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I’ve been using Zoom for meetings and webinars for more than 3 years. Scientifically Speaking hosts webinars on cyber security, LinkedIn and mobile technology every Friday for financial professionals and wealth managers. As people around the world have begun to work from home, they are looking to Webex (by Cisco) and Skype and Zoom for financial advisors. The best solution meets the needs of the advisor and their client.

Skype - Voice calls, instant messaging, file transfer, and video conferencing. Webex - Connect with anyone, anywhere, any time. Zoom - Video Conferencing, Web Conferencing, Webinars, Screen Sharing. Here’s the full chart comparing Microsoft Teams, Skype for Business, Cisco Webex, Slack, Zoom Chat, RingCentral, and Google Chat. (Best viewed on a laptop/desktop due to the sheer volume of.

Convenience, ease of use, cost and security are all important considerations for virtual meetings. There are several choices, and the correct tool varies from office to office. I facilitate webinars and meeting with all of the major services, and I have discovered the good, the bad and the ugly of each. Here they are:

  • Microsoft Teams is one of the best online collaboration and conferencing application which is used for conducting online meetings similar to likes of Zoom, R-HUB web video conferencing servers, Webex, Gotomeeting etc.
  • Microsoft Teams, Google Meet, Cisco WebEx and Skype: Choosing the right video-conferencing apps for you (free PDF) (TechRepublic) Hiring Kit: Application Engineer (TechRepublic Premium).
  • This way, Microsoft Teams is much cost-effective than Zoom vs Webex vs Skype for the business use. Zoom Vs Microsoft Teams Security If you are looking for Zoom alternatives because of the security issues, Microsoft Teams can be a great option with security features like two-factor authentication and data encryption both in transit and in rest.
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  • Ease of Use: The first time I used Zoom for financial advisors I realized how easy it was to use. Attendees received a link to click. Once they clicked they were connected to the meeting. Skype is very popular, but you have to know the attendee’s Skype address to invite them. Webex is recognized as a corporate solution, and several financial advisors use it. The Zoom chat feature is easy to use during meetings, and attendees can mute themselves and turn off their camera. Advantage: Zoom
  • Integrations: Business owners need integrations with productivity, sales, marketing and financial services. Skype (by Microsoft) is moving everything to Teams, and it has the most integrations. Webex and Zoom collaborate with the major business players. These integrations level the playing field and make them easier to use. There was no discernible difference between the three platforms. Advantage: Even
  • Price / Value: I discovered Zoom because of the cost, and I kept it because of the value ($15 / user / month). Skype / Teams is makes sense if you already use Microsoft 365 (Free). Webex costs the most money ($18 / user / month), but they occasionally have sales. The cheaper solution is not always the best. Consider the number of participants allowed, cloud recording and the length of the meetings / webinars. Zoom provides the most attendees and meeting time at the best price. Advantage: Zoom
  • Security: This is where Zoom originally dropped the ball. For years they touted their service has end to end encryption, but that wasn’t true. Security and data protection are critical when using Zoom for financial advisors. WebEx Teams features Personal Room Locking and Encrypted Cloud Storage for added security. Advantage: Webex
  • Special Features: Great webinars make it very similar to being in the room with people. Zoom and Teams make it intuitive and easy to do things like blur your background and add emojis. Webex by Cisco is more corporate, and some features are only available for certain levels. Zoom makes it easy to saving meetings to the cloud, host more than 100 people and share your screen. Advantage: Zoom

Zoom Vs Skype Vs Webex

Business will never be the same, and webinars are a resource for helping professionals keep up. Webex by Cisco, Skype (Teams) and Zoom are robust tools to build engagement and increase communication with prospects, clients, customers and coworkers. Each has distinct advantages, but we find Zoom to be the best solution for most businesses. Try it out, but the paid version is worth the extra money.

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