Tag: Zoom

  • Zoom’s growth slows further after initial pandemic-induced boom

    Zoom’s growth slows further after initial pandemic-induced boom

    Zoom is seeing slower growth after its initial pandemic-induced boom, with a year-on-year increase of 8 per cent to just under 1.1 billion dollars in the most recent quarter.

    The video conferencing service announced the latest figures for the second fiscal quarter to the end of July after the U.S. stock exchange closed on Monday.

    Profit fell to 45.7 million dollars from 316.9 million dollars a year ago. One reason cited was the significant increase in marketing expenses.

    Zoom was originally developed for corporate use but it suddenly became a mass market product during the coronavirus pandemic as stay-at-home orders came into force across the globe.

    Companies turned to the software to keep home offices running and consumers used it for other purposes including family communication and yoga classes.

    The explosive growth the firm saw began levelling off as coronavirus restrictions were wound down.

    Zoom is now seeking new growth by focusing on large enterprise customers and call centre business, as well as leveraging its strong position in video conferencing to offer phone services to corporate customers as well.

    The firm said the past quarter was the best yet for Zoom Phone.

    A decline of 7-8 per cent is expected for the current fiscal year in Zoom’s online business, which is primarily from consumers and small businesses.

    Zoom previously expected revenues to stay consistent.

    Zoom lowered its revenue forecast for the fiscal year to just under 4.4 billion dollars to just over 4.5 billion dollars previously.

    The stock went down by around 8 per cent in after-hours U.S. trading.

  • Zoom triples revenue

    Zoom triples revenue

    Zoom on Wednesday said it was still profiting massively from the pandemic-induced shift to working life, almost tripling its revenue in the last quarter.

    The profits jumped to 227.4 million dollars from 27 million dollars a year earlier, Zoom reported after the U.S. stock market closed on Tuesday.

    The video conferencing service saw revenue jump by 191 per cent to 956.2 million dollars in the first fiscal quarter of the year, which ended in late April.

    The figures easily exceeded analysts’ expectations.

    Zoom is also preparing for many workers to return to its offices.

    Chief executive Eric Yuan’s plans include positioning Zoom for use in businesses as a phone service as well as a video conference platform.

  • Zoom Meeting Gone Wrong: Lawyer caught having s3x during virtual court hearing [Video]

    Zoom Meeting Gone Wrong: Lawyer caught having s3x during virtual court hearing [Video]

    A Peruvian lawyer is now facing an investigation after being caught stripping naked and having sex during a Zoom court hearing.

    Hector Paredes Robles was branded a disgrace to his profession by the judge presiding over the virtual hearing after launching into his X-rated performance while his camera was on.

    Extraordinary footage showed him stripping off and sitting on his chair so a naked woman could straddle him as astonished court officials and other lawyers looked on in Peru.

    Watch video

    (Click here to watch video)

    Judge John Chahua Torres who presided over the virtual hearing, described Hector Paredes Robles as a branded a disgrace to his profession and summoned a police officer as a female aide tried to alert Paredes Robles that his sex session was being watched and recorded on a public live feed.

    Ruling on the case as the lawyer who was expected to defend one of the detainees held after an operation against an organised crime gang was still having sex, Judge Torres said;

    “We are witnessing obscene acts which represent a violation of public decency and are aggravated by the fact they are being recorded nationally.”

  • How to use Zoom for your virtual meetings

    How to use Zoom for your virtual meetings

    Virtual meetings are increasingly becoming a necessity amid the Coronavirus disease (COVID-19) pandemic.

    While people preferred to meet their clients offline just a couple of months ago, a large number of professionals have now opted for online solutions to stay connected amid the lockdowns imposed around the world.

    At the same time, there are many schools and educational institutions that have started using video conferencing apps to connect with their students virtually.

    Zoom has emerged as one of the popular solutions for video conferencing. One of the reasons behind its popularity is cross-platform support.

