Zoom Video to soon appear on Amazon, Facebook, and Google smart display devices

The video conferencing specialist is broadening its reach into the home office.

| More on:
woman sitting and working on computer

Image source: Zoom Video Communications

You’re reading a free article with opinions that may differ from The Motley Fool’s Premium Investing Services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Learn More

This article was originally published on Fool.com. All figures quoted in US dollars unless otherwise stated.

Zoom Video Communications (NASDAQ: ZM) is taking advantage of the boom in working from home due to the coronavirus pandemic by announcing its videoconferencing software will soon be available on popular smart displays from Amazon.com, Inc. (NASDAQ: AMZN), Facebook, Inc. (NASDAQ: FB), and Google (NASDAQ: GOOGL).

Zoom on Portal from Facebook should be available next month, while capabilities for Amazon's Echo Show and Google's Nest Hub Max will be available by the end of the year.

Dialing into the home office

Zoom launched its Home product last month, and it ties together with its hardware-as-a-service (HaaS) program to let businesses outfit their employees with affordable conferencing and collaboration equipment.

It recently announced its Zoom Phone cloud phone service was now available in 40 countries around the globe.

The video communications specialist cites a Morning Consult study that shows working from home has tripled compared to before the COVID-19 pandemic, and a third of workers would upgrade their home office setup if their employers subsidized the cost.

Nearly half (47%) of employers intend to allow employees to keep working full-time from home going forward, and adding Zoom Video capabilities to products people might already have in their homes would certainly expand its utility.

At the same time, Facebook is also looking to tap into the work-from-home trend, separately announcing that beyond its own Workplace collaboration tool and the addition of Zoom functionality, it has also partnered with BlueJeans, GoToMeeting, and Webex for even more videoconferencing options on Portal.

Facebook says Workplace on Portal also includes Portal TV and it is now adding backgrounds for video calls.

This article was originally published on Fool.com. All figures quoted in US dollars unless otherwise stated.

Rich Duprey has no position in any of the stocks mentioned. John Mackey, CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool’s board of directors. Suzanne Frey, an executive at Alphabet, is a member of The Motley Fool’s board of directors. Randi Zuckerberg, a former director of market development and spokeswoman for Facebook and sister to its CEO, Mark Zuckerberg, is a member of The Motley Fool's board of directors. The Motley Fool Australia's parent company Motley Fool Holdings Inc. owns shares of and recommends Alphabet (A shares), Amazon, Facebook, and Zoom Video Communications and recommends the following options: short January 2022 $1940 calls on Amazon, long January 2022 $1920 calls on Amazon, and short August 2020 $130 calls on Zoom Video Communications. The Motley Fool Australia has recommended Alphabet (A shares), Amazon, and Facebook. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

More on International Stock News

A man looking at his laptop and thinking.
International Stock News

Why Alphabet stock was sliding today

Let's take a look.

Read more »

A man looking at his laptop and thinking.
International Stock News

Nvidia's stock was down despite its amazing earnings. Here's what history says is coming next

Although it might seem to defy logic, it's not an uncommon phenomenon.

Read more »

A woman holds a soldering tool as she sits in front of a computer screen while working on the manufacturing of technology equipment in a laboratory environment.
International Stock News

Nvidia share price slips despite 94% revenue growth

Q3 earnings beat expectations, but what about guidance?

Read more »

high, climbing, record high
International Stock News

Could the S&P 500 Index hit 6,500 by the end of 2025?

Could the index climb higher?

Read more »

a small child holds his chin with his head on the side in a serious thinking pose against a background of graphic question marks and a yellow lightbulb.
International Stock News

Is it too late to buy Nvidia shares?

Is Nvidia stock a buy ahead of its third-quarter earnings report tomorrow?

Read more »

a group of people stand examining a large glowing cystral ball held in the hands of one of the group members while the others regard it with various expressions of wonder, curiousity and scepticism.
International Stock News

Here's what to expect from Nvidia on November 20

Can Nvidia score another win?

Read more »

Two people lazing in deck chairs on a beautiful sandy beach through their hands up in the air.
International Stock News

2 no-brainer Warren Buffett stocks to buy right now

While replicating Buffett's success isn't possible, there are a handful of his investments that are no-brainer buys.

Read more »

A man with a beard and wearing dark sunglasses and a beanie head covering raises a fist in happy celebration as he sits at is computer in a home environment.
International Stock News

3 reasons to buy Nvidia stock before November 20

This week marks a big moment for tech investors as perhaps the most anticipated earnings of the year will be…

Read more »