Many people invest a significant amount of time and effort in transcription, as it is a common practice for journalists and web content curators to convert spoken words into written text. Gone are the days when journalists used to take notes with pen and paper during events, conferences, and interviews for later use in reports.
Nowadays, most media professionals prefer to record conversations and transcribe them afterwards, thanks to the widespread use of mobile devices. However, transcription can be a laborious task, as the transcriber needs to listen to the audio repeatedly to ensure the accuracy of every word and sentence.
The emergence of artificial intelligence capable of performing this previously tedious task adds an exciting new dimension to an already dynamic profession. Here are the top 8 AI programs that can accurately transcribe your work.
In addition to providing real-time transcribing services, Otter also provides automatic meeting notes. Instead of automatically connecting to Microsoft Teams, highly priced, and Google Meet, the software can also generate meeting recaps.
Apart from being a lifeline for journalists and online content creators, it might be useful for students to take notes during both online and in-person classes. It was founded by Sam Liang and Yun Fu.
Pros
Provides free tests for a basic experience.
Easily transcribes audio from both recorded files and real-time meetings.
Playable on desktop computers, tablets, and smartphones.
Cons
Comparatively, it is highly priced to its similar sites.
Efficiency decreases with background voice.
Pricing
Plan
Pricing
Basic
Free
Pro
$8/month
Business
$20/month
Enterprise
Custom
Trint
Tool Name
Trint
Founded
2014
Website
www.trint.com
Trint – Top AI Transcription Tools
Users can convert audio files to text using Trint, an online transcription service. Provides a one-stop shop for the discovery, creation, and sharing of media. Clients can export the highlighted sections and realign the timecodes to match the source recording.
Users can import video and audio clips, and the app will transcribe them using AI. It was founded by Jeff Kofman.
Pros
The transcribing rate is satisfactory.
Easily supports multiple types of files.
Cons
Once used, files can not be deleted or removed.
The precision of automatic transcription poses a challenge.
The Rev AI product line includes a speech-to-text technology that can transcribe spoken words into text. Building on the foundation of Temi, another Rev product, this service enhances transcription by allowing for the transcription of both live and recorded audio and video.
Rev AI can analyze audio and video recordings to determine the language that is most commonly spoken and extract important subjects from text but it can only do so in English. It was founded by Dan Kokotov.
Pros
Available in a total of 36 languages.
Provides support for a maximum of eight independent speaker channels.
Profanity filtering capability.
Cons
The system tends to make errors when the speaker has a heavy accent.
No free trial option is available.
Pricing
Rev AI’s machine translation services cost $0.002 per minute and are priced on an as-you-go basis.
Sonix
Tool Name
Sonix
Founded
2017
Website
www.sonix.ai
Sonix – Top AI Transcription Tools
Users of Sonix, an audio transcription program, can create information and have it translated into over 38 different languages. Users can search, edit, and share transcripts with others using the in-browser editor.
To ensure that visual content is accessible to all audiences, the platform also generates automatic subtitles. It was founded by Jamie Sutherland.
Pros
It can easily identify speakers and divide conversations into paragraphs.
Transcripts can be exported in a variety of formats, such as PDF, Microsoft Word, and Text.
Cons
Premium collaboration plans are pricey.
No free trial plan is available.
Pricing
Plan
Pricing
Standard
$10/hour
Premium
$22/hour
Enterprise
Custom
Fireflies
Tool Name
Fireflies.AI
Founded
2016
Website
www.fireflies.ai
Fireflies.AI – Top AI Transcription Tools
Fireflies’ main focus is transcribing meetings that take place in various online video conferencing platforms, such as Zoom and Google Meet.
However, users also have the option to upload pre-recorded content and have it translated into the language of their choice. It was founded by Krish Ramineni and Sam Udotong.
Pros
The software can transcribe text in 60-plus languages.
A free forever plan is available.
Cons
Fireflies’ per-seat pricing model can be prohibitive for teams with a lot of members.
The Enterprise edition offers training bespoke models to improve accuracy, but it comes at a higher price.
Beey is an intuitive platform that specializes in language translation, subtitling, online meeting transcription, interview transcription, and podcast transcription.
If the user’s content has subtitles, the platform can read them and translate them into other languages automatically. It was founded by Newton Technologies.
Pros
They provide an API that can be used to incorporate it into your projects.
It can translate text into 20 different languages.
Cons
The prices are slightly high for individuals and small teams.
Pricing
Plan
Pricing
Start
$0
Plus
$28/month
Business
$50/month
Enterprise
Custom
MeetGeek
Tool Name
MeetGeek
Founded
2021
Website
www.meetgeek.ai
MeetGeek – Top AI Transcription Tools
To let users concentrate on having meaningful conversations during meetings, MeetGeek automates a lot of tasks. For example, it can automatically take notes during live meetings, transcribe them, and then summarise them.
It may also organize the transcribed content according to topics so that the user can simply follow along. It was founded by Dan Huru.
Pros
Able to record meeting highlights and distribute them to attendees effectively.
In both live and recorded meetings, it can pick out particular keywords.
Cons
You can only get five hours of transcribing in the free version each month.
The accuracy of output is a bit of a challenge.
Pricing
Plan
Pricing
Basic
$0
Pro
$15 Per User Per Month
Business
$29 Per User Per Month
Enterprise
$59 Per User Per Month
Scribie
Tool Name
Scribie
Founded
2008
Website
www.scribie.com
Scribie – Top AI Transcription Tools
For more precise transcripts, Scribie provides a four-step transcribing service. At the outset, it conducts content analysis using AI and automatically generates text from speech.
The accuracy of the outputs is subsequently checked by human reviewers. Before being put through a quality check, the transcripts are proofread one more time. Scribie uses both automated and human reviewers, to put it another way. It was founded by Rajiv Poddar.
Pros
The transcripts are backed by human verification.
It is possible to decipher audio and video files that contain background noise or distorted audio.
Cons
Fees per minute could add up quickly when dealing with lengthy films.
Compared to competing products, it’s a little sluggish.
Pricing
Plan
Pricing
Basic
$0.80/minute
Conclusion
Even though all of these tools make it easier for people to finish laborious transcription tasks, the output of these tools still requires human participation to construct the final script for the project. The area of quality has a significant amount of room for development and improvement.
In addition, the subscription models that are provided by several players are somewhat pricey, particularly for students, because of the limited access to funds that students have. Therefore, these factors must be solved as quickly as possible if artificial intelligence-driven transcribing is to become a tool that humans can rely on.
FAQs
How accurate is AI transcription?
AI transcription accuracy depends on multiple factors including the audio quality, transcription engine used, presence of any background or overvoice etc. However, the accuracy can range between 80% to 98% depending on the good factors.
Is Otter AI safe?
Yes, Otter AI is considered to be safe based on its security encryption and data protection methods.
Is Sonix free?
No, Sonix is not a free platform but it does offer free services to its all-new accounts for the start 30 minutes as a trial version.
In today’s fast-paced business world, keeping in touch with colleagues and clients is more important than ever. With more and more companies turning to remote work, video conferencing has become a vital tool for staying connected. According to a recent study by Grand View Research, the global video conferencing market is expected to reach $19.73 billion by 2030, growing at a CAGR of 12.5% during the forecast period (2022–2030).
Video conferencing is the future of business communication. With the ability to connect with team members, clients, and partners from anywhere in the world, it has become an essential tool for companies of all sizes. Studies have shown that video conferencing leads to increased productivity, improved collaboration, and reduced travel costs.
This means that now is the perfect time for businesses to invest in good video conferencing software. With the right software, you can take your business to new heights of success.
Video conferencing software is an advanced technology that allows users to conduct real-time, online meetings, presentations, and video calls with one or more people via the Internet. This innovative tool has revolutionized the way businesses and organizations conduct meetings and presentations. It enables users to connect with others from anywhere in the world, regardless of their physical location, and share ideas and information in real time.
Video conferencing software provides a wide range of features and capabilities, such as screen sharing, document collaboration, and recording. These features allow users to share presentations, documents, and other multimedia content with their colleagues and clients. This makes it easier to collaborate and get things done.
One of the major benefits of video conferencing software is that they save time and money by eliminating the need for travel. Businesses and organizations can conduct virtual meetings and presentations, which can save thousands of dollars in travel expenses. This also allows employees to be more productive and efficient, as they can participate in meetings and training sessions from the comfort of their own homes or offices.
List of Best Video Conferencing Software
The following are the best video conferencing software for individuals and businesses in 2024:
Google Meet
Video Conferencing Software
Google Meet
Rating
4.5
Best For
User-friendly video conferencing
Website
meet.google.com
Google Meet – Best Video Conferencing Platform
Google Meet is a video conferencing tool developed by Google LLC. It allows users to conduct virtual meetings, webinars, and video chats with remote teams, clients, and partners. One can use this tool free of cost for up to 100 participants and a 60-minute meeting duration. It is highly secure and compliant with industry-standard security protocols. It is suitable for use by companies of all sizes and across all industries, whether they are small businesses or large enterprises.
