Zoom entered into two definitive agreements to acquire Five9, a leading contact center software based on cloud technology, for $14.7B and Kites, which provides real-time Machine Translation solutions. [more]
This past quarter, the COVID-19 pandemic continued to facilitate the adoption of various platforms and services for remote working, with offerings that support cloud storage, workplace communication, and video conferencing. [more]
As the COVID-19 pandemic continues, technology companies focused on platforms for communication and data management experienced a surge in demand as businesses announced a full shift in operations to remote environments. [more]
The pandemic may have slowed down demand for office spaces temporarily however, overall supply in the market maintained stability. According to Altus Group, a commercial real estate services firm, in Q1/2020, the vacancy rate in Canada dropped to 9.5% compared with 10.3% year-over-year. [more]
Cisco’s WebEx and Zoom are still category leaders but Verizon is one of the few telcos who has international 5G capabilities, which it plans to integrate with the BlueJeans technology to enhance security for real-time virtual engagement. [more]
As the Covid-19 pandemic socially isolates most economies across the world, the business world is quickly changing from office space to remote environments. Companies adapting online focus on three areas of digital transformation: (1) cloud storage, (2) workplace communication, and (3) video conferencing. [more]
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