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Zoho
IncArabiaEn
Follow
11/17/2024
Category
🤖
Tech
Transcript
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00:00
My name is Haider Nizam, and I head the Zoho's Middle East and Africa operation.
00:06
At Zoho, we provide a 50 plus application catering to all the departments in an organization.
00:11
You take a business, you have a sales department, you have a customer support department, marketing
00:16
department, you have finance, accounting department, you have HR department.
00:20
So at Zoho, we provide software so that each department can use the software and optimize
00:25
their operations.
00:26
Our sales department can use our Zoho CRM, our support department can use our Zoho desk,
00:31
our HR department can use Zoho people.
00:34
So we have 50 plus products that cater to all the departments, and all these products
00:39
put together, we call it a Zoho One Bundle, which is a flagship product bundle for us
00:44
in this region, Middle East and Africa region.
00:51
Zoho's Middle East and Africa is doing extremely good for us, and this is the fastest growing
00:55
region for us globally.
00:57
We had 10x growth in the last six years, our CAGR of close to 40%.
01:04
And among the Middle East and Africa countries, UAE is the front runner.
01:07
We had 15x growth in the last six years.
01:10
So that says that we are doing extremely good in this market, and thanks to our strategic
01:14
partnerships, what we have done in this market, and we have invested more than 46 million
01:20
AED as part of our strategic partnerships, like the partnership what we did with Dubai
01:25
Economic and Tourism, DET, to Dubai Culture, IBZA, Medan, right, I can give an example
01:30
of the Dubai Economic and Tourism.
01:32
As part of that partnership, what we did is, we have given credits of 1800 US Dollars to
01:38
every business who set up business in Dubai.
01:40
So when you set up a business, you get a trade license from Dubai Economic and Tourism.
01:44
As part of the trade license, you also get free credits, which the government is pushing.
01:48
We are the only sole vendor featured in the trade license, Dubai trade license.
01:52
So those partnerships are really working out really well for us, and as part of those
01:56
partnerships, we have onboarded more than 7000 paying customers who are using Zoho as
02:02
part of the strategic partnerships.
02:03
So those kind of partnerships have helped us to accelerate our presence in this local
02:08
market, and this is doing extremely good.
02:10
Now Zoho is doing extremely good in this Middle East and America region.
02:13
I think strategic partnership is a very important piece in all our execution.
02:23
Why?
02:24
Because, you know, directly we are benefiting the businesses to go completely digital by
02:28
providing an affordable software.
02:30
Second thing is, we are aligning with the government philosophy and intent, they want
02:34
to, the way they want to operate their businesses, right.
02:37
So the UAE government, especially Dubai government, want the businesses to go completely paperless.
02:43
So we are aligning with that, you know, strategy, and also we are helping businesses to access
02:48
to 50 plus products at a very affordable pricing.
02:51
So it's a win-win-win situation for the government, for the business, and for Zoho.
02:59
A very good question.
03:01
So if you really look at AI, everyone knows that AI is going to accelerate the whole productivity,
03:06
right.
03:07
AI is the first benefit of AI is improving the productivity, right.
03:12
So AI cannot improve the productivity of an organization which is on paper and pen, right.
03:18
So AI has to really operate on data, a very cleaner data, right, a process which is very
03:25
cleaner in an organization.
03:26
So the first step is completely going digital, having a very, you know, very proven or very
03:34
refined process in an organization, and AI is a topping on top of it, which can give
03:39
a very leapfrog effect where it can really completely accelerate 2x or 3x productivity
03:44
in a way you want to operate.
03:45
So the first good step to leverage AI to really have a digital transformed business, and then
03:51
put an AI topping on top of it to really get the benefit of AI.
03:55
So that's why now it's very important for organizations to go completely digital.
03:58
All along Zoho has been operating as a vendor for SMBs, you know, be it the strategic partnerships,
04:09
what we do.
04:10
Predominantly they are SMBs.
04:12
But now we are seeing a transformation in terms of a lot of mid-sized companies and
04:16
large customers adopting Zoho.
04:18
Sheriff DG to Jensha Mall to, you know, Carrefour to Lulu are becoming our customers.
04:23
So these organizations are trying, now believing that Zoho can solve their complex problem,
04:29
and they want to adopt Zoho products and also leverage Zoho's AI ability in terms of transforming
04:35
the digital journey.
04:36
So that is what we want to really accelerate in coming years, and we want to get to more
04:41
and more mid-sized and large enterprises.
04:44
So that's our strategy, what we are taking, especially in the UAE market.
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