One of the key features that set Google Meet apart from other video conferencing tools is its integration with the rest of Google’s suite of productivity tools, such as Gmail and Google Calendar. This makes it easy for users to schedule, join, and manage meetings directly from their inbox or calendar.
Features Offered by Google Meet:
Participants can share their screens with others during the meeting, making it easy to collaborate on documents and presentations.
It can be easily scheduled, joined, and managed directly from Gmail and Google Calendar.
Meetings can be recorded and saved to Google Drive for later viewing.
Up to 500 participants can join the meeting at a time when you opt for a paid plan.
Noise cancellation feature that reduces unwanted disturbing background noise.
Automatic captions are generated during the meeting, making it easy for people with hearing impairments.
Hosts get full control over who can enter the meeting.
Pros:
It can be used via mobile app or web browser on any device
Highly secured
Live caption
Easy to use
Screen sharing and recording
Comprehensive help articles
Also available for free
Cons:
Difficult to get live customer support
Pricing Plans of Google Meet:
Pricing details of each pricing plan of Google Meet are given below:
Plan
Pricing
Free
Free
Business starter
$6/user/month
Business Standard
$12/user/month
Business Plus
$18/user/month
Enterprise
Contact Sales
Note: It’s a Google workspace Pricing which also includes other products of Google at the same price.
Zoom
Video Conferencing Software
Zoom
Rating
4.5
Best For
Feature-Rich and High-Quality Virtual Meetings
Website
zoom.us
Zoom – Best Video Conferencing Platform
Zoom is a video conferencing platform by Zoom Video Communications, Inc. founded by Eric Yuan in 2011. Zoom has quickly grown in popularity since its launch and is now used by millions of people around the world, including businesses, schools, and government organizations. With its user-friendly interface and robust feature set, Zoom is quickly becoming the go-to choice for virtual meetings and collaborations.
It can host large meetings with up to 1000 participants. This makes it ideal for hosting webinars, conferences, and other events where a large number of people need to be connected at once. Another aspect that makes Zoom stand out is its ability to work seamlessly across devices, including desktops, laptops, tablets, and smartphones. This makes it easy for people to join meetings from anywhere and on any device.
Features Offered by Zoom:
It provides the ability to create and customize virtual avatars to use at the meeting.
Several meeting templates are available that are fully customizable based on the type of meeting you’re conducting.
Threaded messages and reactions allow participants to chat in a threaded form and reply to comments, and also react to replies with emojis.
Leverage the Q&A feature to engage the participants throughout the meeting session.
It allows for meetings with up to 1000 participants, making it ideal for hosting webinars, conferences, and other large-scale events.
Users can share their screens with others during meetings which makes it easy to present documents, slides, and other materials.
Meetings can be recorded and saved for later playback, which is useful for training and review purposes.
It allows users to change their backgrounds during meetings, which is useful for hiding messy rooms or for adding fun backgrounds for meetings.
Pros:
Huge learning resources
Interactive dashboard
Accessible on any device
A free plan is available
App Marketplace with more than 2300 app integration
Virtual background
Excellent support with useful articles
Cons:
Limited features when you join via browser
Pricing Plans of Zoom:
Pricing details of each pricing plan of Zoom are given below:
Integrated video conferencing for collaborative teams
Website
microsoft.com/en-us/microsoft-teams/
Microsoft Teams – Best Video Conferencing Platform
Microsoft Teams is a collaboration and communication platform developed by Microsoft Corporation. It is designed to bring teams together in one place, allowing for seamless communication and collaboration on projects and tasks. It is available on various devices, including desktop and mobile, making it easy for teams to stay connected and productive while working remotely.
One of the key features that set Microsoft Teams apart from other similar tools is its integration with other Microsoft products such as Office 365. This allows users to easily access and share documents, schedule meetings, and collaborate on projects without leaving the Teams platform.
Features Offered by Microsoft Teams:
It offers a free plan in which up to 100 participants can join the group meeting for 60 minutes.
Features like guest access allow teams to collaborate easily with external partners, vendors, and clients.
You can create custom tabs, channels, and bots to streamline your workflow and improve collaboration.
It supports screen sharing and recording, making it easy to collaborate on projects and documents.
Built-in HD video and audio conferencing capabilities, allowing teams to hold virtual meetings and discussions.
Users can also share files, images, and videos within the chat.
A feature called Together mode uses AI to place participants in a shared virtual space, such as a conference room, making it feel more like an in-person meeting.
Provides breakout rooms that help the organizer of the meeting to divide attendees into smaller groups for more focused discussion.
Pros:
Single sign-on
30-day free trial on a paid plan
The free plan is available
User-friendly interface
Accessible on any device
integration with Microsoft products such as Office 365 and SharePoint
Learning resources are available
Cons:
Limited integration with non-Microsoft products
Difficult to get direct support
Pricing Plans of Microsoft Teams:
Pricing details of each pricing plan of Microsoft Teams are given below:
Plan for Home
Pricing
Microsoft Teams (free)
Free
Microsoft 365 Personal
$6.99/ month
Microsoft 365 Family
$9.99/ month
Plan for Business
Pricing
Microsoft Teams (free)
Free
Microsoft Teams Essentials
$4.00/user/month
Microsoft 365 Business Basic
$6.00/user/month
Microsoft 365 Business Standard
$12.50/user/month
Zoho Meeting
Video Conferencing Software
Zoho Meeting
Rating
4.5
Best For
Growing Teams and Webinars
Website
zoho.com/meeting
Zoho Meeting – Best Video Conferencing Platform
Zoho Meeting is a powerful and versatile web conferencing tool that allows businesses to easily conduct online meetings and collaborate with team members. It is developed by Zoho Corporation, a global software company that offers a wide range of products and services to help businesses of all sizes to streamline their operations and increase productivity.
It has the ability to integrate seamlessly with other Zoho products, such as Zoho CRM, Zoho Projects, and Zoho Mail. This allows users to easily schedule meetings and collaborate on projects with team members, directly from the platform. The platform is user-friendly and intuitive, making it easy for anyone to start a meeting or join one with minimal setup. It also offers a wide range of customization options that allow users to personalize their meetings and make them more engaging.
Features Offered by Zoho Meeting:
Provides insightful reports of webinar data such as engagement, polls, Q&A, attendees, and registration.
Lock meeting feature that doesn’t allow other participants to join the meeting even if they have a joining link, the host can allow and disallow the joining request.
Provides seamless integration with Zoho products and other useful tools like Slack and Gmail.
It helps you to conduct webinars with features such as live streaming, live chat, and Q&A sessions.
Empower users to personalize their meeting links with their own branding and logo.
Breakout rooms are available that empower users to split a large meeting into smaller groups.
Users can annotate and mark up shared screens in real-time which makes it easy to give feedback and make suggestions.
Pros:
2-factor authentication
Integration with other Zoho products
Intuitive interface
The mobile app is available
Excellent support
Learning resources
A free plan is available
Cons:
Limited integration with non-Zoho tools
Pricing Plans of Zoho Meeting:
Pricing details of each pricing plan of Zoho Meeting are given below:
Plan
Pricing
Free
Free
Standard
Starting at $1.00/ month
Professional
Starting at $3.00/month
Skype
Video Conferencing Software
Skype
Rating
4.3
Best For
Seamless Video Calling and Conferencing
Website
skype.com
Skype – Best Video Conferencing Platform
Skype is a communication tool that allows users to make voice and video calls, as well as send instant messages and share files. Developed by Microsoft, Skype uses advanced compression technology to ensure that calls are clear and lag-free, even when the internet connection is not the strongest.
Skype for video conferencing doesn’t charge any money and allows group calls with up to 100 people. This is a great option for businesses, as it allows team members to collaborate easily and stay connected with each other. The created link comes with no expiry which means you can use the link to pre-plan any meeting. You can even use this link anytime in the future to connect with the people with the joining link.
Features Offered by Skype:
It ensures that the calls and messages are encrypted, keeping your conversations private and secure.
Background blur feature to blur the background so that the next person doesn’t see the messy background.
It allows Easy pairing with visual studio live share extension which helps you to collaborate with your team and debug the code.
Skype offers a real-time translation feature in call and chat. This makes it easy for users to communicate with people who speak different languages.
Screen sharing feature during a call for presentations and remote collaboration.
Users can record their calls for later reference. This is a great feature for businesses, as it allows team members to easily review important conversations.
You can send instant messages to other Skype users. This feature is great for quick conversations and sending files or links.
Doesn’t support browsers other than Microsoft Edge or Google Chrome.
Average support
Pricing Plans of Skype:
Skype-to-Skype calls are free anywhere in the world. You can use Skype on a computer, mobile phone, or tablet. If you are both using Skype, the call is completely free.
Users only need to pay when using premium features like voice mail, SMS texts, or making calls to a landline, cell, or outside of Skype.
