In the Covid-19 crisis, Income of Zoom has increased!

in #technology4 years ago

The use of video calls has increased worldwide in Corona situations. as a result, it increased the income of video meeting service provider Zoom. According to the Zoom authorities, their profit for the quarter ended April 30 was 27 million US dollar and Income has increased by 169 percent.
The Covid-19 crisis has created quite a demand for the use of zoom. According to the last quarter's calculations, zoom has generated 2,65,400 subscribers, which is 354 percent more than in 2019.
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But some technology analyst said it is important to remember that Zoom has seen a sudden increase in subscribers this year. Many are becoming customers in a relatively short-term need. When there is no social distance, many people will leave this platform and go to meet directly.

As well as increasing Zoom's revenue but questions arise about the security and privacy of the platform. Zoom was originally created to target employees in the IT department who have to work with special security features. However, when the epidemic started, everyone jumped on the platform. The company is now focusing on security and privacy. Zoom authorities have to deal with regulators like the U.S. Federal Trade Commission. Video conferencing provider Zoom plans to strengthen encryption as a special security for video calls.