Interactive tools for the virtual meetings have got a boost during this pandemic of COVID-19. None has thought that these virtual tools for meetings would play an essential role in human life. Virtual meeting solutions have integrated themselves into almost everything, including Business, Education, and even health clinics. Our life is becoming the dependent on the use of these tools for the virtual meetings.
The enterprise feature of Google Meet (tool for the virtual meeting) is now immediately accessible to any Workspace and G Suite subscribers. Moreover, Zoom, another virtual meeting solution, allows almost 40 participants in a virtual meeting without any cost. As a result, zoom skyrocketed his income by 317% last year by providing these virtual meeting solutions.
Following the COVID-19 epidemic last year, working from home in the virtual meeting has become the norm. As a result, tools for virtual meetings, whether administrative and otherwise, became familiar and demanding. Nobody could have predicted that cheerful online chats would evolve into formal virtual meetings or online seminars. They are utilizing the latest and interactive tools for virtual meetings. Some of these tools include Microsoft Teams, Zoom and Google Meet.
Over the last year, the use of internet video conferencing in virtual meetings has increased enormously. This passage will look at how these tools for virtual meetings have helped individuals stay connected during this pandemic. Microsoft Teams, Zoom and Google Meet are the most popular cloud-based online video conference tools currently available.
Microsoft Teams is an interactive tool for virtual meetings
Teams is part of the Microsoft Office 365 subscription. Microsoft offers free and premium services that allow customers to host and record conversations with up to 250 guests. Moreover, this interactive tool for virtual Meetings does not limit the length of sessions.
Microsoft Teams encrypts data while it is in transit as well. Mainly, video, audio, and desktop sharing keep it in a certain number of technology centres. They use Private Real-time Transport Protocol. Screen sharing, connection with enterprise apps, dial-in capability with telephone, grid view, and subtitles using the speech-to-text feature available in these tools for virtual meetings. In just five months, Microsoft Teams grew by over fourfold, from 20 million users in November to 44 million in March 2020 and 75 million in April.
According to an estimate, a digital experience management business, Microsoft Teams usage grew faster than Zoom from February to June last year, as reported in Business of Apps. Microsoft Teams grew by 894% from March to June 2020. In 2020, it will have added 95 million new users. It now has 145 million daily active users, with over 500,000 organizations, up from 75 million the previous year. Furthermore, Microsoft Teams, combined with Microsoft office 365 and Dynamics, earned $6.8 billion in sales in 2020, another 700% increase year-over-year.
Zoom (Well-known solution for the virtual meetings)
Due to its easy-to-use features and good video and audio quality, Zoom is one of the most popular tools for virtual meetings. The free version of Zoom allows for a maximum of 100 attendees at each online meeting. Notably, it is including the host. However, a “big meeting” add-on feature boosts the figures by up to 500 participants in a single virtual meeting. Specifically, with the free plan, one can make unlimited calls, each lasting up to 40 minutes. Nevertheless, with a pro plan, the duration of time increases up to 24 hours. Moreover, one can easily record these virtual Meetings with Zoom.
Eric Yuan founded the Zoom video virtual meetings application in 2011. They started their services in January 2013. However, during the coronavirus outbreak, it became a well-known tool for the virtual meeting. Billions of people were stuck with lockdown all and were looking for these interactive tools for virtual meetings.
In April 2019, Zoom went public, with a market capitalization of about $16 billion. On the first day after coming public, stocks initially priced at $36 traded for $65 per share. However, according to the website Business of Apps, it increased by 30 times in the first six weeks of 2020.
According to Yuan, Zoom will have 200 million daily meeting attendees by May 2020. By June, the number had increased to 300 million users in a month, up from just 10 million in December 2019. The UK Cabinet and 90,000 schools from 20 countries were among the new participants.
Zoom made $2.6 billion in sales in 2020, up 317% year over year, with meeting attendees up 2,900%. It had 4,70,000 corporate customers as of December 2020.
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Google Meet (The free online meeting and screen Sharing Application by Google)
The Google Meet is another interactive tool for virtual meetings. In addition, though, it allows around 250 people to connect in online conversation. Moreover, Google has integrated Google Meet with other Google Workspace applications. This innovative integration allows users to connect with just simply links and clicks.
In March 2020, Google announced that all Workspace and G Suite clients would have access to Google Meet’s enterprise features for a limited time. Following this, all Google Workplace and Google Workspace for Schools clients could record and virtually meet with this tool. Additionally, there was also no time limit on the call.
It also allows recording of these virtual meetings. Moreover, audio, video and screen sharing with automatic cloud storage on Google Drive make this tool more attractive. In addition, the recording will be accessible through to the Calendar entry if one has scheduled the video meeting through Google Calendar.
G Cloud also claims that it is more private than Zoom. Further, messages are encrypted while in transit between the user’s device and Google’s servers. According to them, the usage of this tool for the virtual meeting has increased by 30% since January.