Plan
Pricing
Unlimited North America
$7.99/month
Unlimited World
$13.99/month
Unlimited US & Canada
$2.99/month
Slack
Video Conferencing Software
Slack
Rating
4.5
Best For
Team Collaboration with Video Conferencing
Website
slack.com
Slack – Best Video Conferencing Platform
Slack is a powerful and versatile communication tool that is designed to help teams work more efficiently and effectively. Slack Technologies Inc. is the company behind the tool. Founded in 2009, Slack Technologies is headquartered in San Francisco, California, and has grown rapidly in recent years. It has attracted a large and loyal user base with more than 200,000 paying customers.
The most unique feature of this tool is its integration. Slack has a huge network of more than 2,500 apps that allow seamless integration. The robust API of this tool enables you to connect it with your favorite tool and fetch important data. The platform is designed to be easy to use, with a clean and simple layout. This makes it easy to find the information and tools that you need. Additionally, Slack offers a wide range of features, such as direct messaging, group chats, and video and voice calls.
Features Offered by Slack:
Hurdles and clips feature that helps in collaboration with short audio and video sharing, multi-screen sharing, link, notes, and much more.
Different visual controls are available such as dark and light modes, message display settings, and zoom level.
Customize the images and emojis to send a reaction on the chat.
Slack offers advanced security features to keep user data and communication safe and secure.
It is available on all major platforms, including web, desktop, and mobile.
You can customize your notification settings, so they are only notified of important messages and events. This helps you to stay focused on the task at hand and reduces distractions.
Powerful search functionality that helps users to find messages, files, and other information quickly and easily.
Users can invite other team members to join a group chat and can also share files and other information within the chat.
Pros:
A mobile app is available
A lot of integration options
User-friendly interface
Accessible on any device
A resource library to learn
Workflow builder
Cons:
Lack of live customer support
Pricing Plans of Slack:
Pricing details of each pricing plan of Slack are given below:
Plan
Pricing
Free
Free
Pro
₹218/user/month, when billed annually
Business+
₹375.20/user/month, when billed annually
Enterprise Grid
Contact Sales
BlueJeans
Video Conferencing Software
BlueJeans
Rating
4.3
Best For
Cloud-Based and Seamless Video Conferencing
Website
bluejeans.com
BlueJeans – Best Video Conferencing Platform
BlueJeans is a revolutionary video conferencing platform that allows users to connect easily with colleagues, clients, and partners from anywhere in the world. BlueJeans is developed and maintained by Verizon Communications, one of the largest telecommunications companies in the world. With a reputation for quality and reliability, Verizon has been at the forefront of the video conferencing industry for many years.
Airtel has a partnership with Verizon to offer BlueJeans as a video conferencing solution to its enterprise customers. Airtel’s partnership with BlueJeans allows its enterprise customers to access the BlueJeans video conferencing platform and its features through Airtel’s network infrastructure. This partnership allows Airtel to expand its enterprise communication services portfolio. It also attracts more business customers who are looking for a reliable and advanced video conferencing solution.
Features Offered by BlueJeans:
It is compatible with a variety of devices and platforms, including Windows, Mac, iOS, Android, and web browsers.
It Uses advanced technology to provide high-definition video and audio quality for clear and seamless communication.
You can share your screens during a video call to facilitate collaboration and presentations.
Allows users to record their video calls and provides a transcription service that generates a text transcript of the conversation.
Integration feature that allows users to schedule and join video calls directly from their calendars.
Virtual backgrounds to video calls, help to reduce distractions and improve the overall video call experience.
Host control over the meeting, such as mute/unmute, lock/unlock, end meeting, etc.
Facility to create smaller groups of participants for a proper discussion on the topic.
Pros:
AES 256-bit encryption
A lot of integration options
A free trial is available
Virtual background
Meeting Highlights and Recordings
User-friendly interface
Accessible on any device
Cons:
A free plan is not available
Lack of file-sharing facility
Pricing Plans of BlueJeans:
Pricing details of each pricing plan of BlueJeans are given below:
Plan
Pricing
Pro
₹699/month, when billed annually
Enterprise
Contact Sales
GlobalMeet
Video Conferencing Software
GlobalMeet
Rating
4.2
Best For
Businesses and Professionals Needing Web Conferencing
Website
globalmeet.com
GlobalMeet – Best Video Conferencing Platform
GlobalMeet is a Video Conferencing platform for businesses and organizations looking to connect with their teams, clients, and partners from anywhere in the world. It supports large-scale high-definition video conferences with up to 1,000 participants. With the ability to share screens, documents, and other multimedia content, users can easily collaborate and share ideas. This makes it an ideal tool for creative brainstorming sessions or project meetings.
GlobalMeet Video Conferencing is highly secure, with end-to-end encryption and a range of security features to protect user data and communications. It offers a range of options for personalizing the platform to suit the specific needs of different teams. One can create custom meeting rooms, set up recurring meetings, and even schedule meetings in advance.
Features Offered by GlobalMeet:
It is a cloud-based platform, which means that users can access it from anywhere, at any time.
Participants can communicate with one another through instant messaging or chat, this makes it easy to ask questions or share information during the meeting.
Screen recording feature to record the screen and use it in the feature.
The host can split the screen into smaller groups for more focused discussions or tasks.
Users can record live sessions for future reference.
You can schedule meetings in advance, which makes it easy to coordinate with others and plan ahead.
It is highly customizable, with a range of customization options.
End-to-end encryption and a range of security features to protect data.
Pros:
Multi-lingual support
G-suite integration
Accessible on any device
Advanced reporting and analytics
Custom branding
Digital whiteboarding
Cons:
Price is not disclosed
Pricing Plans of GlobalMeet:
GlobalMeet offers three plans: Essential, Professional, and Enterprise. You need to contact their sales team to get details on the pricing of each plan.
Webex Meetings
Video Conferencing Software
Webex Meetings
Rating
4.2
Best For
Collaborative Video Conferencing Solutions
Website
webex.com
Webex Meetings – Best Video Conferencing Platform
Webex is a video-conferencing platform by Cisco that offers high-quality video and audio capabilities. The platform uses advanced technology to ensure clear and crisp video and audio, even in low-bandwidth environments. It uses encryption to protect your data and offers features such as password-protected meetings, waiting rooms, and the ability to lock or end meetings at any time.
One of the most highlighted features of this tool is its customization. You can customize meeting room layouts, choose from a range of background images and themes, and even create your own branded meeting rooms. It offers top-notch security to secure your valuable data. Features such as password-protected meetings, waiting rooms, and the ability to lock or end meetings at any time are available.
Features Offered by Webex Meetings:
Provides detailed insights into meeting attendance, engagement, and more. It allows users to make data-driven decisions about their meetings.
It has the ability to integrate with popular apps such as Outlook, Google Calendar, and Slack.
Hosts can create smaller, more intimate meetings within a larger meeting that allows more focused and productive conversations.
Users can join and participate in meetings from any device, including smartphones and tablets.
Meeting management tools such as screen sharing, recording, and polling help users effectively manage and lead meetings.
You can customize meeting room layouts, and choose from a range of background images and themes.
The advanced technology of Webex ensures clear and crisp video and audio, even in low-bandwidth environments.
Participants can easily schedule and join meetings from their calendars, share files and documents, and collaborate on projects.
Pros:
A free plan is available
Two-way Whiteboarding
Advanced search and filter
Third-party integration
Accessible on any device
User-friendly interface
Cons:
Complex to use
Lack of interaction feature between host and participants
Pricing Plans of Webex Meetings:
Pricing details of each pricing plan of Webex Meetings are given below:
GoTo Meeting is a web conferencing software by GoTo that is designed for businesses of all sizes. With its reliable performance and user-friendly interface, GoTo Meeting has become a go-to choice for virtual meetings, webinars, and online collaborations.
GoTo Meeting video conferencing platform is trusted by millions of people for real-time virtual communication and collaboration. It is an easy, fast, and reliable professional virtual meeting solution that allows individuals and businesses to meet face-to-face, and connect with colleagues through in-meeting chat, screen sharing, and more with just a click of a button.
Features Offered by GoToMeeting:
Customizable meeting templates to suit different types of meetings.
Easy scheduling and calendar integration for efficient meeting management.
Real-time screen sharing and presentation capabilities for seamless collaboration.
Integrated chat and Q&A features for interactive discussions.
Recording and playback options for future reference and training purposes.
Virtual backgrounds to customize the meeting environment.
Mobile apps for on-the-go participation in meetings from any device.
End-to-end encryption for secure and confidential meetings.
Pros:
User-friendly interface
Flexible pricing plans
Integrations with popular productivity tools
24/7 customer support
Cons:
Advanced features require additional subscriptions or add-ons
Pricing Plans of GoTo Meeting:
Pricing details of each pricing plan for GoTo Meeting are given below:
Plan
Pricing
Professional
$12/organizer/month, billed annually
Business
$16/organizer/month, billed annually
Enterprise
Contact Sales
Conclusion
Video conferencing is the future of communication. With these software platforms, you can easily connect with your team, clients, and partners from anywhere in the world.
