![]() ![]() ![]() "After all, we cannot code more food, nor compile new energy. ![]() "At Zoho, we have always believed that technologists should practice more humility," said Vembu on the sidelines of the tech conference. With its research and development spending three times the marketing costs, the company seeks to double investment in technologies such as blockchain and artificial intelligence over the next decade. It said its domestic business has grown at a CAGR of 65 percent over the last five years and is already among its top three markets. The Zoho CEO said that the company's growth was driven by research and development and a lot of firms were shifting to Zoho applications, which was driving growth for the company.Īs enterprises around the world cut back on their technology spends, the company sees the Indian market as a bright spot. We have a very diversified product suite and offer the most affordable solution but we are in a massive earthquake zone of the economy with tremors being already visible,” said Vembu. ![]()
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