![]() With more than 2.5 million downloads & a user rating over 4.5 stars, GoToMeeting is the premier mobile meeting app on the iOS market today. Whether it’s a business-critical meeting, or a casual discussion, we know that every conversation is important. The company's share value dropped 16.4% after announcing a global leadership restructuring earlier this month and plunged 23% on the day they released third-quarter financial forecasts that fell short of analyst predictions, according to the website Seeking Alpha.The GoToMeeting mobile app gives you the accessibility & reliability you need to take your work with you on the road & across the globe. LogMeIn is trying to fight back from a beating over several months on Wall Street. "The challenge for them is to build a cohesive platform that can compete with the likes of 8x8, RingCentral, or any one of a number of BroadSoft-based services out there." "They have a large install base on the different products that they have," said Irwin Lazar, analyst at Nemertes Research. Integrating the LogMeIn products so that users could seamlessly switch between the two of them could help boost sales of both by making the combination more appealing. "It seems like they've just been collecting collaboration stuff without much thought towards the long-term plans."įrom a technology standpoint, users currently get no benefit from using Jive and GoToMeeting together. "At a bare minimum, if they are going to rebound and reemerge as a major collaboration vendor, they have got to bring together," Kerravala said. ![]() GoToMeeting's market share has been hit particularly hard by the rise of Zoom, with anecdotal evidence suggesting that many customers have opted to switch to Zoom as their GoToMeeting licenses have expired, Kerravala said. ![]() While LogMeIn has been figuring out how to handle this portfolio, smaller, more nimble vendors like Zoom and Slack have taken big chunks of the market, said Zeus Kerravala, founder and principal analyst at ZK Research in Westminster, Mass. ![]() In addition to Jive and GoToMeeting, the vendor also owns GoToWebinar for webcasting, OpenVoice for conference calls, and for small business web conferencing. LogMeIn's recent acquisitions have left the company with a set of collaboration products that are related to - but not integrated with - one another. The bundling was "a precursor of our integrated product we'll release here in 2019," he said.Ī LogMeIn representative said the company would unveil "a new UCC brand" at Enterprise Connect, but the company declined to comment further, saying it had not finalized the upcoming announcement. LogMeIn sold 80,000 seats on Jive and GoToMeeting after bundling pricing for the two platforms in the second half of 2018, LogMeIn CEO Bill Wagner told investors earlier this month, according to a transcript of LogMeIn's fourth-quarter earnings call. Before those purchases, the company primarily made remote access software. LogMeIn acquired Jive Communications, a cloud PBX vendor targeting the small and midsize markets, for $357 million in February, after buying the GoToMeeting suite from Citrix in 2016. LogMeIn plans to release more details on the new offering at the Enterprise Connect conference in Orlando, Fla., next month. The combined product would be among the most significant milestones in the company's three-year campaign to establish itself in the unified communications and collaboration (UCC) market.
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