Industry

Cloud services firm Zoho to shift U.S. headquarters

Sridhar Vembu, Founder and CEO, Zoho Corp. File   | Photo Credit: Bijoy Ghosh

Cloud services firm Zoho has announced that it will be moving its headquarters in the U.S. to Austin from Pleasanton, California.

The new campus will spread across 375 acres, including a 100,000 sq. ft building. It will become operational by 2021.

This facility will employ ‘hundreds’ of new workers, with a focus on finding and training local talent, a company statement said. The new facility will also house the Zoho University.

Zoho University is a company-funded technology school, headquartered in Chennai, which trains engineers and developers. About 15% of Zoho’s engineering workforce is made up of Zoho University graduates.

Zoho University will be replicated at the new campus in Austin, the statement said. While the India campus offers deep technical training, the Austin campus would focus on business administration and marketing.

Zoho employs more than 7,000 workers in its 12 offices across the world. It posted a 39% growth in revenue last year, the statement said.

“As a private company in operation for more than 22 years, we are investing in long-term growth and crafting the very best business solutions for our customers,” Sridhar Vembu, CEO and founder of Zoho, had said earlier.

Tie-up with Mastercard

On Monday, Zoho announced its tie-up with Mastercard to help small businesses.

With Zoho’s platform, Mastercard would offer its small business customers access to a suite of marketing, accounting and customer relationship management tools to automate and digitise time-intensive, paper-based processes.

This partnership connects small businesses to the innovative applications that enable them to access, manage and analyse real-time information that are critical to their success.

Scaling its existing partnership from India to the rest of the world, Mastercard and Zoho are enabling simpler business operations for SMBs globally, the statement said.


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Printable version | Jun 19, 2021 3:33:38 PM | https://www.thehindu.com/business/Industry/cloud-services-firm-zoho-to-shift-us-headquarters/article28446740.ece

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