The platforms are easy to use and provide a seamless experience for all users. This makes them the perfect solution for any business looking to improve its communication and collaboration. So choose the suitable software from the above-mentioned list and experience the power of video conferencing for yourself!
FAQs
What is video conferencing software?
Video conferencing software is an advanced technology that allows users to conduct real-time, online meetings, presentations, and video calls with one or more people via the Internet.
Which is the best video conferencing software?
The best video conferencing software includes the following:
Zoom
Zoho Meeting
Microsoft Teams
Google Teams
Skype
Slack
GlobalMeet
Who are Zoom’s top competitors?
The top competitors of Zoom are Google Meet, Microsoft Teams, Webex Meetings, Skype, and Zoho Meetings.
Innovation is the key to success, which is true because new things are attracted much faster than older ones. Google did not only focus on its search engine but rather took the time to come out with tools that became beneficial for all groups of people.
The G Suite which is now known as Google Workspace is a collection of Google tools like Gmail, Google Drive, Google Sheets, Google Calendar, Hangouts, and many more. Most of these tools are used for free these days. But, have you tried its paid version yet? Well, you should try it out.
It was back in the year 2006 when Google officially launched its online office suite tools. Google wanted to bring a sense of control inside the organization and offer better features to people free of cost.
Not only did the common people benefit a lot but several large organizations used these tools for their daily activities. Though the tools were offered to the people free of charge people experienced their documents to be safe and secure and it was better than doing things manually.
Google Workspace collaboration tools include the following tools:
Gmail
Google calendar
Google Sheets
Google Docs
Google Slides
Google Keep
Google Hangouts
Google Meet
Google is still working on new things for a better experience in Workspace. Not only they are updating Workspace tools but they are developing new tools. When Google Classes was launched back in August 2014, many more tools were added like assignments along with many more.
Google meet, docs, slides, sheets chrome, Gmail, became useful tools not only for businesses but teachers and students showed results of improved effectiveness in their day-to-day learning.
Why Choose Google Workspace?
Google Workspace
There are several reasons why you can choose Google Workspace. Keeping aside all other factors, the price factor is one of the major factors why people just jump right into Google’s tools. It just doesn’t end there because not only the tools are cost-free but it is effective at the same time.
The effective features of Workspace tools become a great advantage to take over its competitors in the market. Google leads when it comes to their online tools and services and then other companies like Microsoft, Adobe, Slack, and other such companies follow.
Keeping aside all other things let’s focus on the pricing factors of these tools. Let us take an example of Gmail which has been offered to the common people free of charge but there is also a choice of pay where users can take the advantage of its premium features.
Some basic plans for Google’s Workspace tools start as low as INR 136.90 per month which is called the Business Starter plan. The Business Standard comes with INR 736 per month and the Business Plus plan comes with INR 1380per month. Apart from this there is also a free trial to let you expedience its magic!
Almost all the tools of Google Workspace are free to use but to get the benefits of premium features one has to make the predetermined payment. For example, if you get the paid version of Gmail then you can get the option of choosing a custom email domain. You will also get unlimited group email addresses.
Other than those you will also experience the benefit of storage which will be doubled once you get the premium version of Gmail. No advertisement and 24/7 customer support. Similarly, you can get benefits if you pay for other Workspace tools.
The company has promised that it will bring updates to its tools to provide a secure network. Google Workspace will also be adding ‘Drive Labels in Workspace’ where both common people and businesses would be able to classify files stored in Drive based on the sensitivity level.
This will help businesses and organizations ensure that there is no external sharing, or downloading of sensitive files. Hackers and other cybercriminals would have to think twice before stealing because if they try to then organizations will be warned about it beforehand.
Google will also bring out a new team that will oversee the security department. The Google Cybersecurity Action Team (GCAT) would be managed by top-class cybersecurity experts from the company.
Conclusion
Google Workspace recently made huge news where they will be adding new app integrations and security capabilities. So, there is no saying that Google Workspace will stop updating its existing tools and also roll out new ones in the future.
FAQs
Is G Suite and Google Workspace the same thing?
Google updated its G Suite to Google Workspace where tools like Gmail and Google Docs getting a new logo along with added features.
Why was Google Workspace launched?
Google Workspace was launched with the vision for the future and to create a strong connection between humans.
Is Google Workspace safe?
Google Workspace is safe, employing encryption, authentication measures, access controls, audits, and compliance certifications to protect user data.
Company Profile is an initiative by StartupTalky to publish verified information on different startups and organizations. The content in this post has been approved by Zoom.
The global video conferencing market size is expected to reach USD 10.92 billion by 2027, exhibiting a CAGR of 9.7% during the forecast period. Zoom Video Communications, Inc. incorporated on April 04, 2011, is a provider of video-first communication platform and Web conferencing services. In recent times, Zoom became a global phenomenon as businesses had to revert to working from home.
The Company offers cloud-native platform, which unifies cloud video conferencing, online meetings, group messaging and a software-based conference room system, which enables users to easily experience Zoom Meetings in their physical meeting spaces.
With the coronavirus pandemic hitting the whole world at large, face-to-face business activities had to take a plunge. That’s when this company became a savior for every online meeting that took place. We are talking about the Zoom cloud meeting which was founded by Eric S. Yuan in 2011.
Zoom is an American company offering remote conferencing services. It is headquartered in San Jose, California. Zoom also has offices in Europe, Asia, and Australia. It primarily provides a remote conferencing service that combines other tertiary services like video conferencing, online meetings, chat, and mobile collaboration to facilitate conducting business virtually. It is one of the online meeting platforms which paved its way for success.
Zoom success during pandemic was unexpected and it was a turning point in their organization. Read on to know more about the Zoom success story below.
Zoom Video Communications, Inc. (or simply Zoom) is an American communications technology company headquartered in San Jose, California. It provides videotelephony and online chat services through a cloud-based peer-to-peer software platform and is used for teleconferencing, telecommuting, distance education, and social relations.
The company develops a people-centric cloud service that transforms real-time collaboration experience. The Company offers unified meeting experience, a cloud service that provides a 3-in-1 meeting platform with HD video conferencing, mobility, and web meetings. The company’s cloud-native platform enables face-to-face video and connects users across various devices and locations in a single meeting. Zoom, which was founded in 2011 and is headquartered in San Jose, California, serves companies of all sizes from all industries around the world.
Zoom Cloud meetings offer a free video-conferencing facility for up to 100 participants. It offers a communications platform that connects people through video, voice, chat, and content sharing. Zoom is compatible with Windows, macOS, iOS, Android, Chrome OS, and Linux. Originally, it came with a 40-minute time limit but now due to coronavirus lockdown, this limit has been removed. If the companies want to add more participants and avail of more advanced features, paid subscriptions are available with the Zoom meeting app. Zoom’s closed source software is claimed to be compliant with FedRAMP, HIPAA, PIPEDA and PHIPA, and the GDPR.
Initially, when Zoom was launched, it could host video conferences with only 15 participants which got increased to 25, two years after its inception. From there, it directly jumped to a participation limit of 100 in 2015 followed by 1000 for business customers.
Users can hold one-on-one meetings or conduct video conferences with up to 500 participants. Screen sharing allows meeting participants to better coordinate within meetings and distribute information.
The company has an easy, reliable cloud platform for video and audio conferencing, collaboration, chat, and webinars across mobile devices, desktops, telephones, and room systems.
The worldwide adoption of Zoom is powered by its two core products: Zoom Meetings and Chat as well as Zoom Rooms and Workspaces. Zoom Meetings can be attended and held via a web browser, or desktop and mobile applications. The Chat works as an extension to the Meeting product where users can interact through a chat with each other, share files, or create groups.
Rooms and Workspaces, on the other hand, allows businesses to utilize hardware such as a computer, tablet, camera, microphone, and more to hold virtual meetings. The product is specifically aimed at larger-scale organizations, which need to hold meetings across different offices. To make integration with the hardware easier, Zoom even offers its own set of hardware that they developed in collaboration with other manufacturers.
Zoom – Impact of COVID19
COVID-19 really boosted the success story of Zoom. This is when the Zoom Success strategy worked out really well. We’ve outlined its impact below!
With the pandemic intensifying, lockdowns were announced in almost all the affected countries which took Zoom to an altogether new level.
Be it companies, schools, or colleges, all started using Zoom Video Communications to conduct business meetings and deliver lectures.
Zoom offered its services to K–12 schools free of charge in many countries.
Zoom also released a paid education plan which allows unlimited meetings for up to 300 people. Not just that, these meetings are graced with the options of recording, transcription, and various other administrative controls.
These activities contributed to a sharp rise in Zoom usage and contributed to Zoom success during pandemic. For example, in just a day, the Zoom application was downloaded 3,43,000 times.
The company gained over 2.22 million users in the initial months of 2020. This number exceeded the number of users and Zoom had amassed entirely in 2019.
Consequently, by March 2020, the Zoom share price increased to US$160.98 per share. This drafted an increase of about 263% as compared to its initial share prices when it came out with an IPO.