    Zoom lets you join an existing meeting without having to sign up. You can sign in to your Zoom app to start a new meeting. The Zoom app also let you schedule a future meeting.

    Zoom is available for both mobile and desktop users.

    Wondering how to use Zoom, here is a step-by-step guide on how to use the meeting app on your computer.

    How to join a Zoom meeting (Press Play)

    Joining a Zoom meeting is quick and easy! Discover the options for joining meetings based on your requirements and to ensure the best meeting experience possible.

    https://youtu.be/hIkCmbvAHQQ

    How to schedule a Zoom meeting

    Learn the few steps to properly schedule a Zoom meeting.

    https://youtu.be/XhZW3iyXV9U

    How to configure Audio/Video

    Learn the options for joining and configuring Zoom’s audio and video settings.

    https://youtu.be/-s76QHshQnY

    Meeting controls

    Get a quick introduction to the basic meeting controls available on Zoom calls.

    https://youtu.be/ygZ96J_z4AY

    Sharing your screen

    This video covers screen sharing and related Zoom collaboration tools.

    https://youtu.be/YA6SGQlVmcA

    Record a Zoom meeting

    Zoom offers easy recording. Learn how to make a recording and configure the recording settings.

    https://youtu.be/lZHSAMd89JE

    User management

    Learn how to easily manage your Zoom users.

    https://youtu.be/YUnCzhIIsJM

     

    Have a question? Leave a comment below…

  • How the booming demand for Zoom is changing our virtual world – Ehi Braimah

    How the booming demand for Zoom is changing our virtual world – Ehi Braimah

    By Ehi Braimah

    It is Saturday morning (May 23, 2020) and I have just finished using Zoom, the hottest app in town, to participate in a training session facilitated by Olumide Ajomale; a coach, mentor, management consultant and fellow parishioner of Archbishop Vining Memorial Church Cathedral (AVMCC), GRA, Ikeja, Lagos. The training which focused on how you can creatively transform your business through innovation was held under the auspices of the Economic Empowerment Programme (EEP) of the church.

    The world is changing and we must also adapt to changes taking place – new ways of doing businesses and engagement are emerging including the use of Zoom application for video conferencing and teleconferencing. “Creativity is thinking up new things; innovation is doing new things,” asserted Theodore Levitt (1925 – 2006). Levitt was an American economist and professor at Harvard Business School whom Olumide cited during his presentation to fire up the imagination of participants and get their creative juices flowing. If we paraphrase Levitt, innovation is the implementation of a creative idea – it could be improvement on an existing idea or the development of a brand new idea.

    When COVID-19 pandemic upended the world on a scale never seen in over 100 years, most businesses have been pivoting in new directions in search of new opportunities enabled by technology. Necessity, we’re told, is the mother of all inventions. As a technology platform for virtual meetings, Zoom gained critical mass due to the global lockdown. Available statistics indicate that Zoom has added 2.2 million new users so far this year – less than five months –whereas in 2019, it added 1.19 million new users to its data base. The lockdown and compulsory isolation forced organisations to work with their clients and employees online through video conferencing and teleconferencing – everyone was working from home. It turned out to be a golden opportunity and great fortune for the founder and shareholders of Zoom. I cannot recall how many times I have used the Zoom app for different meetings since the coronavirus lockdown began but the good thing about our virtual world is that everyone – young and old – are becoming more techie. There are free online courses in digital marketing as we begin to learn new skills for a brand new world. WhatsApp and FaceTime video calls have also become popular and they are free; all you need is internet access through wi-fi or by purchasing a data bundle. Sending emails has replaced most of the work at the post office – is there anyone today without an email account?

