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ZOOM VIDEO COMMUNICATIONS, INC.

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The Value of Customer Feedback: Your Words Help Make Zoom Better!

10/13/2021 | 05:33pm EST
The Value of Customer Feedback: Your Words Help Make Zoom Better!
Zoom

October 13, 20215 min read

Our mission is to connect the world so you can do more together. And you have - over the past 10 years, customers have used Zoom to create, run, and grow businesses of all sizes, from startups to enterprises.

Your support means the world to us, but it's your feedback that keeps us innovative and focused on our mission - and makes a direct impact on our platform.

As our Chief Product Officer Oded Gal said during Zoomtopia 2021, our annual customer conference, "A fundamental part of how we at Zoom innovate involves listening to you, our customers, and responding to your needs." In fact, many Zoom features released in the last year were in response to immediate customer needs!

Customer reviews and ratings allow us to hear from you as individuals and as a collective voice. We're proud to share some of our recent recognitions and reviews below.

Ratings & recognitions

Our customers turn to trusted review sites like Gartner Peer Insights, G2, and TrustRadius to share their feedback and rigorously evaluate and vet the solutions they use. These sites often recognize highly rated solutions to help consumers with their software purchasing decisions. Take a look at how we stack up.

Gartner Peer Insights [Link]

We're honored to be recognized as a Gartner Peer Insights' Customers' Choice for 2021 in Meeting Solutions.1

G2

On G2, our customers have shared more than 11,000 reviews of Zoom! Based on customer feedback, we are recognized as a Leader with the top overall G2 Score in every category we are listed:

We were also ranked as a Leader in all 16 Regional Grid Reports for Video Conferencing.

[Link] TrustRadius [Link]

On TrustRadius, our customers named us the Top Rated Web and Video Conferencing Software and Top Rated Unified Communications as a Service (UCaaS) Product.

TrustRadius platform data from July 2021 showed that Zoom led reviews in overall satisfaction. When submitting a review of Zoom, when customers were asked if Zoom lived up to their sales and marketing promises, 80% said yes.

Hear directly from our customers

Peer reviews can help consumers and B2B decision-makers make informed decisions about the products and services they buy. But more than that, reviews capture the voice of our customers, which helps us drive innovation and process improvements that deliver happiness.

Here's what our customers are saying:

"Zoom started as a concept effort that was deployed to 300 IT team members to pilot. It was quickly adopted as part of the organization's communication structure and was deployed to over eight thousand team members in a matter of two weeks. Zoom just works! The audio, video, intuitive client experience, security offerings, meetings, webinars, Zoom Phone, and administrative consoles make this a staple in our critical communications solutions."

Manager, Unified Communications, Gartner Peer Insights reviewer

"Zoom is easy to use and has great performance in sound quality. The Zoom Phone feature also allows us to manage the phone number assignment to any user easily on [an] SaaS platform. The Zoom Rooms product was a great tool that turns a touchscreen TV into a digital board cheaply. … Zoom solved our video conference challenges during the COVID-19 pandemic. Zoom Phone replaced our onsite legacy phone system and made phone system management much easier."

Administrator in Telecommunications, G2 reviewer

"Zoom was deployed at Moffitt to address communication and collaboration needs for the organization. Zoom features include instant messaging, meetings and collaboration, Zoom Rooms, and webinars. There are many use cases that we have applied across the organization and continue to find additional areas that we can improve workflow and communication in the environment. … As we evaluated Zoom Rooms, we needed a solution that was easy to use, implement, and provided improved collaboration with internal and external recipients/attendees with a simple way of sharing content, Zoom Rooms was that solution. … We are in a pilot with Zoom Phone but thus far the quality of service is very good. The flexibility and ease of deployment have been very easy and offer features that are comparable and in many ways much easier to use and deploy than our existing platform."

Manager, Unified Communications, TrustRadius reviewer Thank you!

We wouldn't be where we are today without you. As our founder and CEO, Eric S. Yuan, said at Zoomtopia 2021, "We strongly believe that innovation must be purposeful, and that it must serve the needs of our customers." That mindset is what enables us to deliver happiness every day.

Thank you for trusting us for your most important communications, and for giving us feedback that helps us improve our platform and organization.

If you'd like to share your experience using Zoom, submit a review to Gartner Peer Insights, G2, or TrustRadius.

1 Gartner, Gartner Peer Insights 'Voice of the Customer': Meeting Solutions, Peer Contributors, 11 March 2021

The GARTNER PEER INSIGHTS CUSTOMERS' CHOICE badge is a trademark and service mark of Gartner, Inc., and/or its affiliates, and is used herein with permission. All rights reserved. Gartner Peer Insights Customers' Choice constitute the subjective opinions of individual end-user reviews, ratings, and data applied against a documented methodology; they neither represent the views of, nor constitute an endorsement by, Gartner or its affiliates.

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Disclaimer

Zoom Video Communications Inc. published this content on 13 October 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 13 October 2021 21:31:08 UTC.


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Analyst Recommendations on ZOOM VIDEO COMMUNICATIONS, INC.
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Financials (USD)
Sales 2022 4 082 M - -
Net income 2022 1 098 M - -
Net cash 2022 2 932 M - -
P/E ratio 2022 51,5x
Yield 2022 -
Capitalization 54 807 M 54 807 M -
EV / Sales 2022 12,7x
EV / Sales 2023 10,6x
Nbr of Employees 3 871
Free-Float 70,2%
Chart ZOOM VIDEO COMMUNICATIONS, INC.
Duration : Period :
Zoom Video Communications, Inc. Technical Analysis Chart | ZM | US98980L1017 | MarketScreener
Technical analysis trends ZOOM VIDEO COMMUNICATIONS, INC.
Short TermMid-TermLong Term
TrendsBearishBearishBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 28
Last Close Price 183,92 $
Average target price 304,73 $
Spread / Average Target 65,7%
EPS Revisions
Managers and Directors
Eric S. Yuan Chairman, President & Chief Executive Officer
Kelly S. Steckelberg Chief Financial Officer
Harry D. Moseley Global Chief Information Officer
Brendan Ittelson Chief Technology Officer
Aparna Bawa COO, Chief Legal Officer & Secretary
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