SAN JOSE, Calif., March 19, 2024 (GLOBE NEWSWIRE) -- Zoom Video Communications,
Inc. (NASDAQ: ZM), has been named to Fast Company's prestigious list of the
World's Most Innovative Companies of 2024.
This year's list shines a spotlight on businesses that are shaping industry and
culture through their innovations. These organizations are setting new standards
and achieving remarkable milestones in all sectors of the economy. Alongside the
World's 50 Most Innovative Companies, Fast Company recognizes 606 organizations
across 58 sectors and regions.
"At Zoom, we continue to innovate rapidly and are doubling down on our
commitment to offering an AI-powered collaboration platform that delivers
limitless human connection, reimagines teamwork, and strengthens customer
connections," said Smita Hashim, chief product officer at Zoom. "Fast Company's
recognition further validates our mission and dedication to providing our
customers with choice and a high-quality, open collaboration platform powered by
AI that just works."
Zoom AI Companion drives impact in the workplace
In 2023, Zoom launched AI Companion, an AI-powered assistant that is designed to
empower collaboration and unlock users' potential across the Zoom platform by
delivering critical information, automating routine tasks, and helping users
stay informed. AI Companion utilizes Zoom's unique federated approach to AI,
which is designed to deliver high-quality results by dynamically incorporating
Zoom's artificial intelligence model as well as third-party artificial
intelligence models. With this approach, Zoom can offer AI Companion across the
Zoom platform and at no additional cost*, helping to democratize AI by making it
accessible to all employees within an organization.
AI Companion delivers on Zoom's commitment to helping businesses drive more
effective collaboration and productivity through its platform, including
Meetings, Team Chat, Notes, Docs, Whiteboard, Mail and Calendar, and Clips.
Users can stay within one platform to help make work, less work.
Users can benefit from the multitude of AI Companion capabilities that can
assist with repetitive tasks, helping to save users time and increase
efficiency, including:

  * Receive an automated meeting summary after the meeting to share with
    attendees and those who were unable to attend.
  * Catch up quickly in a meeting without disrupting the meeting flow by
    discreetly submitting questions via the in-meeting AI Companion side panel.

* Watch recordings through highlights and smart chapters, and review summaries

    and next steps, to quickly catch up on a missed meeting.
  * Receive help to quickly draft messages based on the context of a Team Chat
    thread, and ask AI Companion to adjust tone and length.
  * Catch up on long chat threads through generative AI summarization.
  * Get help generating ideas on a digital whiteboard and organizing them into
    categories.
  * Receive AI-generated draft email suggestions based on the context of an
    email thread.

Additional capabilities are expected to be announced in the coming weeks.
The World's Most Innovative Companies stands as Fast Company's hallmark
franchise and one of its most anticipated editorial efforts of the year.
Fast Company's editors and writers identified the companies driving progress
around the world and across industries, evaluating thousands of submissions
through a competitive application process. The result is a globe-spanning guide
to innovation today, from early-stage startups to some of the most valuable
companies in the world. Fast Company's Most Innovative Companies package is
available online (https://www.fastcompany.com/most-innovative-companies/list),
as well as in-app form via iTunes, and on newsstands beginning March 26. The
hashtag is #FCMostInnovative.
"Our list of the Most Innovative Companies is both a comprehensive look at the
innovation economy and a snapshot of the business trends that defined the year,"
said Fast Company editor-in-chief Brendan Vaughan. "We saw extraordinary
innovation across the board in 2023, but we also saw a handful of clear
patterns: the growing footprint and impact of AI, the triumphant return of live
events, and great leaps forward in climate tech. We face daunting challenges on
many fronts, but the solutions we celebrate in MIC give me plenty of hope about
the future."
Fast Company will host the Most Innovative Companies Summit and Gala
(https://events.fastcompany.com/mic-gala-2024) on May 16. The summit features a
morning and afternoon of inspiring content, followed by a creative black-tie
gala including networking, a seated dinner, and an honoree presentation. This
event celebrates the Most Innovative Companies honorees and provides an inside
look at cutting-edge business trends and what it takes to innovate in 2024.
About Zoom
Zoom is an all-in-one intelligent collaboration platform that makes connecting
easier, more immersive, and more dynamic for businesses and individuals. Zoom
technology puts people at the center, enabling meaningful connections,
facilitating modern collaboration, and driving human innovation through
solutions like team chat, phone, meetings, omnichannel cloud contact center,
smart recordings, whiteboard, and more, in one offering. Founded in 2011, Zoom
is publicly traded (NASDAQ:ZM) and headquartered in San Jose, California. Get
more info at zoom.com.
ABOUT FAST COMPANY
Fast Company is the only media brand fully dedicated to the vital intersection
of business, innovation, and design, engaging the most influential leaders,
companies, and thinkers on the future of business. Headquartered in New York
City, Fast Company is published by Mansueto Ventures LLC, along with our sister
publication Inc., and can be found online at www.fastcompany.com.
Zoom Public Relations
Bridget Moriarty
press@zoom.us (mailto:press@zoom.us)
Â