Zoom could be set to launch its own email app and calendar app
Following claims that the corporation is working on a variety of new software solutions, it may soon become more difficult than it has ever been to get away from Zoom. According to a report from The Information (opens in a new tab), the industry leader in video conferencing is in the process of developing an email service and a calendar app as part of its strategy to expand and establish itself as a leading software provider. According to reports, the so-called Zmail and Zcal services have been in development for around two years. They are supposed to come out in the next few weeks, which could give the company a huge chance to get new customers.
The action would have the goal of elevating Zoom to the same level as its most direct competitors in the video calling market, such as Microsoft and Google, who both produce and operate similar services. In November, the firm will be holding its Zoomtopia conference, and it is possible that this will be the time when the new services are discussed. It seems like releasing a calendar app would be an easy next step for Zoom, which could then integrate a service that allows for scheduling and planning across all of its apps. Email, on the other hand, may prove to be more challenging given that services such as Gmail and Outlook dominate a significant portion of the market for business email.
After experiencing a significant increase in popularity during the epidemic, many people who follow the industry anticipated that Zoom would struggle once workers returned to the office. Nevertheless, in spite of rising competition from services such as Microsoft Teams and Google Meet, the company’s performance has remained solid throughout the course of the most recent few months. The company’s most recent financial statistics (opens in a new tab) showed that it had revenues of $1.1 billion for its Q2 2023, which was an increase of 8%. Additionally, the number of customers paying more than $100,000 for memberships increased by 37% year-on-year.
Additionally, the company just revamped its messaging app in an effort to compete with other popular messaging apps such as Slack and Microsoft Teams. The product that will soon be called Zoom Teams Chat will have features like text chat during video calls, faster meeting setup, a new Reminders tool, support for Progressive Web Apps, and better integration with third-party apps.