    Suddenly, in the video conferencing category, Zoom is now clearly the leader and number one brand in the mind, overtaking Skype, Cisco Webex, FaceTime, Houseparty and Microsoft Teams. With the incredible surge in popularity, Zoom now records over 300 million users daily around the world compared to 10 million daily users pre-lockdown scenario. With a market cap of $48.8 billion as at May 2020 compared to a valuation of $46.2 billion of the world’s top airlines by revenue including Southwest Airlines, Delta, United, IAG, Lufthansa, American and Air France, Zoom – which went public in April 2019 — has changed the face of business meetings and global communications/engagements through video conferencing. Zoom is now one of the most downloaded apps on Google Play and App Store.

    Zoom is actually popular because of the free package embedded in the application, and it is easy to use but competitors are making moves to catch up. Google recently opened up their meeting platform for free which will make the number search engine brand in the world a major contender in the same category. Cisco Webex, another strong contender in the category, develops and sells web and video conferencing applications, and it is based in Milpitas, California, USA. Most of the leading tech brands are owned by American companies, making the United States the home of innovative technologies in the world.

    But there’s more to the use of video calling apps than doing business meetings: we have religious and social events, remote learning, family connections, and so on. When Bashorun Dele Momodu, the publisher of Ovation International, turned 60 recently, a “Zoom Party” was organised for him: family, friends and well-wishers — both at home and abroad — marked the birthday live with prayers, music and entertainment by using the Zoom app. The world is now truly a global village!

    In order to understand the Zoom app better, I scoured the internet and posed questions to my communications and ICT friends. “Zoom meetings are cloud based video conferencing applications used primarily by businesses to host meetings,” stated Toju Ogbe, a global PR strategist, based in the UK. “If anything, Zoom is a case of chance; it rode the wave of the global lockdown and led a trend that some might call ‘revolutionary’, but that assertion is debatable. Zoom offers free video conferencing with limited capabilities and COVID-19 made demand for their platform to sky rocket,” Ogbe explained. Expressing his opinion further, Ogbe noted that Skype is the biggest loser because they were way ahead and should have done what Zoom is doing today. “From my personal experience, Zoom works very well and it is easy to use. However, there are issues about its security, and in the enterprise space, Cisco Webex and Microsoft Teams may be more credible,” Ogbe concluded.

    In his own contribution, Adeyinka Adeosun, an ICT expert and graduate of computer science with economics from Obafemi Awolowo University, Ile-Ife, said Chams, a Nigerian company, pioneered video conferencing, teleconferencing and computer maintenance way back in 1992 in the country. “I was doing my industrial training at Chams at the time. The company also pioneered smart card technology, electronic purse, value card which is now today’s ATM card, PVC card and computer networking. Mr Demola Aladekomo, founder of Chams, introduced BVN to Nigerian banks,” recalls Adeosun. “Zoom meetings are quite popular in Nigeria just like Yahoo and Gmail accounts. Before now, we used Skype video calls more but that has changed with the advent of Zoom application. I have hosted many meetings using Zoom and participate in others including my Rotary Club’s weekly meetings,” Adeosun added.

    The security challenge Ogbe highlighted is a major drawback for Zoom in spite of its wide acceptance. The popularity notwithstanding, users are concerned about the vulnerability of the app and expert opinion suggests that Zoom must find ways of prioritizing user privacy and security over ease of use. It is essential users keep the apps of their desk tops and mobile devices up to date. However, from the security perspective, using Zoom on mobile devices such as iPad and Android phones may actually be a preferred option because they are constantly reviewed in the app store.

    Writing about the benefits and downsides of video calls in The Guardian, the British tabloid, Ammar Kalia said, “Video calls have become part of daily life since the pandemic hit, helping the locked down, especially elderly and disabled people, keep in touch and become more sociable; but there are downsides.” When psychologist Dr Doreen Dodgen-Magee spoke to Kalia, she said video calling is an essential but contentious part of our lives. “As social animals, we fail to thrive when we can’t have meaningful connections with others, so video calling is really important at that moment for helping us feel part of a community,” Dodgen-Magee observed.

    Continuing, the psychologist said: “Speaking over the video has its flaws; it is such a static way of connecting with people. We’re used to a full sensory experience, which is lost when we’re limited to a small square of someone’s face with audio delays. We also see our own faces, so there’s a constant sense of internal judgement on how we look and the distraction of where we should be looking.”

