Zoho, the technology company specialising in business tools has revealed plans for a massive AED100 million expansion in the UAE. Since starting its operations in the country, the firm has witnessed a growth of over 10 times with a 5-year CAGR of 60 percent.
In 2022, the company saw a 45 percent growth in the UAE market which led to the doubling of its employee base in the country and the MEA region.
“As part of our transnational localism strategy, when we expand into a region, we want to give back to the local community and be rooted in the local culture as we grow,” said CEO and Co-founder Sridhar Vembu.
“Over the past five years, we have invested in local hiring, growing our partner network, adding Arabic support in our products, and integrating with local payment gateways to adapt our solutions for the local market. We will continue to invest in growing our footprints in the country through hirings, upskilling programmes, localisation of products, integrating our solutions with local vendors, and partnering with organisations to help local businesses in their digitalisation efforts,” Vembu said.
Zoho has partnered with various organisations such as the Department of Economy and Tourism (DET) and Dubai Culture in order to make enterprise technology available to all business sizes.
“Because of the global economic conditions, more and more companies are moving towards digitalisation and choosing unified platforms that help them break data silos, and bring forth contextual real-time insights that enable them to make quick decisions and be nimble to adapt to changing market conditions. Vembu added.
The company has its own technology stack built from the ground up through relentless R&D over 26 years. We offer a unified platform for all business needs from customer experience and marketing to finance and enterprise collaboration, with our apps being customisable, integrable and extendible. This makes Zoho an ideal choice for businesses of all sizes,” he explained.
Top Zoho products in the UAE
- Zoho One
- Zoho Books
- Zoho CRM
- Zoho Workplace
- Zoho Creator
The industries contributing to the demand of these products include IT services, wellness/fitness, real estate, manufacturing and retail sectors.
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