Cvent and Zoom Team Up to Deliver World-Class Hybrid Events

Rhea-AI Summary

Cvent and Zoom Video Communications have announced a collaboration aimed at enhancing hybrid events. This integration allows organizations using Cvent for in-person events to seamlessly connect with Zoom Events, providing an engaging hybrid experience. Attendees can experience this collaboration at Zoomtopia 2022. The partnership signifies a strategic move to support organizations in managing complex event environments effectively, leveraging technology to boost attendee engagement.

Positive

• Collaboration with Zoom enhances Cvent's offerings for hybrid events.
• Integration allows clients to leverage advanced technology for improved event management.
• Participation in Zoomtopia showcases the partnership's capabilities.

Negative

• Forward-looking statements indicate uncertainty and risks related to the collaboration's expected benefits.

 Collaboration brings two industry leaders together to support the complex needs of hybrid events

SAN JOSE, Calif. & TYSONS, Va.--(BUSINESS WIRE)-- Cvent (Nasdaq: CVT) a market-leading meetings, events, and hospitality technology provider and Zoom Video Communications, Inc. (Nasdaq: ZM) today announced that the two organizations would team up to power hybrid events. Organizations that are already working with the Cvent platform for in-person events will soon be able to integrate with Zoom Events to deliver an engaging and impactful end-to-end hybrid experience. This combined solution can be seen firsthand at Zoomtopia, an event powered by both Zoom Events and Cvent technologies. Organizations may leverage the same capabilities used at Zoomtopia through Cvent’s App – soon available in the Zoom App Marketplace – that supports Zoom Meetings, Zoom Webinars, and Zoom Events.

“We recognize the value Cvent brings as a long-time leader powering in-person events around the world,” said Steven Li, ISV Sales and Strategy Leader at Zoom. “Zoom has always been a company built to connect and bring people together, which is why we are excited to team up with Cvent so that our customers can seamlessly tap into our best-in-class platforms to deliver more dynamic and impactful hybrid events.”

“In today’s event environment, an organization’s Total Event Program includes a blend of in-person, virtual, and hybrid events to maximize attendee engagement, reach and overall program impact,” said Cvent CMO Patrick Smith. “But without the right technology partners, organizations often struggle to effectively manage and execute their more complex hybrid experiences. As a leading communications platform, Zoom recognized this area of opportunity, and we’re excited to work with Zoom to help our mutual clients deliver world-class hybrid experiences.”

Cvent is supporting the in-person experience at Zoomtopia 2022, Zoom’s global hybrid conference.

About Cvent

Cvent Holding Corp. (Nasdaq: CVT) is a leading meetings, events, and hospitality technology provider with more than 4,800 employees and over 21,000 customers worldwide as of September 30, 2022. Founded in 1999, the company delivers a comprehensive event marketing and management platform and offers a global marketplace where event professionals collaborate with venues to create engaging, impactful experiences. Cvent is headquartered in Tysons, Virginia, just outside of Washington D.C., and has additional offices around the world to support its growing global customer base. The comprehensive Cvent event marketing and management platform offers software solutions to event organizers and marketers for online event registration, venue selection, event marketing and management, virtual and onsite solutions, and attendee engagement. Cvent’s suite of products automate and simplify the event management lifecycle and maximize the impact of in-person, virtual, and hybrid events. Hotels and venues use Cvent’s supplier and venue solutions to win more group and corporate travel business through Cvent’s sourcing platforms. Cvent solutions optimize the event management value chain and have enabled clients around the world to manage millions of meetings and events. For more information, please visit Cvent.com.

Cautionary Note Regarding Forward-Looking Statements

This press release contains “forward-looking statements” including, but not limited to, statements regarding Cvent’s and Zoom’s expectations, beliefs, intentions or strategies regarding the future. These statements are based upon current beliefs and are subject to many risks and uncertainties that could cause actual results to differ materially from these statements, including: the risk that the benefits described in this release are not realized; whether all functions and capabilities discussed in this release will be available as and when stated; and other factors beyond Cvent’s or Zoom’s control. All forward-looking statements are based on information available to Cvent and Zoom on the date hereof, and Cvent and Zoom assume no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

View source version on businesswire.com: https://www.businesswire.com/news/home/20221107006193/en/

Cvent Media

Erica Stoltenberg

estoltenberg@cvent.com

571.378.6240

Source: Cvent Holding Corp.

FAQ

What is the recent collaboration between CVT and ZM about?

Cvent and Zoom are collaborating to enhance hybrid events by integrating their platforms.

How will the integration of CVT and ZM benefit clients?

Clients can create more engaging hybrid experiences by leveraging the capabilities of both Cvent and Zoom.

Where can the combined solution from CVT and ZM be seen?

The combined solution will be showcased at Zoomtopia 2022.

What does Cvent do?

Cvent is a leading provider of meetings, events, and hospitality technology.

What are the risks mentioned in the CVT and ZM partnership announcement?

The risks include uncertainties about the realization of described benefits and availability of discussed features.