Zoom Named to Fast Company’s Annual List of the World’s Most Innovative Companies of 2024

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.