Zoom Communications, Inc. - Class A Common Stock (ZM)
Competitors to Zoom Communications, Inc. - Class A Common Stock (ZM)
Cisco CSCO -4.04%
Cisco offers Webex, a comprehensive video conferencing and collaboration platform that directly competes with Zoom. Cisco leverages its long-standing reputation in network and security solutions to provide enterprise-level security and reliability, which appeals to corporate clients looking for secure and scalable solutions. While Cisco has a strong reputation and a vast install base in networking, Zoom's user-friendly interface and rapid adoption during the pandemic give it a competitive edge.
Google GOOGL -2.28%
Google competes with Zoom primarily through its Google Meet service, which is part of the Google Workspace suite. Google Meet has gained traction, especially among existing users of Google's productivity tools, thanks to its seamless integration with other Google services such as Gmail and Calendar. However, while Google has significant resources and user adoption, Zoom's focus on a dedicated video conferencing experience allows it to maintain a strong user preference based on performance and ease of use.
Microsoft MSFT -3.15%
Microsoft competes with Zoom through its Teams platform, which integrates video conferencing, messaging, and collaboration tools within Microsoft 365. This integrated approach allows Microsoft Teams to benefit from existing customer relationships with enterprises that already use Microsoft's suite of products. Given Microsoft's strong foothold in the enterprise software market and its extensive resources for continuous improvement, it is positioned as a formidable competitor to Zoom.
RingCentral RNG -6.95%
RingCentral provides a cloud-based communication platform that includes video conferencing, which competes with Zoom. The company focuses on delivering comprehensive VoIP services along with collaboration tools, making it appealing to businesses that prioritize integrated communication solutions. While RingCentral has a strong institutional focus and partnerships, Zoom's ease of use and brand recognition in video conferencing spaces currently give it an advantage in capturing users who prioritize video quality and simplicity.
Slack
Slack, now owned by Salesforce, incorporates video conferencing capabilities in addition to its primary focus on team communication and collaboration. Although its main competitive edge is its messaging and integration features, it competes with Zoom by offering video conferencing as part of its services, particularly for teams already using Slack for communication. However, Zoom is generally recognized for its dedicated video conferencing technology, which tends to deliver superior performance in that specific area.