Welcome to our dedicated page for Zoominfo Technologies news (Ticker: ZI), a resource for investors and traders seeking the latest updates and insights on Zoominfo Technologies stock.
Overview
ZoomInfo Technologies Inc. is a sophisticated cloud-based go-to-market intelligence platform designed for sales and marketing professionals. As a trusted source of B2B contact and company data, ZoomInfo delivers accurate, actionable intelligence that enables organizations to refine their marketing campaigns and improve sales prospecting. The platform integrates cutting-edge technology and advanced data quality tools, ensuring that the information provided remains continuously updated and reliable.
Core Business and Value Proposition
The heart of the ZoomInfo platform lies in its ability to compile and curate a massive database of business and professional intelligence. This extensive repository is leveraged to assist businesses in accelerating profitable growth by providing direct access to critical contact details such as on-demand direct dial phone numbers, email addresses, and comprehensive background information. The service supports a subscription-based model where clients gain scalable access to data-driven insights that underpin effective sales and marketing strategies.
Data Quality and Technological Integration
To maintain the integrity of its continually updated database, ZoomInfo employs sophisticated data quality monitoring tools. The recent collaboration with Telmai, an AI-powered data observability platform, underscores the company’s commitment to ensuring that every data point is monitored for accuracy and consistency. By integrating machine learning-driven anomaly detection and automated remediation workflows, ZoomInfo is able to proactively manage and elevate the quality of its vast data ecosystem. This integration not only streamlines operational processes but also significantly reduces resource overhead by automating data quality assessments across complex, multi-cloud infrastructures.
Business Model and Revenue Generation
ZoomInfo’s business model is primarily centered around a subscription service that grants customers access to its expansive data intelligence platform. This model is supported by ongoing efforts to enhance the database with real-time updates and precise analytics which are critical for refined customer acquisition strategies. The company firms up its competitive edge by continually evolving its data collection methodologies and integrating sophisticated technology partnerships that help monitor data quality across numerous storage solutions like data warehouses and lakes.
Market Position and Competitive Landscape
In the competitive landscape of business intelligence and data analytics, ZoomInfo distinguishes itself through a combination of scale, data accuracy, and advanced technological frameworks. Its robust database processes billions of data points daily, providing sales and marketing teams with timely and relevant insights. The platform’s focus on real-time, high-quality intelligence allows it to maintain a strong presence in a market where precision and efficiency are crucial. Although there are several competitors in the go-to-market intelligence segment, ZoomInfo’s commitment to integrating modern data quality solutions and continuous innovation positions it as a reliable and authoritative source of business intelligence.
Operational Efficiency and Technological Infrastructure
The company’s operations are deeply embedded in the use of cloud-based technologies and open data architectures. ZoomInfo’s strategic emphasis on integrating solutions that support open-table formats, alongside data warehouses and lakes, provides a flexible yet robust infrastructure. The capability to seamlessly connect and scan new data sources quickly translates into enhanced operational efficiency and an improved user experience for its clients. Utilization of advanced tools such as Telmai further reinforces its operational durability by ensuring that anomaly detection and data channeling are performed with minimal manual oversight, thus fortifying the reliability of its intelligence.
Customer Focus and Application
For sales and marketing teams, access to accurate and actionable business intelligence is crucial. ZoomInfo addresses this need by delivering a platform that streamlines the process of contact acquisition and customer identification. This targeted approach not only supports the execution of more efficient marketing campaigns but also enhances sales prospecting by providing direct contact channels and in-depth organizational profiles. The clear emphasis on data quality and proactive monitoring ensures that the information remains both relevant and useful over extended periods, thereby fostering trust and long-term customer satisfaction.
Industry Terminology and Analytical Excellence
Throughout its operations, ZoomInfo employs a vocabulary that resonates with industry professionals. Terms such as 'B2B contact data', 'go-to-market intelligence', and 'machine learning-driven data quality monitoring' are integral to understanding the company’s multifaceted approach. Such technical precision bolsters the platform’s authority and reinforces its reputation as an expert resource in the realms of data analytics and business intelligence. This lexicon not only clarifies the company’s strategic intentions but also inspires confidence among users seeking detailed, nutritive insights into market trends and customer behaviors.
Strategic Positioning and Operational Sustainability
ZoomInfo’s ability to process over a billion data points daily and deliver critical insights to a diverse clientele reflects its strategic positioning within the market. The company’s focus on maintaining rigorous data quality through advanced technological integrations demonstrates its commitment to sustainability and operational excellence. Every aspect of the platform is finely tuned to deliver a seamless user experience that prioritizes both information accuracy and operational simplicity. By focusing on reliability and continuous improvement, ZoomInfo has cultivated a reputation for being a steadfast and meticulously managed data intelligence partner.
