Zoom posts first billion dollar revenue in a single quarter
During the second fiscal quarter ended 31 July, the company’s total revenue reached $1.021 billion, up 54% year-over-year.
Zoom buys cloud contact centre firm Five9 for $14.7bn
The acquisition is expected to enhance Zoom’s enterprise presence and accelerate its growth by adding the $24 billion contact centre market.
Oracle beats revenue estimates as cloud business booms
The enterprise software giant’s fiscal Q1 sales rose to $9.37 billion, boosted by its enterprise cloud solutions and a strategic partnership with Zoom.
eDisciples debuts video-conferencing service for churches
The new online church management system helps South African congregations run virtual services and automates admin tasks.
Zoom taps Oracle cloud to support dramatic user surge
The video-conferencing platform side-steps Google Cloud, Amazon Web Services and Microsoft Azure to select Oracle cloud to support the rise in call volumes.