Zoom also became the go-to social platform for the Millennials. During this pandemic when they couldn’t step out, they used Zoom for blind dates and recess and many more fun activities that could turn their boredom into delight.
The founder, Yuan, added $20 Million to his net worth in just one day. This took his total net worth to $5.6 Billion!
Zoom – Founder
The Founder of Zoom is Eric S. Yuan.
Eric S. Yuan, Founder, Zoom
Educational qualification
Bachelor’s and master’s degrees in applied mathematics and computer science from the Shandong University of Science and Technology.
Early life
Yuan was working with WebEx, which was acquired by Cisco Systems and that’s when he became vice president of engineering. After that, he went on to launch Zoom Video Communications.
Zoom – Startup Story
Eric Yuan is a former corporate vice president for Cisco WebEx. He left Cisco in April 2011 with 40 engineers to start a new company, originally named Saasbee, Inc. Prior to starting Zoom, Yuan spent 14 years leading engineering teams – first at WebEx, then at Cisco after its acquisition of WebEx in 2007.
At Cisco, he often saw how frustrated the company’s customers were with their inability to listen to their demands and the slow product iteration process.
The company had trouble finding investors because many people thought the video telephony market was already saturated. In June 2011, the company raised $3 million of seed money from WebEx founder Subrah Iyar, former Cisco SVP and General Counsel Dan Scheinman, and venture capitalists Matt Ocko, TSVC, and Bill Tai.
In May 2012, the company changed its name to Zoom, influenced by Thacher Hurd’s children’s book Zoom City. In September 2012, Zoom launched a beta version that could host conferences with up to 15 video participants. In November 2012, the company signed Stanford University as its first customer.
The service was launched in January 2013 after the company raised a $6 million Series A round from Qualcomm Ventures, Yahoo! founder Jerry Yang, WebEx founder Subrah Iyar, and former Cisco SVP and General Counsel Dan Scheinman. Zoom launched version 1.0 of the program allowing the maximum number of participants per conference to be 25. By the end of its first month, Zoom had 400,000 users and by May 2013 it had 1 million users. In the recent COVID times, Zoom rose to worldwide prominence as many companies use it to conduct meetings and organize their work processes.
Zoom – Customer Acquisition
Zoom’s Business Customers growth
Within just one year of inception, Zoom recorded participation of 1 million user base. In its first year, Zoom established partnerships with multiple B2B collaboration software providers which included Redbooth (then Teambox), and together created a program that was named “Works with Zoom“. This, in turn, worked for Zoom in establishing more superior partnerships with hardware and software vendors like Logitech, Vaddio, and InFocus.
Zoom in 2014
Zoom had already reached 10 million users by 2014. And this number skyrocketed in 2015 when it went on to 40 million individuals with 65,000 organizations subscribed to the Zoom Video Conferencing Services. By 2015, Zoom had already hosted a total of 1 billion meeting minutes since its inception.
Zoom in 2017
Zoom hosted Zoomtopia 2017 in the year that was Zoom’s first-ever annual user conference. During this conference, they announced a dynamic series of new products and partnerships, which also included Zoom’s Partnership with Meta. This partnership was envisioned to integrate Zoom with Augmented Reality, more popularly known as AR. Also, Zoom announced its native support for Skype for Business and its futile integration with Slack, Workplace by Facebook, and its initial steps towards artificial intelligence (AI) speech-to-text converter.
Zoom – Mission
Zoom’s mission statement says, “Our mission is to develop a people-centric cloud service that unifies your meeting experience and improves the quality and effectiveness of communications forever.“
Zoom – Business Model
The business model of Zoom is built on charging businesses a reoccurring subscription fee for the various products the company offers. On top of that, Zoom makes money from the promotion of hardware products.
Zoom – Revenue and Growth
Zoom’s Revenue Growth
Zoom has recorded annual revenue of $953 Million in 2021.
Zoom Video Communications’ revenue for the quarter ending October 31, 2020 was $0.777B, a 366.52% increase year-over-year. Zoom Video Communications revenue for the twelve months ending October 31, 2020 was $1.957B, a 262.29% increase year-over-year.
Zoom has 504,900 business customers.
Zoom – Mergers and Acquisitions
Zoom extended its communication network and service through mergers and acquisition as listed below.
In 2015, Zoom announced the integration of Zoom video conferencing with Salesforce’s customer relationship management platform. This collaboration allowed the sales team to initiate such conferences with their sales leads without leaving the application.
In 2017, Zoom went on to launch Telehealth. This platform is a scalable product in the telehealth category which allows doctors to remotely visit their patients through video communications for consultation.
In 2017, Zoom Video Communications announced a partnership with Polycom. This partnership integrated Zoom’s video meetings into the partnered company, Polycom’s conferencing systems and enabled a wide array of features that included multiple screens and device meetings, HD and wireless screen sharing, and calendar integration with Microsoft Outlook, Google Calendar, and iCal.
In March 2020, NextTech AR Solutions acquired a software company named Jolokia. Through this acquisition, it intends to integrate Zoom into Jolokia’s Inferno platform. The highlight is that this integration will allow Zoom Video meetings to support up to 100,000 participants. Not just that, with added and advanced features like “real-time Q&A Plus immersive AR.” and additional features like the ability to start a Zoom meeting from the Inferno platform and the incorporation of closed captioning in 64 languages to meeting recordings.
Very recently, in May 2020, Zoom acquired Keybase. Keybase offers end-to-end encrypted chat, file-sharing, and code-hosting all based on a cryptographic platform.
Zoom has acquired German startupKarlsruhe Information Technology Solutions (KITES) on June 30, 2021. The company’s acquisition would bring in the knowledge of language translation via machine learning and is deemed to be a step forward to break the language barriers and speed up the work across the organizations the world over.
Zoom – Funding and Investors
Zoom has raised a total of $276 Million in funding over 8 rounds. Their latest funding was raised in January 2017 from a Series D round.
Here is a list of all the funding rounds of Zoom:
Date
Stage
Amount
Investors
November 2021
Post IPO Equity
$130 Million
ARK Investment Management
January 2017
Series D
$100 million
Sequoia Capital, Emergence Capital Partners
February 2015
Series C
$30 million
Emergence Capital Partners, Horizons Ventures, Qualcomm Ventures
September 2013
Series B
$6.5 million
Horizons Ventures, Jerry Yang, Patrick Soon-Shiong
With all this extra attention, Zoom is now facing a huge privacy and security backlash as security experts, privacy advocates, lawmakers, and even the FBI warn that Zoom’s default settings aren’t secure enough. Zoom now risks becoming a victim of its own success.
Zoom has battled security and privacy concerns before. Apple was forced to step in and silently remove Zoom software from Macs last year after a serious security vulnerability let websites hijack Mac cameras. In recent weeks, scrutiny over Zoom’s security practices has intensified, with a lot of the concern focused on its default settings and the mechanisms that make the app so easy to use.
Each Zoom call has a randomly generated ID number between 9 and 11 digits long that’s used by participants to gain access to a meeting. Researchers have found that these meeting IDs are easy to guess, allowing anyone to get into meetings.
While Zoom still states on its website that you can “secure a meeting with end-to-end encryption,” the company was forced to admit it’s actually misleading people. “It is not possible to enable E2E encryption for Zoom video meetings,” said a Zoom spokesperson in a statement.
Zoom – Future Plans
During the vision keynote of Zoomtopia 2020, Zoom Video Communications, Inc. unveiled major developments to its platform that evolve the future of communications.
OnZoom: A one-of-a-kind online event platform for Zoom users to create and host free, paid, and fundraising events. Hosts can grow their businesses, expand their reach into new audiences, and give back through native donation integration. Zoom users can discover these events and sign up for new experiences with additional functionality like gifting tickets and an attendee dashboard to keep tabs on favorite events and brands.
New end-to-end encryption (E2EE) offering: This optional feature will be generally available in technical preview to free and paid Zoom users next week. It can be enabled at the account, group, and user level, and, depending on how the account admin sets up the feature, can be toggled on and off by the host on a by-meeting basis. When enabled, Zoom’s E2EE ensures that communication between meeting participants using Zoom applications is encrypted using cryptographic keys known only to the devices of those participants.
Customizable SDK: Zoom is adding new enhancements to its SDKs, enabling developers and companies to enrich their own custom video-based applications with Zoom’s platform, available now on Android, iOS, and web. Developers can take advantage of a customizable UI and session control, making it easier for them to bring high-quality video, audio, and instant chat to their applications.
Zapps: Zapps enable developers to create apps that power workflows before, during, and after the meeting. Zoom has brought first and third-party developed apps into the meeting experience for real-time adoption. Zapps are designed to give developers a fast and flexible web view canvas to create apps, viral distribution, and IT deployment and manageability.
FAQs
Is Zoom free?
The basic plan for Zoom is free for all with no trial period.
Who is the owner of Zoom?
Eric S. Yuan is the owner of Zoom. He founded Zoom in 2011 in San Jose, California, United States.
Who’s the CEO of Zoom?
Eric Yuan is the CEO of Zoom.
How does Zoom make money?
