While cities go for lockdown all over the world, people are looking for video conferencing as a solution.
Based in San Jose of California, Zoom Video Communications, a video conferencing brand, has been in full throttle over the last week. Zoom’s free iOS app has turned out to be the highest downloaded app in the Apple store.
Social distancing and work from home scenarios have increased the demand of video conferencing. Moreover, as educational institutions are moving to online platforms for e-learning, teenagers are becoming more fond of Zoom. The app had a record-hit 600,000 downloads on Sunday according to mobile app tracker, Apptopia.
Zoom foresighted the Coronavirus outbreak in China in January and has been gearing up for the global situation. It was a calculative move with regards to the dependency that was going to be created by its primary customers- desk workers on videoconferencing. So, Zoom started monitoring the scenario closely and has been hosting free sessions for training. For the people in China, the company has removed its free call limit of 40-minutes.
Amidst the crash of the stock market, Zoom has a spike in its shares, leading to the company’s ongoing value at $29 billion.