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Zoom CEO Eric Yuan: coronavirus will change video-conferencing market - Business Insider

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The CEO of Zoom says that the coronavirus outbreak is going to drive way more companies to remote work even after it's all over

Zoom CEO Eric Yuan said that he expects the coronavirus outbreak to show companies that remote working is the future, and it will "dramatically change the landscape."

"We have definitely seen an uptick in usage, but a lot of that is on the free side, so it's very early to tell whether or not that's going to convert long term into paying customers," CFO Kelly Steckelberg said.Click here for more BI Prime storiesZoom CEO Eric Yuan said that he expects the coronavirus outbreak to change the landscape for videoconferencing tools, as more companies start to have employees work remotely in a bid to stem the spread of the virus.

However, Yuan said that even before coronavirus started driving more remote work, it was a trend that was already gaining popularity, especially in Silicon Valley. Companies like Zapier and GitLab have all-remote workforces, something many see as one way work will change in the future. "We have definitely seen an uptick in usage, but a lot of that is on the free side, so it's very early to tell whether or not that's going to convert long term into paying customers," Steckelberg said.

 

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Wish I invested

kathrynacullen Pity it takes so much drama to get people to make common sense choices.

Good.

kathrynacullen true. i’m a teacher and we’re training now to move our classes to office 365 teams

👍

good it's about time

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