Zoho was founded in 1990 in a small apartment located in Chennai, south India. ZOHO is running more than 180 plus country. Company has a customer base of 6cr. Zoho has 11000 plus employees working with him. In Fortune 500 companies 300 companies are consulted by Company. Some are Apple, Netflix, Amazon, Mahindra, and many more are there clients.
Zoho has a revenue of 7000cr and a profit of 2700cr. Company has a valuation of 40000cr without any loan. Zoho founder Sridhar Vembu has been nominated with Padma Shri. Sridhar Vembu has always been to invest in people and products. That’s why they are privately making a profit and they are proud to be.
Zoho is the first innovative company that takes pride in its ability to reinvest. Company gets confidence from the wisdom they learn during times when there was no choice but to reinvent while tapping new opportunities. Zoho demonstrates a commitment to creaseless innovation.
Zoho has a holistic approach toward employees which makes a difference. They think beyond the system of credentialism. Hiring policies are more about creating jobs in rural communities by contributing more to their culture. company employees, who’ve stayed with us for more than a decade, have spoken in great detail about such experiences in Humans of Zoho.
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Company brings opportunity back to small communities and that’s the keystone of philosophy value to overlook. They make changes in rural communities that hold talent but lack viable employment. Zoho changes the model of the mega office to a smaller office. This will bring high-tech jobs to places where there are none.
In 25+ years of being in business, we’ve been mindful of our users’ privacy from the very start Strengthening our commitment to data protection and security. That’s why we extended GDPR protections to customers around the world. Your right to control your data shouldn’t be dictated by the lines on a map was the main point of the company. Zoho spends twice on R&D as on sales and marketing or new solutions and addresses their customers. Companies don’t rely on public clouds they make their own data centers. They also invest in AI, ML, NLP, and hardware like networks and storage space.
Zoho also invested in the expansion of Zia (AI-powered assistance) for faster data upload and download centers. All these investments are R&D which the company has done and committed to long run. Company challenges conventional hiring as it began in 2005 with meaningful alternatives for college students. Copmpany is deeply contextual and truly experient in training students for two years and it is a fact that 10% of the employee base is from Zoho school. By encouraging the results in the 15 years, company spread its wings for the expansion of more students for international branches.
Zoho also contributes to nature by achieving carbon neutrality by setting up of 5MW solar farm to power offices and data centers in India. They save almost 7200 tons of carbon emissions per year equivalent to 14,400 trees. This process of sustainability working model is looking more such on the new location. Company is excited to see the rapidly falling cost of electricity from solar
Conclusion
Finding opportunities during challenges is the key factor that drives Shridhar and give back to nature and serve his own community which is unique in nature. Company run so far without support and partners because they are optimistic and just focus on innovation and were away from the limelight.