I have not seen mention of RNG as a competitor to ZM. This new partnership sounds a lot like what ZM phone does. This to me is further confirmation of the New WFH world. RingCentral, Inc. is a provider of software-as-a-service (SaaS) solutions for businesses to support modern communications.
“Together the companies will create a new co-branded, cloud-based service that will be the lead Unified Communications as a Service (UCaaS) solution for Vodafone Business, and also offer Contact Center as a Service (CCaaS) to Vodafone Business customers.” “Together with RingCentral we can transform ways of working, improve business processes, and help companies become ready for a future of increased remote and flexible working.”
View source version on businesswire.com: https://www.businesswire.com/news/home/20201202005367/en/
RNG is up 5% on this deal which will only be available to start in the UK. This shows a significant international opportunity for ZM.
Vodafone Business and RingCentral will initially introduce new services to customers located in the United Kingdom
Gartner has recognized RingCentral as a Leader in the 2020 Magic Quadrant for Unified Communications as a Service, Worldwide report.
I also would like to know how ZM fits in with Slack and if Slack uses ZM as a platform, Salesforce buying Slack may provide additional support in the competition with MS Teams, since CRM is growing competition to MSFT.
Trying to figure out Zooms platform and opportunities?