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Home Technology

Technology: Zoho bullish on emerging markets

Fiinews by Fiinews
March 12, 2024
in Technology
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Singapore data centre planned for 2025  

Chennai-based Zoho Corp Pvt Ltd https://www.zohocorp.com/ is bullish on emerging markets where its businesses are growing by a hefty 30-40 per cent a year while it is stepping on aggressive expansion plans of setting up data centres as demand keeps picking for its 55 app-linked services.

“From the ManageEngine aspect, business potential is good and we are looking at 30-40 percent annual growths in emerging markets while globally we are growing between 20-25 per cent a year,” says J Arun Kumar, Regional Director at ManageEngine, the IT management division of Zoho which has over 100 million users.

As the product portfolio diversified, the organization restructured itself into four main divisions: ManageEngine, Zoho.com, Qntrl and Trainer Central https://www.meity.gov.in/ .

Since 2002, IT teams have turned to ManageEngine for affordable, feature-rich software that’s easy to use. ManageEngine’s on-premises and cloud solutions power the IT of over 280,000 companies around the world, including nine out of every ten Fortune 100 companies.

Arun Kumar is pressing on with the growth plan which includes the group’s next data centre in Singapore in 2025. The city state will also be a Southeast Asian hub for Zoho.

“We have expansion plans across our fast-growing South East Asian markets as we have teams working in Malaysia, Thailand, Indonesia, the Philippines and Vietnam.”

Data centres https://digitalindia.gov.in/ will be set up as business demand grows, he added.

Data centres are required from both the compliance aspects as for regulatory requirements and customers’ needs.

Zoho had recently opened a data centre https://www.datacentermap.com/india/ in Saudi Arabia and the company keeps expanding across geographies including Africa and Latin America.

“When we started on our cloud platforms, we had data centres in the US and India, but as business grew, we opened up data centres in Europe and the UK followed by Japan, China and Australia,” he said.

ManageEngine started business by focusing on major economies like the US and Europe but has over the years established footprint across different geographies.

Fifty per cent of ManageEngine’s 15,000+ manpower is based in Chennai R&D centre.

In India, ManageEngine has opened offices in remote locations, taking in people as part of its contribution to the development rural economy.

“We have diversified a lot and gone to tier 2 and 3 cities to recruit new staff which gives opportunity to rural people where they can be part of that ecosystem and this is also to help build the rural economy,” said Arun Kumar of his group’s work plans in India.

The 28-year-old group is focused on R&D engineering and “works to get the product right for the customers over a period of time”, he explained. “This has to be done on a regular basis and updated with the technology to the satisfaction of customers,” said Arun Kumar of the privately-held business started from Chennai in 1996. Fiinews.com

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