SAN JOSE, Calif., Oct. 03, 2024 (GLOBE NEWSWIRE) -- Zoom Video Communications, Inc. (NASDAQ: ZM) today announced the launch of its industry-leading Zoom Phone in India, commencing with the availability of Zoom Phone service with native India phone numbers in the Maharashtra Telecom Circle (Pune). Zoom Phone brings multinational corporations (MNCs) with a domestic presence and homegrown companies unrivaled simplicity and modern functionality to their distributed hybrid workforce, as well as global native cov ...

SAN JOSE, Calif., Oct. 01, 2024 (GLOBE NEWSWIRE) -- Zoom Video Communications (NASDAQ: ZM), today announced that Michelle Chang has been appointed as its Chief Financial Officer (CFO), effective October 7, 2024. Chang brings more than 25 years of experience in financial leadership roles, most recently serving as Corporate Vice President and CFO of Microsoft's Commercial Sales & Partner Organization. Reporting directly to Zoom's founder and CEO Eric S. Yuan, Chang will be responsible for overseeing Zoom's fi ...

To me, there has never been a more opportune time to invest in rebound plays. With the S&P 500 still sitting near all-time highs, I'm looking for stocks that have less correlation to the broader markets and have With combined experience of covering technology companies on Wall Street and working in Silicon Valley, and serving as an outside adviser to several seed-round startups, Gary Alexander has exposure to many of the themes shaping the industry today. He has been a regular contributor on Seeking Alpha s ...

Core Insights - Zoom has announced new add-on products and functionalities to enhance its advanced enterprise offerings, focusing on compliance, security, privacy, survivability, and manageability for organizations [1][2] New Offerings for Enterprise Customers - In 2023, over $549 million in non-compliance penalties were issued globally, affecting more than 353 million individuals due to security breaches, and 31% of enterprises faced unstable network issues [3] - Zoom's new offerings aim to help companies manage compliance obligations, avoid fines, and ensure reliable connectivity [3] Specific Product Enhancements - **Zoom Compliance Manager Plus**: Enhances existing compliance tools with features like risk detection and data loss protection to help organizations meet regulatory obligations [4] - **Zoom Meeting Survivability**: Introduces network redundancy to ensure uninterrupted service during internet disruptions [4] - **Zoom Mesh for Meetings**: Optimizes bandwidth usage, potentially saving companies up to 60% on internet costs [4] - **Zoom Customer Managed Key (CMK) Hybrid**: Provides customers with more control over encryption keys for data protection, available for Zoom Workplace starting Q4 2024 [4] Portfolio Overview - The advanced enterprise offerings are designed to meet the needs of large organizations and regulated industries, included with Zoom Workplace Enterprise licenses [5] - Offerings are categorized into six key areas: communications compliance, data residency & privacy compliance, policy & deployment management, security & access control, analytics & insights, and network optimization & survivability [6] Availability and Additional Information - Several advanced enterprise offerings, including end-to-end encryption and GDPR controls, are available with Zoom Workplace Enterprise licenses, while new products are offered as paid add-ons [7] - Zoom will host technical sessions on its enterprise offerings at Zoomtopia 2024 for further information [7]

When I last covered Zoom Video Communications (NASDAQ: ZM ) with " Zoom Is Sending Sell Signals " on December 4th, 2020, the stock was trading above $410 per share and 26% below the $559 all-time highs that were posted just two months Analyst's Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensati ...

Two years ago, Cathie Wood's Ark Invest published a bullish valuation model for Zoom Video Communications. For many investors, Zoom Video Communications (ZM 0.93%) is a pandemic trade that has long since lost its allure. But Cathie Wood's Ark Invest published a valuation model in 2022 estimating Zoom would reach $1,500 per share by 2026. From the current share price of $67, that forecast implies 2,138% upside in little more than two years. Having said that, Wood and her team may have lost confidence in Zoom ...

Zoom Video Communications (ZM) has seen its stock price surge 21.2% over the past three months against the broader Zacks Computer and Technology sector's decline of 4.4%. This impressive rally comes after a challenging period for the video conferencing giant, which experienced a significant slowdown in growth following the pandemic-driven boom. The recent uptick in Zoom's stock price can be attributed to several factors raising questions among investors about whether now is the time to buy or hold onto exis ...

SAN JOSE, Calif., Sept. 18, 2024 (GLOBE NEWSWIRE) -- Today, Zoom Video Communications, Inc. (NASDAQ: ZM) and Mitel, a global leader in business communications, announced a strategic partnership designed to empower enterprises worldwide with a unique hybrid cloud solution that combines Zoom Workplace and Zoom AI Companion with Mitel's flagship communications platform in a modern, deeply integrated communication experience. The partnership will address growing enterprise demand for hybrid unified communicatio ...

SAN JOSE, Calif., Sept. 16, 2024 (GLOBE NEWSWIRE) -- Today, Zoom announced that The Federal Risk and Authorization Management Program (FedRAMP®) Joint Authorization Board (JAB) authorized Zoom AI Companion as a JAB Moderate system, adding to Zoom for Government's growing list of authorized products, solidifying the company's commitment to the U.S. government space. Most recently, Zoom Contact Center also received FedRAMP® JAB certification as part of the Zoom for Government platform, in June of 2024. Now, U ...

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