Zoho reaches 50 mn business users; rolls out content collaboration platform

Zoho reaches 50 mn business users; rolls out content collaboration platform
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7 Nov, 2019

Indian maker of cloud-based business software Zoho Corporation says it has reached 50 million business users on its platform. 

The privately-held company, which competes with the likes of Salesforce, has also rolled out its content collaboration platform WorkDrive.

Priced at Rs 120 per user per month, WorkDrive is an online file storage, sync and collaboration platform for teams, small businesses and large enterprises.

Zoho says the platform provides the underlying document management across all its business applications, allowing for unified search, single storage, contextual integration, as well as other vertically integrated capabilities, according to a statement. 

"WorkDrive creates a common, unified file system across all business processes, so the business context is easier to understand and preserve, making the system significantly more valuable to the customer," said Sridhar Vembu, chief executive officer, Zoho.

The company also announced the revamped version of its Workplace Suite of productivity applications. The application is available for Rs 99 per user/month.

Zoho, which has been silently transforming itself into a software-as-a-service giant, claims to have 10 data centres around the world.

Founded in 1996 by Sridhar Vembu, Zoho provides a suite of business, collaboration, and productivity applications. It offers over 30 online applications from customer relationship management (CRM) to mail, office suite, project management, invoicing, email marketing and social media management.

Zoho has been cautious about its growth and does not reveal its financial reports as it is a privately-held. According to market estimates, the company had around $350 million annual revenues last year. 

Last month, ManageEngine, the enterprise IT division of Zoho Corporation, had launched PAM360, a privileged access solution for security teams.

In July, WebNMS, the internet of things (IoT) division of Zoho, had partnered with Swedish firm HMS Networks, a supplier of solutions for industrial communication and industrial internet of things (IIoT).

In April, Zoho Corp. had marked its foray into the e-commerce sector by rolling out Commerce plus, a business-operations platform with a focus on small and medium enterprises looking to tap the Internet for growth.