Reliance Jio is soon to enter the video conferencing market with its platform called ‘JioMeet‘. The news was shared on Thursday when RIL was announcing its quarterly earnings for the fourth quarter. Jio has also assured that the app is just a few days away from launch.
The app will come integrated with Jio’s eHealth platform. It will allow users to consult doctors virtually, get prescriptions, order medicines, and more. Apart from that, the app will have eEducation platform that will create virtual classrooms for students and teachers, record sessions and notes, organize time-bound tests.
Jio will bring Jio Meet as a platform that would be available across Android and iOS devices as well as on Windows and macOS computers. As reported by Hindustan Times, the video conferencing solution will also be accessible on Outlook through a plugin or even via Google Chrome and Mozilla Firefox. It is also claimed to offer HD-quality experience across devices. Furthermore, users will be able to log in using email IDs and passwords or join a video conference as a guest.
JioMeets is said to compete with apps like Zoom, Microsoft Teams, and with Facebook’s newly-launched Messenger Rooms. Facebook had recently announced an investment of $5.7 billion for a 9.99 percent stake in Jio Platforms.
Pankaj Pawar, senior VP, Reliance Jio Infocomm, told reporters that the app would offer Indians the most secure environment that was at the same time super easy to use.
According to the company’s earnings report for Q4 FY20, Jio added 17.5 million wireless subscribers and serves 388 million Indians. Revenues went up 27 percent a year of the year at Rs 14,835 crore, while EBITDA (Earnings before interest, tax, depreciation, and amortization) was up 43 percent year on year at Rs 6,201 crore. Quarterly net profit at Rs 2,331 crore was up 177 percent year on year.
