Tag: zoom calls

Two Hours of Daily Meetings Is the Limit, Slack Survey of 10,000 Desk Workers Shows
Technology

Two Hours of Daily Meetings Is the Limit, Slack Survey of 10,000 Desk Workers Shows

[ad_1] Spending more than two hours a day in meetings can hurt productivity, a new survey found, putting a ceiling on an element of the daily grind that many workers have come to dread.    The survey of more than 10,000 desk workers globally from Salesforce-owned Slack Technologies found that two hours of meetings was the tipping point for most. Those who said they spent too much time on Zoom calls or in conference rooms were more than twice as likely to say they didn't have enough time to focus on work that matters, instead of meetings. More than half of executives polled said they had too many meetings, while 27% of rank-and-file workers said the same. A surfeit of meetings can force people to get tasks done after hours, something that about two out of five workers do at least once a ...
Zoom Adds Features Like Document Editing in Bid to Compete With Microsoft
Technology

Zoom Adds Features Like Document Editing in Bid to Compete With Microsoft

[ad_1] Zoom Video Communications Inc. is adding word processing to its suite of tools and experimenting with novel features for meetings as it faces steep competition from Microsoft Corp.'s Teams.Collaborative document editing, similar to Alphabet Inc.'s Google Docs, will be made available in Zoom next year, the company announced Tuesday ahead of its annual conference. What sets the tool apart is the ability to include information and artificial intelligence-generated summaries from Zoom meetings, Chief Product Officer Smita Hashim said in an interview. The company's fiscal-year revenue jumped more than fivefold to $4.1 billion from 2020 to 2022 as Zoom became an essential tool during the pandemic. But that explosive growth ended as offices reopened and competition intensified. Analysts...
Zoom Boosts Outlook With Move Beyond Video Calls
Technology

Zoom Boosts Outlook With Move Beyond Video Calls

[ad_1] Zoom Video Communications Inc. raised its annual forecasts, a sign of progress on its effort to sell more products to large enterprise customers. The shares gained about 4% in extended trading.Revenue for the year ending in January 2024 will be as much as $4.5 billion, the company said Monday in a statement. In May, Zoom projected annual sales of about $4.48 billion. Annual earnings, excluding some items, will be $4.63 to $4.67 a share, compared with a previous forecast of $4.25 to $4.31. Investors have been concerned about the stagnation of Zoom's once-explosive sales as the company's central videoconferencing software is challenged by major rivals, such as Microsoft Corp. Zoom's plan to resuscitate growth hinges on expanding its tools for large businesses, such as phone platfor...
Bosses Say Nearly Half of Meetings Should Disappear
Technology

Bosses Say Nearly Half of Meetings Should Disappear

[ad_1] Tired of attending useless meetings? Turns out, your boss is probably sick of them, too.Executives spend an average of 25 hours a week in meetings, yet nearly half of those Zoom calls and project updates could disappear without any negative impact, according to a survey of more than 10,000 desk workers by Future Forum, a research consortium backed by Salesforce Inc.-owned Slack Technologies. The top reason why business leaders go to unproductive meetings is that they thought it would be a good use of time, but ultimately wasn't. They also attend because they're afraid to miss something important, and to show their own manager they're working, the survey found. For those lower down the corporate ladder, the most common reason for showing up is obvious: They don't have a choice. T...