Amid the COVID-19 pandemic, many humans have transitioned to working—and socializing—from home. If these tendencies turn out to be the new normal, positive groups may additionally be in for a large payoff.
Popular video conferencing company, Zoom Communications, is a top instance of a business enterprise benefiting from this transition. However, different industries haven’t been so lucky.
As of May 15, 2020, Zoom’s market capitalization has skyrocketed to $48.8 billion, notwithstanding posting revenues of solely $623 million over the previous year.
What separates Zoom from its competition, and what’s led to the app’s big surge in mainstream commercial enterprise culture?
Popular video conferencing company, Zoom Communications, is a top instance of a business enterprise benefiting from this transition. However, different industries haven’t been so lucky.
As of May 15, 2020, Zoom’s market capitalization has skyrocketed to $48.8 billion, notwithstanding posting revenues of solely $623 million over the previous year.
What separates Zoom from its competition, and what’s led to the app’s big surge in mainstream commercial enterprise culture?
Source: www.visualcapitalist.com
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