The business model of Zoom is built on charging businesses a reoccurring subscription fee for the various products the company offers. On top of that, Zoom makes money from the promotion of hardware products.
The ongoing pandemic has completely changed our life. While being confined in our homes, we realised that life goes on and we had to survive this new normal somehow. This way we got used to so many things that were not a part of our daily lives before, amongst all those one is the Video Conferencing platform.
During the last few months, we all have realized the value of video meetings. Whether it be a professional meeting, a meeting with your doctor, or your family members, video calling is very important to us all. During these past 2-3 months, Zoom has become the most popular video conferencing software with over 200 million daily users. With the rise of video calling during these depressing times, Google has made the Google Meet available to everyone and with the rise of daily users of Google Meet to over 200 million it is now the biggest competitor of Zoom.
The Google Meet vs. Zoom competition has just started and it is not going to end soon. To compete against each other both the apps are adding new features. Google Meet recently came up and added a new feature of the AI-based Noise Cancellation System. Its aim is to make sure that its users get the best video calling experience. In this article, we will talk about the noise cancellation feature of Google Meet. So, let’s get started.
Google Meet is a video conferencing software enterprise by Google. The video conferencing app was formally launched in March 2017. It initially allowed up to 30 persons per meeting. The video conferencing software initially required a G Suite account to host or initiate a meeting. However, due to the Corona Virus (COVID-19) Crisis, when more and more people have to work from home, Google started offering the services of ‘Meet’ free of cost to its users. You just need a Google account to join or host a meeting on Google Meet.
What Is the AI Noise Cancellation Feature?
In April 2020, Google announced that the AI-based Noise Cancellation Feature will be available in Meet for the G Suite Enterprise and G Suite Enterprise for Education customers. The new AI-based noise cancellation system filters out unnecessary background noises such as your dog barking or car horns or the scratching noise made while writing down notes and lets only your voice to be heard by others.
Google generally starts by providing its advanced features to a small percentage of its users and then rolls out the feature for everyone based on the results and feedback. The initial idea of this project came when Google acquired ‘Limes Audio’ in January 2017. Since then, Google has continually worked on this project. The idea was to remove the distraction caused by the unnecessary background noise. These sounds may include the sound of the pressing of keys on the keyboard, the scratching noise produced when taking notes, the barking of your dog, or the sound of horns by passing vehicles. For this, the Artificial Intelligence team at Google has come up with a new noise cancellation system. The system will filter out such noises from the background
The new AI Noise Cancellation feature, also called the ‘denoiser’, is trained to recognize various sounds that constitute as noise. The feature’s algorithm can distinctly recognize your voice between all the other noises around you. It can detect sounds such as slamming of a door, musical instruments being played, and other types of noise that are already mentioned. This feature is now available for web users as well as for the iOS and Android users. This new feature, along with the existing features, makes Google Meet one of the best video conferencing systems.
Features of Google Meet
Apart from this new noise cancellation feature, there are some of the other features of Meet that are listed below.
Host unlimited high definition video meetings.
Meet enables you to ‘Meet’ safely. All the video meetings are encrypted and have anti-abuse measures. This ensures the privacy of the meetings. Google claims that the private meetings are not recorded and are not used for targeting advertisements.
Enable up to 500 participants in a meeting and up to 10000 viewers for a live stream.
Live captioning is available during meetings by Google’s speech recognition technology.
Google Meet is compatible across all devices. You can join or host a meeting from your Desktop/Laptop or Android phone or IOS phone or IPad.
The screen and layout can be adjusted according to you. While Meet automatically adjusts the layout by adjusting the most active participants on the screen, you can also adjust the layout on your screen.
Before joining a meeting, you can adjust your microphone and camera and get a preview of how you look and also a preview of who else has already joined the meeting.
Direct Screen Sharing is available. The entire screen or an application can easily be shared by you so that you can share presentations and documents easily.
New Low Light mode is now available. Google AI has now enabled users to be clearly visible to others if they are in low light or dim-lit areas.
Chrome Tabs can now be shared easily. The ‘Present a Chrome Tab’ feature is now available on Meet.
Admins now can control the chat, Q&A and polls options. They can turn these options off if they think they are not needed.
Conclusion
Noise is a big factor that becomes a barrier during communication. In the situation where working from home is the new normal, Google Meet’s new feature not only tries to eradicate the barrier but also eradicate the unnecessary noises. This feature definitely gives Google Meet an upper hand along with its other features.
Who knew that remote working is going to be the new culture of working from home. Earlier, it was considered less of a job but as a customer service position at a below minimum wage. Now it’s a full-blown career. Managing remote working and remote teams is now a big responsibility. Here are remote working tips for employers where you can set up the path for your team’s success.
Technology- “The Need of The Hour” has proved as one of the best remote working tips during Covid-19, when the global economy is shutdown. It has made us capable to get our job done flexibly, so we try to adapt to this technology. Employees and employers are keeping up with the changing needs of the changing hour. Some major industires are also found promoting the culture of Remote Working.
What is Remote Working?
Remote working stands not just for the advantages related to the involvement of staff, their lower rotation, however the conjointly nice potential for development. This will ensure productive time while working remotely. It’s an open-end chance to redefine what cooperation between an organization and a worker really is. However, your teamwork depends a lot on them, and the way you gift them with priorities and goals will facilitate them so they can notice the most effective solutions.
The goals should be mutual, set, and nominative, because of this your team’s motivation to implement them won’t decrease as a result of they’ll recognize what they are nisus for. If individuals work along, aiming for one goal, they share responsibility for the project.
Remote Working
Remote working is additionally a chance for different ways that of accounting for work, not essentially for hours worked, except for results.
Remote working has pulled up its sock over last years and there’s been a growth in working remotely. If we see some trends then over the last 12 years, it has shown a growth of 159%. 91% growth in remote work over the last 10 years and a 44% growth in remote work over the last 5 years. Here is about some industries which have started promoting the new era of remote working.
Industries that work remotely
Why Remote Working Is the New Trend?
The comfort of being at home with flexible working hours
Set your own schedule of the day
Taking some days off for Self
Better time management
Less of stress and anxiety
Learn more skills at home
Benefits of Remte Working
The current global crisis has urged businesses to make it mandatory that their employees work from home. A significant adjustment is neededif you are a newb to working remotely. Because a bedroom can turn into a home office and taking conference calls half-dressed which is now your new formals. Tips to remote working for employees and employers can make things less stressful and more productive.
Remote Working Tips:
1. Maintain Regular Hours
Get up in the morning and the first thing in the mind is to set a schedule and stick to it, for god’s sake. Set up some guidelines because now you are working from home and sleep is going to hit you hard. You have to understand that working remotely means extending your day or starting early to compete with your side bench colleague. When it’s done, wrap up before you go to sleep; don’t leave it as a mess. Use remote tools like Rescue Time will help you track daily activities.
Rescue Time helps you keep in track of time
2. Designate A Workspace
Remember if you have to stay mentally focussed for longer hours so, designate a workspace. Make your guest room a new home office and keep it less of a disturbing place so you can focus more. You just have to work in a comfortable environment with the right equipment at home so you can be efficient and productive. During a video call, make sure you don’t have a distracting background or a noisy room.
3. Socialize With Team
Isolation and series of lockdowns have made us a great deal to connect with our friends and colleagues like earlier times. Don’t forget that the basic key to remote working is socializing more and more with your team. You do have to let your team talk about common interests, ideas and if possible, try meetups for people in the same region, and in-person retreats. Such interactions will let you keep connected and included in the team. These interactive experiences will let you be more proactive about nurturing relationships.
4. Set Rules With People in Your Space
Set some ground rules with other people at your home or who-so-ever you share your space with when you work. Because, whatever your excuse maybe you can’t let people service you just because you are working hard from home. Try and divide up domestic labor so that others at your place don’t get frustrated.
5. Schedule Some Breaks
Try scheduling some 20 minutes tea break and take some time off. Give yourself adequate time during the day and try not to be lethargic all day. Because working like a donkey whole day won’t bring success to you. It’s also not broken to your mind but also to some break to the processors of your PC/Laptops. A lunch hour and mini coffee/tea breaks can boost you up and re-energize you for the next work slot.
6. Use a VPN
Using a VPN which includes wi-fi at coworking spaces, libraries, cafes, airports which means a network that you actually don’t control. Using a VPN at home will let you access some important websites so which your company provides you with. In that case, try leaving your VPN connected as often as possible because it’s always better to have it on than not.
Buy a new sim or set up a phone number for official calls. It can be a free VoIP service, such as a Google Voice. A separate contact will let you keep up the work-life balance.
8. Spare Some Time For Physical And Creative Activities
Maintaining a safe social distance up to 6 feet, try to get out of your safe space for some fresh air. Move some hands and leg, do some Zumba which will eventuallyboost you up with energy. Believe me, exercising gives you a nice life with less stress. Run your creative minds and draw something, or just grab some colors fill in some drawings.
