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), a leader in go-to-market software, announced participation in the Canaccord Genuity 41st Annual Growth Conference on August 11, 2021. The event will be webcast live, and a replay will be available on their investor relations site. The company empowers over 20,000 businesses worldwide with its comprehensive data and technology solutions that enhance sales, marketing, and recruiting processes.
For more details on presentations and event specifics, visit ZoomInfo's investor relations website.
ZoomInfo Technologies Inc. (NASDAQ: ZI) announced a secondary offering of 27 million shares of its Class A common stock at a price of $55.25 per share, with the proceeds going to selling stockholders including TA Associates, The Carlyle Group, and others. No proceeds will go to ZoomInfo itself. The offering is set to close on August 6, 2021, subject to customary conditions. Morgan Stanley is the underwriter. The last reported price of ZoomInfo stock was $56.50 on August 3, 2021. This announcement follows a registration statement with the SEC that is now effective.
ZoomInfo Technologies announced an upsized secondary offering, increasing shares from 20 million to 27 million. The selling stockholders, including TA Associates and The Carlyle Group, will retain all proceeds. No shares are sold by ZoomInfo itself. The last sale price per share was $54.78. Morgan Stanley is acting as the underwriter, with the offering executed under a previously effective SEC registration statement. The company emphasizes that this does not constitute a solicitation to buy shares in unauthorized jurisdictions.
ZoomInfo Technologies Inc. (NASDAQ: ZI) announces a secondary offering of 20,000,000 shares of its Class A common stock by selling stockholders, including investment funds affiliated with TA Associates, Carlyle, and 22C Capital. The sale is pursuant to a shelf registration statement with the SEC, and proceeds will go to the selling stockholders. No shares are sold by ZoomInfo itself. The offering is underwritten by Morgan Stanley, who will set a fixed price for shares. The last reported price of ZoomInfo’s stock was $54.78 per share on August 2, 2021.
ZoomInfo (NASDAQ: ZI) reported strong financial results for Q2 2021, achieving revenue of $174.0 million, a 57% increase year-over-year. The operating income stood at $40.9 million, with a GAAP margin of 24% and an adjusted margin of 43%. Cash flow from operations reached $88.6 million, reflecting a 250% increase. The company acquired Chorus.ai and Insent.ai, enhancing its go-to-market capabilities. For Q3 2021, ZoomInfo anticipates revenue between $182 million and $184 million.
Chorus.ai, a leader in Conversation Intelligence, has launched a new app for Zoom Video Communications, Inc., enhancing real-time engagement during meetings. This app, embedded within Zoom, allows sales teams to take live notes, collaborate seamlessly, and sync directly with customer relationship management systems like Salesforce. The integration aims to strengthen customer interactions and improve conversion rates. This innovation follows the introduction of the Momentum feature suite, which leverages AI insights to minimize deal risks, demonstrating Chorus.ai's commitment to improving sales team productivity and effectiveness.
ZoomInfo Technologies announced an offering of an additional $300 million in 3.875% Senior Notes due 2029. These Additional Notes will be treated as part of the same series as the Initial Notes issued in February 2021. The Additional Notes will be priced at 99.25% of their face value. Proceeds from the offering will be used to repay revolving credit borrowings, cover fees, and for general corporate purposes. The offering is expected to close on July 15, 2021, pending customary conditions. Notably, the Additional Notes will not be registered under the Securities Act.
ZoomInfo (NASDAQ: ZI), a leader in modern go-to-market software, has announced the acquisition of Chorus.ai for approximately $575 million in cash. This strategic purchase will enhance ZoomInfo's intelligence layer with advanced insights from sales conversations, expanding its total addressable market to $70 billion. The acquisition is expected to generate positive adjusted operating income within 12 months and be accretive to cash flow in the second half of FY 2022. Chorus's technology, backed by a strong patent portfolio, will empower revenue teams and improve engagement strategies.
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