{"id":404501,"date":"2020-12-22T09:03:31","date_gmt":"2020-12-22T14:03:31","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=404501"},"modified":"2020-12-22T09:03:31","modified_gmt":"2020-12-22T14:03:31","slug":"ceos-of-zoom-microsoft-nextech-ar-8x8-and-ringcentral-discuss-2020s-communication-revolution","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/ceos-of-zoom-microsoft-nextech-ar-8x8-and-ringcentral-discuss-2020s-communication-revolution\/","title":{"rendered":"CEOs of Zoom, Microsoft, NexTech AR, 8X8 and RingCentral discuss 2020\u2019s communication revolution"},"content":{"rendered":"<div class=\"mw_release\">\n<p>New York , Dec.  22, 2020  (GLOBE NEWSWIRE) &#8212; Tech Capital, the trusted source of technology news and analysis, is highlighting recent comments from CEOs of Zoom, Microsoft, NexTech AR Solutions, 8X8 Inc and RingCentral discussing the revolution in communication that has taken place in 2020.\u00a0<\/p>\n<p>Web-based video conferencing software has transformed the workplace, while innovation in the field of virtual and augmented reality (AR\/VR) is doing the same for e-commerce, education and events.<\/p>\n<p>Global spending on AR and VR is predicted to hit almost $73 billion by 2024, according to the International Data Corporation. This represents a five-year compound annual growth rate of 54%. \u201c2020 has become a major turning point where enterprises and organizations across all verticals are embracing the unarticulated need for augmented, mixed, and virtual reality,\u201d the IDC report concludes.<\/p>\n<p>\n        <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=e3murwmVevsNSXll19DM_2FBi_c5BPRLYkIHdhMUdvaNmgfJF1jxtTr0Dk8iGESx1V3Enx7_hEtmjvRMzTcVKZx1HPeGk0twSVip_NXBdcPe7x5zpDEyqt4F2O11wsLs\" rel=\"nofollow noopener noreferrer\" target=\"_blank\"><\/a>\n      <\/p>\n<p>\n        <strong>Zoom Video Communications Inc (NASDAQ:ZM) founder and chief executive officer Eric Yuan says people and organizations are \u201cactively redefining and embracing new approaches\u201d <\/strong>\n      <\/p>\n<p>\u201cAs remote work trends have accelerated during the pandemic, organizations have moved beyond addressing immediate business continuity needs to actively redefine and embracing new approaches to support a future of working anywhere, learning anywhere, and connecting anywhere. And we continued to see meaningful adoption of Zoom&#8217;s video-first unified communication platform across industries and geographies.\u201d<\/p>\n<p>\n        <strong>Microsoft Corp (NASDAQ:MSFT) chief executive officer Satya Nadella on the \u201cnew virtual commute\u201d and Teams in education and sport <\/strong>\n      <\/p>\n<p>\u201c[The] new virtual commute gives structure to a remote workday with scheduled cognitive breathers, and Together Mode is helping employees at companies like Office Depot reduce video fatigue. More broadly, we are accelerating our innovation across Microsoft 365. New Microsoft Stream is the video platform for the enterprise, making it easy to create, share and discover videos at work.\u201d<\/p>\n<p>\n        <strong>Nadella added\u2026.<\/strong> \u201cIn education, nearly 270,000 institutions are using Teams to power remote learning and improve learning outcomes, including the University of Nottingham in the U.K., Morehouse College, the University of South Florida and some of the largest school districts in the United States like Miami-Dade County Public Schools. In sports, the NBA and NFL are reimagining the game-day experience for fans.\u201d<\/p>\n<p>\n        <strong>NexTech AR Solutions Corp (CSE:NTAR) (OTCQB:NEXCF) CEO Evan Gappelberg on transforming the virtual exhibition space<\/strong>\n      <\/p>\n<p>NexTech AR has gone a step further than the two titans of video communications by rolling out virtual and augmented reality solutions for e-commerce, education, conferences and events.\u00a0Last week it announced the Canadian Institute of Mining, Metallurgy and Petroleum had chosen the InfernoAR Experience platform to power the <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=p0kxrgYe-b21GRS-kwNypLvCB_s_pvt5k0AcVRrvwtIwwUY5KPcU_qhdiGLCalleMD1jlIeyGnijPBIxvOU-bw-CpKAZZmVGL_D4Q-aQtd5l_UnSV4ihNGUOS9FgNurb\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">2021 Virtual Convention + Expo<\/a> in May 2021.<\/p>\n<p>NexTech will be transforming virtual exhibitor booths into AR-backed experiences that, for the first time in the event\u2019s history, will put large and complex technologies right in your pocket through a phone or mobile device. Speaker sessions, which will feature special guests and surprise experiences, will utilize multi-dimensional broadcast solutions instead of simple webcasts to engage attendees in discussions on how new components including AR and data are revolutionizing mining processes.