9. “Show Up” To Conferences And Be Detected
Certainly, you may participate in video conferences and conference calls, however, it is a smart plan to attend facultative conferences generally, too. Take care to talk up throughout the meeting thus everybody is aware of you are on the decision.
If your leader is lax concerning obtaining you in a very space with different staff, raise to possess associate annual or semi-annual trip in your contract. It might be for annual coming up with, training, or team building. Or, tack it onto another business event, like a yearly business meeting, near the conference, or workplace vacation party. DO not wait around for somebody to ask you to the workplace or a happening. Be proactive.
11. Take Sick Days
When you are sick, take the sick time you would like. If you have got sick days as a profit, they are a part of your compensation package. Not taking them once you want them is like abandonment cash. If you are a freelancer while not sick days, it is terribly straightforward to comprise the other time-is-money lure and check out to power through sicknesses.
12. Hunt For Coaching Opportunities
When you are not in an associate workplace together with your fellow staff, you would possibly miss out on coaching and skills development courses that square measure educated in the flesh. Your company may even forget to feature you to its on-line coaching courses. Additionally, to top-down coaching pushes, if there’s a course you would like for career development, raise if you’ll take it. Also, if you get enough advance notice of forthcoming coaching that is on-the-spot, it would be a decent time to request a visit to headquarters.
13. Overcommunicate
Working remotely needs you to overcommunicate. Tell everybody who has to realize your schedule and availability usually. once you end a project or vital task, say so. Overcommunicating does not essentially mean you have got to write down a five-paragraph essay to elucidate your every move, however, it will mean continuation of yourself.
14. Be Positive
Once you work remotely full-time, you want to be positive, to the purpose wherever it should want you are being excessively positive. Otherwise, you risk sounding sort of a jerk. It’s unfortunate however true. Thus, embrace the exclamation point! notice your favorite emoji :D. You are going to want them.
15. Cash in of Your Perks
Once you’ve worked in associate workplace full-time, it had been a struggle to seek out the time to pop one thing into the kitchen appliance that always. Operating remotely comes with distinctive perks. Cash all of them, you are it.
16. Do not be Too Arduous on Yourself
The most roaring remote staff have a name for being very disciplined. After all, it takes serious focus to induce a full-time workplace job done from associate unconventional house. Everybody lets their attention drift, generally. If you discover yourself operating one minute and booking flights for your forthcoming vacation successive, do not reprimand yourself gratingly. Instead, raise yourself whether or not folks in associate workplace settings do a similar issue. If the solution is affirmative, cut yourself some slack, then go back to figure.
17. Finish Your Day with a Routine
Just as you ought to begin your day with a routine, produce a habit that signals the shut of the workday. it would be a symptom off on a business electronic messaging apps, a night dog walks, or a 6 p.m. yoga class. You would possibly have an easy routine like motion down your laptop and turning on a favorite podcast. No matter what you select, make love systematically to mark the tip of operating hours.
There are many more countless advantages and tips of remote working but there’s more to remote working tips for the team. There are some remote team tools that will simplify the process to manage remote workers and teams to keep them productive and grow them professionally.
Tools for Remote Work
Top Remote Work Tools for Remote Teams
Zoom
Evernote
Google Drive
ProofHub
Basecamp
Dropbox
Instagantt
Troop Messenger
Slack
World Time Buddy
Timezone.io
10to8
Krisp
Todoist
Blink
Chimp or Champ
Kickidler
Teamwork
Hub staff
WooBoard
iDoneThis
LiveAgent
Time Doctor
Nextiva
Appear.in
Top Remote Work Tools for Teams
Remote work is additionally a chance for different ways that of accounting for work, not essentially for hours worked, except for results. The days once you need to sit within the workplace to complete the specified eight hours full-time area unit over, this conjointly offers a lot of opportunities for businesses that may optimize their prices. You do not have to be compelled to maintain a workplace, equipment, buy coffee, and look out of fruitful Thursdays. Simply invest in tools that facilitate on-line work, and their area unit a lot of and a lot of them of prime quality.
A study 5 years ago showed a 13% increase in productivity once remotely working from home. The explanations expressed were the reduced range of breaks and leave. Not solely work from home, however, work from any place or a coworking place within the world is gaining a lot of votes. By giving staff a lot of freedom, limiting negative practices like micromanagement, we tend to enable individuals to grow and unharness their potential.
With bigger freedom comes bigger responsibility and with it even bigger worker involvement in what they are doing. this is often confirmed by the State of Remote Work 2019 report ready by the bird of Minerva Labs. per it, mobile staff with a thirteen higher likelihood will not wish to alter jobs for the subsequent five years. this is often one thing price finance in!
Remote Working Tips for teams can be hugely rewarding, but only if you keep your productivity up and maintain a healthy work-life balance which will eventually nurture your business relationships.
Google began as an online search firm, but it now offers more than 50 internet services and products from e-mail and online documentation for mobile phones and tablet computers. In addition, the 2012 acquisition of Motorola Dynamics has put it in a position to sell hardware such as mobile phones. Google’s comprehensive product portfolio and size make it one of the top four impressive companies in the high-tech market with Apple, IBM, and Microsoft. Despite these innumerable products, its original search tool remains the origin of its success. In 2016, Alphabet earned all its revenues from Google advertising on the basis of users’ search requests.
The Google Inc business model can be seen more clearly when it is divided into a few key areas:
Key Partners: Google’s key partners include Suppliers, Distributors, Open Handset Alliance, and Original Equipment Manufacturers.
Key Activities: Key activities include research and development for both the development of new technologies and features and the improvement of existing ones. Significant time is spent in the maintenance and management of large-scale IT infrastructure and products and services. Apart from this, work is done on marketing, strategy and alliances.
Key Resources: Google’s core resources will include data centers, servers and other IT infrastructure, IP as well as human resources. Other resources include patents, licenses and proprietary materials.
Value Proposition: The company aims to create value for its customers for internet search, advertising, operating systems and platforms, and the enterprise. The overreaching principle is derived from the mission statement to manage the world’s information and make it universally accessible and useful.
Channels: Channels to reach customers include google.com, Google affiliate website, and Google Ads Words. Sales and support teams are involved to reach advertisers and network members.
Customer Relationships: The channel can include sales and support services as well as a dedicated team for large customers to build customer relationships.
Customer Segment: Google has three main customers. Users who are able to organize information in a useful way using Google products and services, advertisers who have an effective way of displaying online and offline advertisements for customers and members of the Google Network and other content providers, Those who use the Ads Sense service. Other expanded segments may include mobile device users and manufacturers and developers.
Google’s Business Model Change Over The Next Ten Years?
Here are the Major Trends:
Search traffic is moving to mobile and voice. This reduces advertising revenue
Advertising is moving from traditional to digital. This increases advertising revenue.
Servers and services are moving to the cloud. This increases cloud revenue.
Supporting-based tools are ecosystem coalescing. The effect is… complicated.
AR / VR. Google’s bet is on phone-based VR.
The magnitude of trend 2 surpasses the magnitude of trend 1, so Google’s advertising revenue will continue to grow indefinitely.
Trend 3 is all the opposite. The main question is whether they can hold on to Amazon and Microsoft, and if not, can they build a fairly profitable business from third place. Strategically, they are unlikely to make major changes to their cloud strategy until they exit the market entirely, which seems impossible.
Trend 4: The instrument, is an interesting one. This is an important new market for Google which, in the best case, outperforms other tech companies in profits. This is their best chance to build a huge new profit center. The Google device is well-positioned to win the competition. They have better AI than Amazon and Apple, they have a phone that Amazon doesn’t, and they have a successful speaker device, which Apple doesn’t. However, things can change rapidly, such as Amazon launching a successful phone.
It is also unclear how big the market will be. Google’s system, which makes phone calls on your behalf, hints at the size Google sees in this market: Vishal. If Google is able to use AI to transact with humans, then a whole host of tasks will be automated and the value will be very high. This would be so disruptive that they would have to carefully consider the social consequences. But it represents another revenue source with advertisements. On the other hand, if accessories remain merely a technological toys, then Google won’t really lose anything. Like trend 3, it is all upside down.
Trend 5 has no upside or downside for Google. If it turns out Google is right, then AR / VR will not be a significant revenue source for anyone. If they are wrong, some other company will get rich. This is a big trend in the industry but one Google is staying away from most.
So overall, Google’s big business model shift will be a new AI-based device and services ecosystem. This is his big bet for the coming decade
Google’s Other Products
Google Other Product
Some of Google’s other basic products include:
Google News: The service started in 2002 as an automated service, which summarizes news items from multiple websites.
Google Fiber: The Google Fiber Project began in 2010. The plan was to build an ultra-high-speed broadband network in some US cities. Kansas City was chosen as a pilot project, and the project was completed in 2012.
Google Phone and Android OS: Google launched Android, a mobile phone operating system in 2007. Google acquired the OS as open-source software and allows developers to use software development kits to develop applications. Google also released a phone called Nexus One.
Google Chrome: Google Chrome was announced in 2008 as an open-source web browser. Google Chrome OS was launched in 2009 as a Linux-based operating system. The OS only supported a web browser, which is used to log people into their online Google accounts.
