ZoomInfo Technologies Expands in India, Plans to Hire 300 Employees and Relocate to New Office in Chennai

☀️Trending News

ZOOMINFO ($NASDAQ:ZI): ZoomInfo Technologies is making a major move in India by hiring 300 new employees for its team and relocating to a new office in Chennai. ZoomInfo Technologies is a cloud-based platform that provides businesses of all sizes access to comprehensive and accurate professional profile data. With its innovative technology, ZoomInfo is revolutionizing the way people connect and engage with data to find and share information about people, companies, and job opportunities. The company’s expansion into India is part of its global growth plan to make the information available to more businesses worldwide. The new 300 employees will join ZoomInfo’s existing team in India and will help expand its presence even further in the region.

It also plans to open additional offices in India soon, so it can better serve its customers in the country. This new facility will provide the necessary space to accommodate the growth of the company’s team and operations, as well as provide an improved working environment for all employees. This expansion will enhance the company’s ability to serve customers in the region and continue to deliver the most comprehensive and accurate professional profile data.

Price History

This expansion in India is part of ZoomInfo Technologies‘ larger global plan, with the goal of increasing their presence in key markets around the world. The plan includes expanding their workforce, opening new offices, and introducing new products and services. ZoomInfo Technologies is confident that this expansion in India will lead to increased productivity, as well as better customer service and support.

The company also hopes that this move will help them to better compete in the global market. With the addition of 300 new employees to their workforce, ZoomInfo Technologies is well on their way to becoming a major player in the Indian market. Live Quote…

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for Zoominfo Technologies. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for Zoominfo Technologies. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for Zoominfo Technologies. More…

Key Ratios Snapshot

Some of the financial key ratios for Zoominfo Technologies are shown below. More…

Analysis

Our analysis of ZOOMINFO TECHNOLOGIES with the help of GoodWhale reveals that it is classified as a ‘gorilla’ type of company, which is a type of company that has achieved stable and high revenue or earning growth due to its strong competitive advantage. This makes it an attractive option for investors looking for a healthy return on their investments. Furthermore, our star chart of ZOOMINFO TECHNOLOGIES reveals that it is strong in growth, medium in profitability and weak in asset, dividend. This indicates that investors may be interested in the company’s promising growth prospects, but may not be as keen on the potential returns from its income streams and assets. Finally, our health score of 8/10 for ZOOMINFO TECHNOLOGIES indicates that it is in a good position to sustain future operations in times of crisis. This is because its cashflows and debt are sufficient enough to cover operations and other expenses. Therefore, investors can expect stability in their investments with ZOOMINFO TECHNOLOGIES. More…

Peers

Its competitors include Salesforce Inc, Snowflake Inc, Microsoft Corp.

– Salesforce Inc ($NYSE:CRM)

Salesforce is a cloud-based customer relationship management software company. They offer a variety of software solutions for businesses of all sizes, including Sales Cloud, Service Cloud, Marketing Cloud, Commerce Cloud, and more. Their products are designed to help businesses automate and streamline their sales, marketing, customer service, and commerce processes. Salesforce has a market cap of $162.59B as of 2022 and a Return on Equity of 0.08%.

– Snowflake Inc ($NYSE:SNOW)

Snowflake Inc is a data warehouse company that focuses on cloud-based data warehousing. The company has a market cap of 51.3B as of 2022 and a Return on Equity of -8.11%. Snowflake was founded in 2012 and is headquartered in San Mateo, California. The company went public in September 2020.

– Microsoft Corp ($NASDAQ:MSFT)

Microsoft Corporation is an American multinational technology company with a market cap of 1.7 trillion as of April 2021. It develops, manufactures, licenses, supports, and sells computer software, consumer electronics, personal computers, and services. Its best known software products are the Microsoft Windows line of operating systems, the Microsoft Office suite, and the Internet Explorer and Edge web browsers. Its flagship hardware products are the Xbox video game consoles and the Microsoft Surface lineup of tablets, laptops, and desktop computers. The company also has a cloud computing division called Azure and a professional social network LinkedIn.

Summary

ZoomInfo Technologies is an information technology company focused on providing market intelligence and data insights to businesses. It has recently announced an aggressive hiring spree of 300 employees in India, with an aim to expand their operations into the country. ZoomInfo’s data-driven analysis assists customers in making strategic investments and navigates the changing landscape of the digital economy. With its ever-growing presence in the global markets, ZoomInfo Technologies is one of the most reliable sources for comprehensive market analysis.