Zoom Communications (ZM) announced that Zoom Phone, its AI-first, cloud phone system, recently surpassed 10 million seats globally. “Reaching 10 million seats isn’t just a milestone for Zoom, it demonstrates that organizations across the globe are rethinking what their phone system can do for their business,” said Chris Moss, general manager of Zoom Phone. “Customers are realizing tangible value via simpler management, reduced costs, and smarter interactions powered by AI. Zoom Phone isn’t just replacing old PBXs; it’s redefining what connected, intelligent communication looks like in the modern workplace.”
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ZM:
- Zoom Communications initiated with an Equal Weight at Wells Fargo
- Zoom Video Communications: Undervalued Stock with Growth Potential and Strategic AI Advantage
- Zoom Video Communications: Strategic Advancements and Growth Potential Highlighted by AI Innovations and Strategic Partnerships
- Zoom Communications price target raised to $110 from $102 at Benchmark
- Zoom Communications price target raised to $90 from $80 at Stifel
