In today’s fast-paced and ever-changing business environment, engaging employees and driving culture through connection has become more important than ever before. With the majority of the US workforce consisting of frontline workers and many employees working from home or in remote locations, leaders must think differently to retain talent and maintain company culture. Zoom’s recent acquisition of Workvivo, a modern employee experience platform, offers a solution to this challenge by providing advanced internal communication and engagement tools that allow businesses to fully unlock the potential of their employees and evolve their company culture in a hybrid world. In this article, we will explore how Workvivo and Zoom’s best-in-class collaboration platform are revolutionizing employee engagement and enhancing the digital ecosystem for businesses of all sizes, from SMBs to global brands.
- The acquisition of Workvivo by Zoom offers a modern employee experience platform that provides advanced internal communication and engagement tools for businesses to fully unlock their employees’ potential in a hybrid world.
- With the majority of the US workforce consisting of frontline workers and many employees working remotely, engaging employees and driving culture through connection has become more important than ever before.
- Workvivo’s platform prioritizes ease-of-use and simplicity of design, offering the best user experience and allowing businesses to reach and engage millions of employees worldwide.
In today’s fast-paced and ever-changing business environment, engaging employees and driving culture through connection has become more important than ever before. With the majority of the US workforce consisting of frontline workers and many employees working from home or in remote locations, leaders must think differently to retain talent and maintain company culture. That’s where the recent acquisition of Workvivo by Zoom comes in, providing advanced internal communication and engagement tools that allow businesses to fully unlock the potential of their employees and evolve their company culture in a hybrid world.
Workvivo’s employee experience platform offers a modern solution for businesses of all sizes, from SMBs to global brands. The platform combines advanced internal communication and engagement tools, a social intranet, and an employee app all blended into one central hub, forming the heart of a company’s digital ecosystem. Workvivo’s best-in-class offering has seen triple-digit growth in the last three years and is used and trusted by hundreds of customers worldwide, including Liberty Mutual, Lululemon, Ryanair, Madison Square Garden, and Wynn Resorts.
The power of Workvivo’s platform, with its robust communications and engagement offering combined with Zoom’s all-in-one collaboration platform, allows organizations to fully unlock the potential of their employees and evolve their company culture in a hybrid world. Workvivo’s founders John Goulding and Joe Lennon, and the entire Workvivo team, will be instrumental in driving employee experience innovation strategy following the close of the transaction, with Zoom planning to incorporate Workvivo’s capabilities into its platform to deliver a best-in-class employee experience.
With Workvivo’s emphasis on ease-of-use and simplicity of design, offering the best user experience, and Zoom’s dedication to building products with a human-first mindset, the two companies are a perfect match. Together, they can make teamwork more meaningful and extend collaboration beyond knowledge workers, allowing businesses to reach employees who have historically felt disconnected from the company.
Engaging employees and driving culture through connection is no longer a ‘nice to have’ – it’s imperative for success in today’s business environment. With Workvivo and Zoom’s collaboration, businesses can revolutionize employee engagement and enhance their digital ecosystem, unlocking the potential of their employees and driving success in the digital-first workplace.
FAQ
Q: What is Workvivo?
A: Workvivo is a modern employee experience platform that offers advanced internal communication and engagement tools, a social intranet, and an employee app, all blended into one central hub, forming the heart of a company’s digital ecosystem.
Q: Why did Zoom acquire Workvivo?
A: Zoom acquired Workvivo to extend its platform and offer its customers new ways to keep employees informed, engaged, and connected. With the acquisition of Workvivo, Zoom aims to provide a best-in-class employee experience and enhance its collaboration platform to enable modern work and power the digital-first workplace.
Q: Who uses Workvivo?
A: Workvivo is used and trusted by hundreds of customers worldwide, from SMBs to some of the world’s most well-known brands, including Liberty Mutual, Lululemon, Ryanair, Madison Square Garden, and Wynn Resorts.
Q: How will Workvivo’s capabilities be incorporated into Zoom’s platform?
A: Following the close of the transaction, Zoom plans to incorporate Workvivo’s capabilities into its platform to deliver a best-in-class employee experience. Workvivo’s founders and the entire team will be instrumental in driving employee experience innovation strategy.
Q: When will the acquisition be completed, and what are the terms of the transaction?
A: The transaction is expected to close in Q1 FY2024, and the terms of the transaction were not disclosed.