Google Goggles: This is a mobile application for Android and Apple iOS. It is used for image recognition and image-based searches. The application can identify historical sites, scan business cards and even solve riddles.
Google launched the ‘Shopping’ tab to enable users to flip through the products and direct them to the merchant websites or e-commerce platforms when searching for products to buy in June 2020. Similar to the News and Image tab on Google, the shopping tab allows users to seamlessly control their search by putting necessary filters and browsing the desired product through listing on different websites. Google has collaborated with e-commerce players such as Flipkart,Paytm Mall,Myntra, Koovs, etc., to join the company’s shopping tab initiative.
“We are always exploring options to help consumers find the products they want to buy more quickly and efficiently from local merchants,”
The Google spokesperson confirmed the latest initiative in an email response claiming that the feature will facilitate customer online shopping more efficiently from the local merchants as well along with e-commerce players. Reportedly, Google has collaborated with the leading e-commerce platforms including Flipkart, Snapdeal, Myntra and Paytm Mall on board in their latest project.
Besides, the search giant also intends to tap the SME space from local Kirana stores (like JioMart) to expensive art collection stores whose merchants are not necessarily listed on the e-commerce players’ websites. The ongoing talks between Google and retailers both big and small will help the search giant understand the country’s shopping trends. These local merchants need not necessarily list on platforms like Amazon or Flipkart.
Another Google spokesperson said, “ They (Google) will partner with retailers of all sizes. It can tell the user where the product is available, is it available online, etc. For now, this service is being provided free of cost.”
Through Shopping Tab, Google lists products through its ‘product listing ads’, the Shopping tab will give users a lot more control. For instance, users can filter the product they are looking for based on price or any other attributes such as price, seller, delivery, department, colour, shape, and so on…, while also getting more details of the product by going to the ‘details’ page.
Google Shopping Tab allows users to filter Products
The most popular search engine operating company, Google was functioning the Shopping tab in 30+ countries when last reported in June 2020. On the merchant side, anyone with a product feed can plug into Google’s merchant centre to be listed on the shopping tab. On the user side, the tab has also seen high rates of engagement, largely due to the specificity that product search allows filter by attributes. With 80-85 million online shoppers, India is an important market for Google.
Google Funding And IPO
The company got its first financing from Sun Microsystems co-founder Andy Bectolsham. The company had financed 100,000 US dollars before the incorporation. Page and Brin tried to sell their website for 1 million US dollars in 1999 because they thought it was distracted by the work of their PhD. They went away and went to secure $25 million in funding from major investors. Among them, Cleaner Perkins Kaffield and Biers along with Venture Capital companies like Secucau Capital were included. The company’s IPO was five years later. 19, 605,052 shares were presented at $85 per share on the August 19, 2004 IPO of Google. Morgan Stanley and Credits were underwriters for Suisse Deals and an online auction system was also prepared for the sale of shares. The valuation of Google at IPO was $23.1 bn. Sales were worth $1.67 billion and by 2014, the company’s market capitalization was then worth $23 billion, which increased to $397 billion.
The company has secured around $36.1 mn in funding:
Date
Name of the Funding Round
Funding Raised
June 1, 2000
Funding Round
$10 mn
June 7, 1999
Series A
$25 mn
November 1, 1998
Angel Round
$1 mn
August 1, 1998
Angel Round
$100 K
The company retained control of most shares. There were mistakes that the IPO will impact the company’s culture through the impact of the company, such as a sudden millionaire situation of shareholder pressure and many officers on paper. The founders addressed these concerns and assured potential investors that the company’s culture will remain intact. To ensure that it is continuing, the company has a designated main culture officer. This role is served by the director of human resources and its purpose is to ensure that culture and methods are developed and maintained and be kept right for the original values that form the company’s base. Over the last few years, there were concerns and suggestions that the company has lost a bad way of anti-corporate thinking and has also given some allegations about sexuality and age. However, none of them turned out to be true.
Google Interesting Facts
The name of Google is taken from Googol, which is equal to the number 1 after 100 zero (1 x 10 ^ 100).
The original name for the backrub search engine was until Sergey Brin and Larry Page Google’s URL Google, Inc.
Google registered its domain on September 15, 1997.
Google’s URLs are often misspelled. For example, the user queries of Google, often become www.gooogle.com, www.gogle.com, and www.googler..com, however, all of them are owned by Google, Inc.
According to the 2013 PU Research Center survey, most Internet users (about 56%) have to use Google to find information about themselves
The Google search technology is called PageRank.
Withholding a dominant 91.94% market share, when last reported in 2021, Google is the biggest search engine.
Google has an enviable 24.4 million followers on Twitter.
Google turned out to be unreachable for 5 minutes on August 16th, 2013. It was found that on that specific time interval, global internet usage saw a fall of 40%.
We all know Google has a Twitter account. But do you know Google’s first tweet? You would be surprised that the first tweet that came from the colossal search engine operator was: “I’m feeling lucky” in binary code.
Google has made its homepage available in 80+ languages.
Google’s revenues mostly come from the advertisements it features. It drew 89% of its revenue from advertisements in 2014.
King of Online Search: Google is the undisputed king of the online search engine division. It processes about 2% of world questions.
Huge Market Share: Currently, Google has a 28% share in the worldwide desktop searches market.
Invincible: So far, no competitor has come close to challenging its position, let alone its market share in the search engines.
Largest Traffic Generator: Every month, this powerful brand generates over 1.2 billion hits. It is the largest traffic generator and has a clear advantage over its competitors such as Bing, Yahoo, Baidu.
High Revenue: The huge revenue of $65 billion (2017) that Google has gained through various partnerships with various sites has ensured its growth.
Adaptability: Google has successfully adapted mobile and Android technologies, giving Apple the ability to compete directly with the iPhone
Google’s Weakness
Reputation is being affected as users and governments feel that they do not up to their social corporate responsibility.
For example not paying enough tax on profits. The social network site Google Plus has failed and will be shut down. The main income is from advertising revenue. This can be a problem if advertisers decide to cut their costs.
Dependence on the Internet
Minimal physical presence
Google’s Opportunity
Wearable market: In November 2019, Google acquired Fitbit for $2.1 billion to compete with Apple and Samsung in the attractive and growing wearable (smartwatch and fitness band) market.
Android OS: The most important opportunity for Google is its noticeable efforts in Android operating system provisioning. This has strengthened their chances of competing directly with Apple iOS.
Google Glasses and Google Play: Google is set to market its newly launched Google Glasses and Google Play. This can boost the progress and development of Google.
Cloud computing: With its storage and cloud solutions, cloud computing can play a significant role in Google’s marketing enterprise. In January 2018, Google introduced a new digital store, which provides cloud-based software to all organizations. Correspondingly, the company also launched Mobile Iron, Inc., To integrate its Orbitra Commerce platform with Mobile Iron’s app distribution, security, and analytics capabilities.
Non-advertising business model: Google needs to start a diversification process and aim to create a non-advertising business model accordingly. There is a need to further enhance adaptability by committing to more commercial transactions. This will ensure permanent revenue
Google’s Threat
Market Shares Decline: According to data gathered from Emarketer, Google’s US digital advertising revenue is expected to see a decline in market shares. It was 38.8% (2017), 37.2% (2018). The reason for this is the increasing competition from Facebook, Amazon, Instagram, and Snapchat for advertising market share.
Gender Bias: A Google memo published by its employer James Damore has sparked a strong debate on the issue of gender bias and free speech in the company, highlighting its diversity policy.
Change Of Information: China has drawn a lot of criticism over its alleged cooperation with China on the search engine project (Dragonfly) by the censors. Antitrust controversy: Google has been involved in antitrust disputes for years with US and EU lawmakers. Anti-EU antitrust regulators fined EUR 5 billion which Google has sought to challenge.
Censorship Policy: Google has not managed to protect itself from backlash over its censorship policy. Many whistle-blowers have started leaking about its political, and ideological leanings.
Competitors: Google is the primary threat from its rivals Facebook and Amazon. Both competitors are slowly joining up with Google. Their new features and increasing popularity can take the headlines away from Google.
Google’s SWOT analysis shows the strengths, weaknesses, opportunities, and threats of the largest online search engines. The popularity of Google allows it to enjoy huge profits.
The search engine keeps growing every year and keeps improving its technology. If Google addresses its weaknesses and threats, no other competitor can outperform or match this company.
FAQs
Who created Google?
Google was created by Larry Page and Sergey Brin.
Who is Google CEO?
The CEO of Google is Sundar Pichai.
What is Larry Page’s net worth?
Larry Page’s current net worth as estimated by Forbes in April 2022 is $111 bn.
What is Sergey Brin’s net worth?
The net worth of Sergey Brin is $107 bn.
What is Google known for?
Google is a multinational conglomerate that is known for the creation of the world’s most popular search engine platform.
What year was Google founded?
Google was founded in 1998, on the 4th of September.
Dev Gupta