<\/p>\n<p>\u201cWe are excited that CIM selected Nextech to help the mining industry take the giant step into a new world of digitized education and experiences by using our cutting edge InfernoAR solutions,\u201d said Evan Gappelberg, CEO of NexTech AR. \u201cWe will be transforming virtual exhibitor booths into AR-backed experiences that, for the first time in CIM event history, will put large and complex technologies right in your pocket through a phone or mobile device, which is huge.&#8221;<\/p>\n<p>\n        <strong>Gappelberg continued\u2026.<\/strong> \u201cSpeaker sessions will feature special guests and surprise experiences and will utilize multi-dimensional broadcast solutions instead of simple webcasts to engage attendees in discussions on how new components including AR\/AI and data are revolutionizing mining processes. He continues\u00a0 \u201cCIM is helping to change how mining professionals in even the most remote locations across the globe, gain access to new insights and solutions and we\u2019re thrilled to help power that vision with our virtual experience platform.\u201d<\/p>\n<p>\n        <strong><br \/>\n          <u><br \/>\n            <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=FcURkuoEfMTwCdn1N3VrK45MbD6QWjsFuH4iUP4PbO_jbGMcj_qxvtkA50UR73jeOf0J8lMTeNRUpgZpBhAPQmPVFfy4ahmdXVZs2b9UlmGZMvV7RiUD2gzc7Sotm6JyIrLwlcOfX2L0wK1Dn1JEKnxME6Wyi9oeSV3DdJHMQiUoIQMIUpdch7IlM5E1FWdkp86gbnIxcL8VpwOIzGJDQuiAAPBzhGA5YkNwmy0NG3M=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">Watch NexTech AR Solutions CEO Evan Gappelberg&#8217;s December 2020 Livestream Now<\/a><br \/>\n          <\/u><br \/>\n        <\/strong>\n      <\/p>\n<p>\n        <strong>8&#215;8 Inc (NYSE:EGHT) chief executive officer Dave Sipes: \u201cThe cloud and work from home are transforming business communication\u201d<\/strong>\n      <\/p>\n<p>\u201cThe cloud and work-from-home are transforming business communications for every employee and customer touchpoint, and have become a critical focal point for building competitive advantage for businesses today. 8&#215;8 is well positioned with its Open Communications Platform,\u00a0 which provides a wide breadth of integrated communication tools to power businesses\u2019 critical cloud communications needs. This company has the opportunity to be central to the transformation of work.\u201d<\/p>\n<p>\n        <strong>RingCentral Inc (NYSE:RNG)\u00a0 founder, chairman and chief executive officer Vlad Shmunis: \u201cCloud communication a core tenet for business continuity\u201d<\/strong>\n      <\/p>\n<p>\u201cWith a substantial part of the global workforce continuing to work from home, we see that cloud communication solutions are becoming a core tenet of business continuity. RingCentral&#8217;s importance to all customers for their communication and collaboration needs continues to increase. Leveraging these megatrends, we delivered a solid third quarter. We saw continued strong adoption of RingCentral as our customers are going through their digital transformation journeys, and the numbers are there to prove it.\u201d<\/p>\n<p>\n        <strong>Shmunis on the new \u201chybrid world\u201d\u2026..<\/strong>\u201cCovid has been a tailwind for us as legacy on-premise solutions are now simply inaccessible by most employees. But let&#8217;s look ahead, in the post-COVID world, we don&#8217;t expect things to go all the way back to the way they were at the end of 2019. Businesses are already planning for a hybrid world, where part of the workforce will continue to work from home for the foreseeable future. RingCentral is uniquely positioned to address this new world of work via a differentiated ecosystem of strategic partnerships with major on-premise system vendors, as well as, a number of leading global carriers.<\/p>\n<p>\n        <strong>TECH CAPITAL<\/strong><br \/>\n        \n      <\/p>\n<p>Tech Capital is part of Proactive Investors, which is one of the fastest-growing financial media portals in the world, providing breaking news, commentary, and analysis on listed companies and pre-IPO businesses across the globe.\u00a0<\/p>\n<p>CONTACT<\/p>\n<p>TECH CAPITAL\u00a0<\/p>\n<p>+1 604 688 8158<\/p>\n<p>\n        <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=jRIv9whozXfDo1fnP5FsIfzYOB5KqmrwNZQdwT5N34Ph1nS5V9ZRGq--E_tz-icDOSgWA-WZtKhH7GrSh-5VdUdzZwzfA1dyHOo94OI_feE=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">www.tech-capital.com<\/a>\n      <\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<p>      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=MTAwMDQ0NzM4NCM0MDA4NDI0MjkjMjE1Njk1MQ==\" width=\"1\" height=\"1\" \/><br \/>\n      <br \/>\n      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/ml-eu.globenewswire.com\/release\/track\/62520517-6bda-4458-a7eb-5b83072b7b9e\" width=\"1\" height=\"1\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>New York , Dec. 22, 2020 (GLOBE NEWSWIRE) &#8212; Tech Capital, the trusted source of technology news and analysis, is highlighting recent comments from CEOs of Zoom, Microsoft, NexTech AR Solutions, 8X8 Inc and RingCentral discussing the revolution in communication that has taken place in 2020.