Zoom Video Communications Inc sets up &D center in Singapore

On Wednesday, in a statement Zoom Video Communications Inc stated, it would expand its footprint in Singapore by opening a research and development centre; it also plans on hiring hundreds of engineers for its new office premise.

Zoom also plans on doubling its data centre capacity in Singapore. It launched its first data centre in Singapore earlier this year in August.

With the coronavirus-induced lockdown forcing millions of consumers to stay at home, Zoom saw a surge in its video conferencing service.

“We plan to immediately hire employees,” said Velchamy Sankarlingam, Zoom’s president of product and engineering.

Zoom has yet to select the location for its data centre. The data centre will add to its existing R&D centers in India, the United States, and China.

Previously Zoom said, its hiring plans for Singapore would include engineers and sales staff. It has more than 3,800 employees globally.

Zoom did not provide a headcount for its Singapore operations.

Although its share price has shot up by 500% in 2020, last month it said its margins would remain under pressure in 2021. A high number of free users offsets its spike in costs to maintain growth.

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