Conclusion
In summary, ZoomInfo Technologies Inc. exists at the confluence of advanced data analytics, cloud-based intelligence, and automated quality monitoring. Its commitment to delivering updated, actionable insights through innovative technological integrations—including AI-driven data observability—positions it as a cornerstone tool for modern sales and marketing teams. By continually refining its database and operational processes, the company solidifies its role as a crucial enabler for organizations seeking to enhance their B2B strategies and drive profitable growth. This comprehensive approach, underpinned by transparent methodologies and a focus on quality, affirms ZoomInfo's standing as an authoritative source of business intelligence in a landscape that is increasingly dependent on superior data accuracy and operational efficiency.
ZoomInfo (NASDAQ: ZI) announced its executives will participate in several upcoming investor events. Key conferences include the RBC Capital Markets Global TIMT Conference on Nov. 16, Credit Suisse Technology Conference on Nov. 29, Wells Fargo TMT Summit on Nov. 30, UBS Global TMT Conference on Dec. 5, and Nasdaq Investor Conference on Dec. 6, 2022. For event specifics, including webcast details, visit the company’s investor relations website.
ZoomInfo provides modern go-to-market software, data, and intelligence, serving over 30,000 companies worldwide with its RevOS system.
ZoomInfo (NASDAQ: ZI) reported strong Q3 2022 results with GAAP revenue of $287.6 million, marking a 46% increase year-over-year. GAAP operating margin stood at 18% with adjusted operating income margin at 41%. Cash flow from operations reached $85.7 million and unlevered free cash flow was $99.8 million. The company expects Q4 2022 GAAP revenue between $298-$300 million and full-year 2022 revenue at $1.08-$1.09 billion.
ZoomInfo enhances its data-driven solutions and continues to grow its B2B database, now exceeding 235 million profiles.
ZoomInfo (NASDAQ: ZI) has renewed its TRUSTe Enterprise Privacy Certification Seal, reinforcing its commitment to global data privacy and security standards. This certification demonstrates compliance with ISO/IEC 27001 and SOC 2 Type II practices, essential for ensuring data governance and privacy. Additionally, ZoomInfo has joined SAFECode, enhancing its software security capabilities alongside major tech firms. The company aims to maintain high privacy standards and manage customer trust effectively, evidenced by ongoing certifications since 2020.
ZoomInfo (NASDAQ: ZI) has achieved a record 28 No. 1 rankings in the G2 Fall 2022 Grid® Reports, marking the highest number in its history. The company received a total of 167 awards, dominating categories like Lead Capture and Buyer Intent Data Tools. For ten consecutive quarters, it was ranked as the No. 1 Enterprise solution in Sales Intelligence and Marketing Account Intelligence. ZoomInfo's success reflects its innovative platform and commitment to customer satisfaction, as stated by CEO Henry Schuck.
ZoomInfo (NASDAQ: ZI) announced that it will release its third quarter 2022 financial results on Tuesday, Nov. 1, 2022, after U.S. market close. A conference call is scheduled for 4:30 p.m. ET to discuss these results. Investors can access the release and related materials via the Investor Relations section of the company's website.
As a global leader in go-to-market software, ZoomInfo serves over 30,000 companies with its data and intelligence solutions.
ZoomInfo (NASDAQ: ZI) has significantly expanded its global contact database, now exceeding 235 million B2B profiles, with over 145 million contacts from international markets. The company added approximately 60 million profiles this year, primarily from the U.K., India, and Canada. ZoomInfo emphasizes data integrity and compliance with global regulations, including GDPR. Their data enhancements enable companies to target customers effectively, streamline sales processes, and improve talent acquisition, further solidifying ZoomInfo's position as a leading go-to-market intelligence provider.
ZoomInfo (NASDAQ: ZI) has appointed Andrew Riesenfeld as Senior Vice President of Business Development, focusing on enhancing their sales development and enablement teams. Riesenfeld aims to optimize the company's go-to-market strategies, drawing on over a decade of SaaS leadership experience, including previous roles at DocuSign, where he significantly increased revenue from $200 million to $2.5 billion. CEO Henry Schuck expressed confidence in Riesenfeld's capabilities, anticipating an immediate and lasting impact on the organization.
ZoomInfo (NASDAQ: ZI) announced an expansion of its technographic data, providing insights into technology solutions used by over 30 million companies. This dataset now includes more than 300 million technology pairings, enhancing sales and marketing targeting capabilities. The expanded data enables identification of a company’s tech stack across over 200 technology categories, driving efficiency in prospecting. Nearly 90% of tech-to-company pairings have been updated in the last three months, ensuring accurate tracking of technology usage.
ZoomInfo (NASDAQ: ZI) announced a significant expansion of its company coverage, tripling its database to include over 100 million businesses through enhanced data acquisition and machine learning. The new data pipeline improves accuracy and allows customers to target a wider market, particularly smaller businesses with limited online presence. ZoomInfo now provides comprehensive data, including revenue, headcount, and industry classifications for all companies in its database, and has doubled its non-headquarter locations to over 35 million, enhancing sales opportunities.