Videoconferencing platform Zoom has had a blockbuster 12 months, with its inventory worth rising greater than 500 % as a result of unprecedented surge in distant work introduced on by the coronavirus pandemic. However now the corporate is trying to increase past office video chat and into new territories, particularly e-mail and calendar companies, based on a new report from The Information.
The corporate is already engaged on the e-mail product, which the report states might be an online e-mail service Zoom might start testing as early as subsequent 12 months. The calendar app seems farther off and it’s unclear if growth has even began. However each concepts are good avenues for Zoom to discover, particularly if firms begin bringing staff again to the workplace and reliance on videoconferencing declines as COVID-19 vaccine distribution picks up via 2021.
Lots of Zoom’s main opponents are videoconferencing platforms bundled as a part of broader enterprise app suites, with the 2 largest ones belonging to Microsoft with its Workplace 365 platform and Google with its competing Workspace bundle. Each of these platforms provide calendar, e-mail, and videoconferencing merchandise, so it is smart Zoom would look to e-mail and calendar to attempt to spherical out its choices and make Zoom much less of single-purpose platform.
The Info’s report has quite a lot of different telling indicators the corporate is concerned with constructing a full enterprise app suite, together with job postings for “thrilling chat options” and its current integrations with different apps like Asana and Dropbox. However there’s all the time the likelihood the corporate decides to attend and see how the shift again to workplace work impacts companies and whether or not distant work stays a distinguished issue of life properly into the long run. Zoom didn’t instantly reply to a request for remark.