the whole of 2019, while in 2020 so far, the videoconferencing giant has amassed 2.22 million users. In fact, Zoom licenses are being bought in droves – hence, the app’s come under intense pressure to deal with this large influx of new users.įor those interested, the CNBC published an article on its website back in February of this year. As such, teleconferencing solutions, namely Zoom and Cisco Webex Meetings, have increased dramatically in popularity. Zoom does a good job of showing off all its features via the free version of its VaaS, whereas Webex does excellently to emphasize its most basic but effective meeting functionality.Īt a time when we’re all isolating due to the current global pandemic, the ability to speak face to face virtually has never been more sought after.
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