TeamViewer Stock Price, News & Analysis

TeamViewer, a leader in remote connectivity, has integrated its solution with SB C&S's aerial drones to enable real-time sharing of video and audio streams. This integration will enhance commercial applications like infrastructure inspections and disaster site assessments. The technology allows seamless transmission over 4G and LTE networks, with potential improvements anticipated with the rollout of 5G. In 2021, TeamViewer reported billings of EUR 548 million and continues to drive digital transformation across various industries.

On December 7, 2021, TeamViewer announced its authorization as a CVE Numbering Authority, joining a select group of global vendors recognized for their cybersecurity efforts. With over EUR 30 million invested in security and a dedicated team of 50 experts, TeamViewer emphasizes its commitment to cybersecurity best practices. The company's involvement in the CVE program enhances its credibility in vulnerability management and demonstrates its proactive approach to addressing cybersecurity challenges, crucial for maintaining trust among its subscribers and stakeholders.

TeamViewer has appointed Sojung Lee as President for the Asia-Pacific region, effective December 2021. This newly created position aims to enhance growth in key APAC markets, focusing on enterprise solutions and building strong alliances with channel partners. Lee, previously a Vice President at SolarWinds and having extensive experience at IBM, will establish a regional sales hub based in Singapore. The appointment reflects TeamViewer's commitment to scaling its operations in an increasingly digital world.

TeamViewer has partnered with Ford Motor Company to enhance automotive repair services through its Frontline solution, featuring augmented reality (AR) capabilities. The 'See What I See' program enables Ford's Technical Assistance Center specialists to support technicians remotely using smart glasses, providing real-time visual assistance. Currently, over 400 Ford dealers are utilizing this innovative service, with positive feedback reported. TeamViewer aims to improve business processes for frontline workers by leveraging AR technology, positioning itself as a key player in the digital transformation landscape.

TeamViewer announced the launch of TeamViewer Classroom, an advanced solution designed for interactive collaboration in educational settings. The platform is fully GDPR-compliant, ensuring it meets strict data protection standards in Europe. Initial deployment will focus on European markets, addressing the growing need for digital education tools accentuated by the pandemic. Key features include document editing, digital boards, and real-time surveys, allowing educators to manage interactions and facilitate group work effectively. TeamViewer Classroom is web-based, accessible on various devices, and supported by the company's technical assistance.

TeamViewer and VINCI Energies have partnered to enhance digital transformation in industrial settings using IoT and AR technologies. The collaboration aims to develop innovative solutions, with VINCI acting as a system integrator for both companies' customers. Their first joint offering is a digital twin solution, which reduces the time to create digital representations of industrial equipment from weeks to hours, facilitating real-time monitoring and management.

Siemens Healthineers has launched WeScan, a remote MRI examination service utilizing TeamViewer's technology to address radiology staff shortages. This service connects healthcare providers with skilled remote technologists who operate MRI scanners using Siemens' syngo Virtual Cockpit. The partnership highlights secure data transmission and high-performance access, crucial for healthcare. WeScan aims to enhance device utilization and patient access while responding to the increasing demand for remote healthcare solutions.