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Zoom Teams Up with Oracle to Enhance Customer Experience on Cloud Platform
Zoom has announced a strategic partnership with Oracle Corporation to enhance its customer experience platform by leveraging Oracle Cloud Infrastructure, marking a significant expansion in its service capabilities.
- On Monday, Zoom (software) revealed its partnership with Oracle Corporation, allowing Zoom CX to operate on Oracle Cloud, thus broadening its customer experience offerings.
- The collaboration aims to improve workflow efficiency and customer engagement, further solidifying Zooms strong market position, currently reflected in its impressive 76% gross profit margins.
- Zooms stock is currently valued at $80.47, with analysts from InvestingPro labeling it as undervalued, which could attract more investors following this strategic alliance with Oracle Corporation.
Why It Matters
This partnership highlights the growing importance of cloud-based solutions in enhancing customer experience across industries. As companies seek to improve workflow and engagement, collaborations like this position Zoom and Oracle Corporation as leaders in the evolving digital landscape.