Zoom Named Frost & Sullivan’s Company of the Year in the Global Video Conferencing Industry
SAN JOSE, Calif., Dec. 06, 2018 (GLOBE NEWSWIRE) -- Zoom Video Communications, Inc. today announced that analyst firm Frost & Sullivan has named it the 2018 Company of the Year in the Global Video Conferencing Industry.
The selection of this award is derived from primary market analysis and in-depth interviews conducted by the Frost & Sullivan industry analyst team. The Company of the Year Award selection process is based on excellence in growth, innovation, and leadership. Specifically, superior performance in three key areas — demand generation, brand development, and competitive positioning — play a crucial role when selecting the Company of the Year.
According to Frost & Sullivan, “Zoom takes a measured approach to product development. The company does not rely on bells and whistles that make its products bloated and complex; instead, it carefully evaluates new features to ensure that they add value but do not compromise usability. Along those lines, Zoom has been leading the industry with many innovations.”
“We are honored to receive this award from Frost & Sullivan, especially considering the thorough and precise market analysis they performed to rank the industry players,” said Eric S. Yuan, founder and CEO of Zoom. “Our team will continue to work hard to maintain our status as a global video conferencing leader and keep delivering happiness to our valued customers and partners.”
To read Frost & Sullivan’s in-depth analysis of Zoom and the video conferencing market, download the full report here.
About ZoomZoom provides an easy, reliable cloud platform for video and audio conferencing, collaboration, chat, and webinars across mobile devices, desktops, telephones, and room systems. Founded in 2011, Zoom helps businesses and organizations bring their teams together in a frictionless environment to get more done. Zoom Rooms, the software-based conference room solution, features video and audio conferencing, wireless content sharing, and integrated calendaring running on off-the-shelf hardware. Zoom Rooms suit any meeting or collaboration space, from small huddle rooms to world-class training centers. Zoom is a private company headquartered in San Jose, CA. Visit zoom.us and follow @zoom_us.
About Frost & SullivanFrost & Sullivan, the Growth Partnership Company, enables clients to accelerate growth and achieve best-in-class positions in growth, innovation and leadership. The company’s Growth Partnership Service provides the CEO and the CEO’s Growth Team with disciplined research and best-practice models to drive the generation, evaluation and implementation of powerful growth strategies. Frost & Sullivan leverages almost 50 years of experience in partnering with Global 1000 companies, emerging businesses and the investment community from more than 40 offices on six continents.
Press ContactPriscilla BaroloCommunications Manager for Zoom firstname.lastname@example.org