Smart Buildings

Zoom Workplace Management Business 2024 Examined

In this Research Note, we examine Zoom Video Communications Inc., a $4.5 billion video conferencing company based in San Jose, California, and its entry into the workplace management and employee engagement sector. Based on their Q1 and Q2 FY2025 earnings presentations, this analysis covers the recently launched Workplace software suite combining meeting management for hybrid working, resource scheduling, visitor management, and digital signage as well as the acquisition and development of the Workvivo employee engagement app. Zoom Workplace Q1 FY 2025 Earnings Presentation, 20 May 2024 In March 2024, the company announced Zoom Workplace, an AI-powered collaboration platform designed to help customers streamline communications, improve productivity, increase employee engagement, and optimize in-person time. The platform includes a well-known range of video conferencing solutions such as Meetings, Chat, Phone, Mail, and Calendar. Upgraded or new applications for workplace management in the Spaces software suite include: Rooms: A dedicated hybrid and in-person meeting management solution similar to […]

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