![]() The Company provides a unified communications and collaboration platform that delivers fundamental changes how people interact, connecting them through frictionless and secure meetings, phone, chat, content sharing and more. is a provider of video communication platforms. The company's shares reached this mark during the growth of the pandemic in 2020.Zoom Video Communications, Inc. The all-time high of Zoom share's price was $568.34 on October 19, 2020. Another factor for the growth of Zoom Video Communications stocks' price may be a new round of the pandemic, for example. According to analysts' forecasts, the rate of Zoom Video Communications shares can reach a higher level only if the company makes a breakthrough in the field of new product development. The company's management predicted a slowdown in the company's stock price growth, so now Zoom has decided to focus on its large customer base and other ways of monetization. In addition, Zoom uses Amazon Web Services and Microsoft Azure cloud services to host part of its cloud infrastructure. At the moment, the company uses 13 data sharing centers, which are located in Australia, Brazil, Canada, China, Germany, India, Japan, Holland, and the USA. Zoom is a young company, and therefore it is difficult to assess its prospects and predict the future performance of its core business. Thanks to Liminal solutions, Zoom is able to help theaters, broadcast studios, and other creative organizations solve complex technical production tasks, as well as effectively collaborate online. This step was very significant for Zoom as Liminal specialized in creating tools for large-scale online events. In December 2021, Zoom acquired the assets of Limina (l), an event production startup, as it was necessary to cater to increasing industry needs. The Zoom Video Communications Class A ordinary shares have been listed on the NASDAQ Stock Exchange since April 18, 2019, under the ticker #ZM. The competitive advantage of Zoom Video Communications is the geographical coverage of its activities and active international expansion. skyrocketed in 2020 as it transformed from a company in the narrow business software category to one of the most sought-after corporations during the coronavirus pandemic. Interesting facts about the #ZM (Zoom Video Communications Inc) If consumers end up using their products, it will negatively affect the Zoom stock price. Microsoft, Cisco, Polycom, Blue Jeans Network strive to expand their presence in the market and constantly release new solutions in the field of communications. It is worth remembering that the competition is high in the video conferencing industry. Successful expansion will allow Zoom Video Communications to expand its patent portfolio and remain a leader in video communications which will also positively impact ZM stock price. For example, in June 2021, Zoom bought Kites, the creator of a real-time speech translator. Zoom Video Communications acquires other companies and gains access to new technologies. If the product is in demand by ordinary users, the ZM rate will grow. However, its success largely depends on consumer demand. The company has the potential to transform the communications industry. Zoom continues to develop applications and services: Zoom Rooms, Zoom Phone, Zoom Video Webinar and others. The price of ZM stock grows when new products are released. Zoom stock is growing steadily in value and is popular with long-term investors. The company's technology is widely used in various fields: education, medicine, finance, public administration, etc. This platform is preferred by the majority of users from all over the world. The demand for Zoom Video Communications products is growing steadily. The revenue of the company comes primarily from paid subscriptions. It has good compatibility - the application can be run on any device using one account. Zoom is used worldwide for video meetings, webinars and online events. The company was founded in 2011 and is headquartered in San Jose, California. is a global leader in video communication software.
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