Zoom Inc. made an impressive entrance into the year 2020 which saw a steady increase in its rising share prices. The Tech giant could confidently say it has been an eventful but yet a great year considering wide acceptance of its increasing reliance on the virtual space which characterized the year 2020.
This leap in status can be attributed primarily to the new business order occasioned by the pandemic and the adoption of virtual working models to prevent the covid spread.
A recent report showed that plans are in top gear for the tech giant to extend its business frontiers through calendar and Email services to further deepen its influence in the business world. The early versions of the services are expected to hit the App stores by 2021.
Their email service competitors Microsoft and Google are known for a wide range of product offerings making it necessary for Zoom Inc to transition into the multi-product tech market to thrive amidst the existing and potential competitors still to come.
Other service offerings by Zoom have been introduced like the onZoom platform available to paid Zoom subscribers for free event hosting with hints by executives on likely plans to become monetized with the inclusion of paid ticketing services.
As of now, Zoom only has one product under its umbrella. Now, it looks like that, the company is looking to expand its product portfolio. A new report by The Information suggests that the California based company is gearing up to launch email. The report also claims that we might see an early version of Zoom email in 2021.
The report confirms that zoom Inc is exploring a calendar app to allow for more robust delivery in the coming year. However, this should not come as a surprise since people have slowly adapted to the pandemic. Companies like Google are already planning to open their campuses again post-summer.
As vaccines start rolling out in more countries, there is a high tendency that Zoom Inc may lose traction and hence these innovative products became necessary to bridge the gap if video conferencing drops because of physical meetings.
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