\u00a0 Web-based video conferencing software has transformed the workplace, while innovation in the field of virtual and augmented reality (AR\/VR) is doing the same for e-commerce, education and events. Global spending on AR and VR is predicted to hit almost $73 billion by 2024, according to the International Data Corporation. This represents a five-year compound annual growth rate of 54%. \u201c2020 has become a major turning point where enterprises and organizations across all verticals are &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/ceos-of-zoom-microsoft-nextech-ar-8x8-and-ringcentral-discuss-2020s-communication-revolution\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;CEOs of Zoom, Microsoft, NexTech AR, 8X8 and RingCentral discuss 2020\u2019s communication revolution&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-404501","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>CEOs of Zoom, Microsoft, NexTech AR, 8X8 and RingCentral discuss 2020\u2019s communication revolution - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/ceos-of-zoom-microsoft-nextech-ar-8x8-and-ringcentral-discuss-2020s-communication-revolution\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"CEOs of Zoom, Microsoft, NexTech AR, 8X8 and RingCentral discuss 2020\u2019s communication revolution - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"New York , Dec. 22, 2020 (GLOBE NEWSWIRE) &#8212; Tech Capital, the trusted source of technology news and analysis, is highlighting recent comments from CEOs of Zoom, Microsoft, NexTech AR Solutions, 8X8 Inc and RingCentral discussing the revolution in communication that has taken place in 2020.\u00a0 Web-based video conferencing software has transformed the workplace, while innovation in the field of virtual and augmented reality (AR\/VR) is doing the same for e-commerce, education and events. Global spending on AR and VR is predicted to hit almost $73 billion by 2024, according to the International Data Corporation. This represents a five-year compound annual growth rate of 54%. \u201c2020 has become a major turning point where enterprises and organizations across all verticals are &hellip; Continue reading &quot;CEOs of Zoom, Microsoft, NexTech AR, 8X8 and RingCentral discuss 2020\u2019s communication revolution&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/ceos-of-zoom-microsoft-nextech-ar-8x8-and-ringcentral-discuss-2020s-communication-revolution\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2020-12-22T14:03:31+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=MTAwMDQ0NzM4NCM0MDA4NDI0MjkjMjE1Njk1MQ==\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"5 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/ceos-of-zoom-microsoft-nextech-ar-8x8-and-ringcentral-discuss-2020s-communication-revolution\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/ceos-of-zoom-microsoft-nextech-ar-8x8-and-ringcentral-discuss-2020s-communication-revolution\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"CEOs of Zoom, Microsoft, NexTech AR, 8X8 and RingCentral discuss 2020\u2019s communication revolution\",\"datePublished\":\"2020-12-22T14:03:31+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/ceos-of-zoom-microsoft-nextech-ar-8x8-and-ringcentral-discuss-2020s-communication-revolution\\\/\"},\"wordCount\":995,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/ceos-of-zoom-microsoft-nextech-ar-8x8-and-ringcentral-discuss-2020s-communication-revolution\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=MTAwMDQ0NzM4NCM0MDA4NDI0MjkjMjE1Njk1MQ==\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/ceos-of-zoom-microsoft-nextech-ar-8x8-and-ringcentral-discuss-2020s-communication-revolution\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/ceos-of-zoom-microsoft-nextech-ar-8x8-and-ringcentral-discuss-2020s-communication-revolution\\\/\",\"name\":\"CEOs of Zoom, Microsoft, NexTech AR, 8X8 and RingCentral discuss 2020\u2019s communication revolution - 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Global spending on AR and VR is predicted to hit almost $73 billion by 2024, according to the International Data Corporation. 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