Zoom’s HD video and audio conferencing solution includes a long list of features: Zoom is now one of the top conferencing technology solutions, and, in 2019, the company had a wildly successful IPO. Yuan just insisted that, if Zoom’s quality was superior to that of other solutions, it would succeed. Many said Yuan was taking a huge risk to enter a market that was already crowded, and dominated by tech giants like Microsoft, Google and Cisco. His team worked for two years building the platform, to ensure it would have none of the technical quality issues that had dogged Webex. Finally, frustrated, Yuan left Cisco and started Zoom. Yuan was passionate about improving the platform and, for a whole year, asked Cisco’s management to let him rebuild it. Back in 2007, when Cisco acquired Webex, technical problems were rampant in the conferencing technology industry – and Webex was no exception. The company’s CEO, Eric Yuan, used to be a coder, then a lead engineer for Webex, a leading online meeting and video conferencing platform. See also 8 Excel Alternatives for Crunching Numbers and Creating Charts Here we’ve done some of the legwork for you, by comparing five of the most popular tools: Zoom, Skype, Discord, FaceTime and Google Hangouts. The website G2 provides ratings and reviews of almost 200 video conferencing solutions. As a result, video conferencing is a basic tool that almost every business needs.Īs demand for video conferencing solutions continues to grow, there are so many available that ranking them all is nearly impossible. Not surprisingly, research shows that video conferencing helps coworkers in various locations feel more connected, and increases productivity.
Today, companies are more globalized, remote working arrangements are more the norm, and the speed of commerce is faster than ever. Video conferencing allowed employees to meet, communicate and get work done without physically gathering in one place, which saved companies huge amounts of money and time. Even before working remotely became common, companies had multiple offices.
The primary reason for this explosive growth is that video conferencing has proven to be an invaluable communication tool in the business world. You know, the important stuff.Īlmost 30 years later, the video conferencing solutions market is worth billions of dollars, and growing. Or who was putting it back on the burner with only a few drops left in it. The reason? To remotely monitor a coffee pot. The first webcam was invented in 1991 at the University of Cambridge.
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