Zoho struggled to find the right technology partner required to advise on the complex chipmaking processes, one of the sources said
Zoho's Sridhar Vembu has sounded an alarm about the future of India's software and IT services sector, arguing that the industry is facing a fundamental reckoningnot just a cyclical downturn or a challenge from artificial intelligence, but a structural shift that will reshape the next several decades. In a post on X, Vembu contended that inefficiencies in products and services have long plagued the global software industry. "My operating thesis: what we are seeing is not just a cyclical downturn and it is not just AI related. Even without the uncertainty induced by tariffs, there was trouble ahead. "The broader software industry has been quite inefficient, both in products and services. These inefficiencies have accumulated over decades of a prolonged asset bubble," Vembu, who stepped down as CEO in the IT firm in January to focus on R&D, wrote. He noted that India, as a major exporter of software and IT services, has adapted to and even relied on these inefficiencies, with ...
At present they can make 10,000 two-wheelers a year, easily scalable up to 30,000 units a year in three shifts
Tech tycoon Sridhar Vembu reacted to rumours that he was going into politics after resigning as CEO of Zoho Corporation. His post comes after speculation went around that he was joining politics
Vembu's decision to step down as Zoho CEO comes at a critical moment, one when artificial intelligence (AI) is rapidly changing the computing landscape
Zoho's Sridhar Vembu supports the call for non-natives in Bengaluru to learn Kannada, saying it is a sign of respect for local culture and community integration
Freshworks 'should not expect any loyalty from employees ever', he says
Says India customer base grew by 31 per cent in CY23
According to the ministry of finance data, digital payment transactions volume reached a staggering Rs 11,660 crore in 2023 from Rs 3,134 crores in 2018-19
According to media reports, Zoho has also submitted a proposal to the Indian government seeking incentives for a semiconductor fab plant
Indian startups and researchers have over the years worked on the technology to build practical solutions
Currently in a beta phase, Zoho plans a full roll out by the end of 2024
Revenue growth in the US was 24.7%, followed by 29.7% in Europe
Global technology company Zoho Corp on Wednesday said it has signed a strategic partnership with PwC India to help medium and large enterprises in the country accelerate their digital transformation journey. The alliance between the two entities brings Zoho's product portfolio of over 55 products with PwC's expertise in driving digital transformation strategy through advisory and consulting services. PwC India and Zoho as per the tie-up, would focus on providing clients and businesses with transformation solutions such as customer experience platforms, custom applications, HR technology, and financial management applications. "We are confident that our customers will benefit from the breadth and depth of Zoho's offering coupled with the industry expertise of PwC. We plan to expand our partnership with PwC to other geographies in the coming years," Zoho Corp Head-Channel Ecosystem, Bishan Singh said. PwC India, Partner and Leader-Alliances and Ecosystems Vivek Belgavi said, "With ..
The PwC India- Zoho partnership "will accelerate their digital transformation journey" of medium to large enterprises in the country, PwC India said
With his move from Bay Area to a faraway farm, Vembu is living his 'locally rooted, globally connected' philosophy, writes Shine Jacob
In an exclusive interaction with Business Standard, Sridhar Vembu say the trend of large-scale layoffs in Silicon Valley has now hit Indian shores
CEO Sridhar Vembu says company wants to create 'economically prosperous rural communities' through its offices
Zoho's investments in rural areas will focus on nurturing local talent, building deep-tech capabilities, promoting organic farming and powering overall community development
Zoho Corporation has used its engineering capability to build a truly world-class product