Indian multinational Zoho Corporation marks the fact that its Zoho One app – a suite of web-based tools used by businesses – is now used by 50,000 organizations in more than 160 countries five years after its launch.
In a statement on Thursday, the company, which has its international headquarters in Chennai (formerly Madras), claimed that the platform had grown by 150% in the past two years alone, with 37.5% of new customers coming from of the middle and larger market. companies.
Zoho added that license upgrades by companies that adopted the suite five years ago had increased by 92%.
Zoho One was launched in 2017 with 35 built-in apps for common business tasks. The company was established in 1996 and known as AdventNet until 2009; at the time, it provided network management software.
Over the past five years, 10 apps have been added and Zoho One is supposed to provide tools to serve customers (marketing, sales and support apps); manage operations (finance, recruitment and related HR applications); collaborate effectively (office suite, messaging, personal productivity and collaboration applications); and customize solutions (developing low-code apps and microservices, and building integration apps).
The private company, headquartered in Austin, Texas, had revenue of US$650 million (A$1.03 billion) in fiscal 2021, including $240 million in profit, according to the numbers. listed on Wikipedia. It has 12 offices in nine countries, including China, Singapore and Japan, but most support operations are centered in Chennai.
Zoho Chief Evangelist Raju Vegesna said, “Siloed systems create business silos. An integrated organization is therefore usually a reflection of the integrated systems underneath.
“We see this with our own customers. Nearly half of Zoho One customers use 20 or more apps across all functions, integrating their organization and reporting higher returns.
“With Zoho One, we are setting the tone for the rest of the industry on what a platform, or rather an operating system, for businesses could be. We will continue to lead the way.”
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