Zoom: The Next Step in Video-Conferencing

By Michael Cintolo, Vice President of Investments and Chief Analyst, Cabot Heritage Corporation:

Among the market’s recent IPOs, we’re most intrigued by Zoom Video (ZM), which is playing in a massive market, sports lightning fast growth and has a stock that’s well traded (north of $100 million per day), observes technology expert Mike Cintolo, editor of Cabot Top Ten Trader.

The company looks like a disruptive player in the video conferencing market, which, despite being around for years, is still riddled with issues; one firm estimates 94% of virtual meetings are still audio only because current solutions have too many snafus.

Zoom’s solution is built from the ground up as a cloud-native, video-first platform that includes proprietary multimedia router optimized for the cloud and a global architecture.

Read More: https://www.moneyshow.com/articles/global-51603/zoom-the-nex…



All told, the videoconferencing market is huge ($11 billion estimated in 2023), but the ultimate potential market could be quadruple that as Zoom’s solution catches on and more firms and entities are enticed to switch from audio to video.

They’re now valued at 2x the entire market. It’s hard to fathom this. So I guess ZM will have to help expand the market to justify the price.