    Zoom Video Communications was founded in 2011 by Eric Yuan, a former Cisco Webex engineer. The company, based in San Jose, California, USA, provides video telephony and online chat services through cloud based peer-to-peer software platform and it is used for teleconferencing, telecommuting, distance learning and social interactions.

    Zoom was launched as software in 2013 – as recent as seven years ago. As a web based video conferencing application, Zoom can be used on desk top computers and mobile devices. Users can meet online with or without video and you can choose to record the sessions. You can hide your face without turning off your camera. Others can see you but you won’t be staring at yourself which takes care of the concern raised by psychologist Dodgen-Magee.

    The basic version of Zoom is free of charge for two users with unlimited time. However, the free version for up to 100 users will allow the meeting to last for only 40 minutes. The paid version starts from $14.99 (about N6,000) per month for each meeting host which can take up to 100 users, and a single meeting can last up to 24 hours; only the paid versions can be recorded. The meeting host is allowed to create personal meeting IDs for recurring Zoom meetings which can be recorded in the cloud or on users’ devices.

    FaceTime is a also a popular video calling app like Zoom but it is only enabled on Apple iOS device and Mac. However, Zoom works on nearly all the operating systems and the company has plans to allow for up to 1,000 participants to video chat together at the same time. This incremental innovation is expected because, with the upcoming challenge from strong competitors, especially Google, Zoom must raise its game and remain the dominant brand in the video conferencing/teleconferencing category.

    *Braimah is a public relations consultant and marketing strategist based in Lagos (ehi.braimah@brandimpact.ng)

  • JUST IN: Federal High Court adopts virtual court, permits Zoom, Skype, WhatsApp, email, others

    JUST IN: Federal High Court adopts virtual court, permits Zoom, Skype, WhatsApp, email, others

    The Federal High Court (FHC) of Nigeria has authorised judges to adopt virtual proceedings for court cases in all its judicial divisions.

    Chief Judge (CJ) Justice John Tsoho gave the direction in the new 2020 Practice Directions for the COVID-19 Period.

    But proceedings can only be held virtually with the consent of the parties and their counsels.

    Also, under the new rules, FHC judges cannot hear more than nine cases in a day.

    There were 36 Divisions of the court as at last July with 82 judges to hear over 200,000 pending cases.

    “Virtual proceeding is hereby adopted for adjudication in the Federal High Court.

    “Virtual proceedings can be either by Zoom, Skype or any other audio-visual platform approved by the Court,” the CJ said.

    Where parties and counsel agree to virtual proceedings in a case, he directed them to liaise with the court’s Registrar to schedule the hearings.

    Cases for virtual proceedings shall then be stated on the Cause List, posted on the FHC website and communicated to counsel and parties, either by e-mail or any other electronic means.

    The Judge and counsel in such proceedings must also be robed.

    The notice also responded positively to growing calls for technology to be infused in court proceedings.

    “Service of court processes may be effected by e-mails, WhatsApp or as may be directed by the Court, and shall be deemed as good service.

    “Service of hearing notices may be effected by e-mail, WhatsApp, text messages or as may be directed by the Court

    “The print out of same shall be sufficient proof of service,” it said.

    In keeping with federal and states COVID-19 regulations, the Chief Judge also made the wearing of face masks and maintaining of social distancing mandatory.

    “Face Masks must be properly worn by everyone within the court premises to cover their mouths and noses at all times.

    “Every person within the premises of the court and inside the court room shall observe the requirement of social and physical distancing of not less than 2 meters (6 feet) apart from each other,

    “At any given time, there shall not be a congregation of more than ten (10) within the Court premises, except for purposes of court sittings.

    “There shall not be more than twenty (20) persons inside the court room including the court staff and counsel at court sittings.”

    These Practice Directions came into effect on May 18, 2020.