Zoho captures UAE’s upmarket segment and records 43% revenue growth in 2023

Zoho captures UAE’s upmarket segment and records 43% revenue growth in 2023

Zoho, a leading global technology company, recently announced a revenue growth of 43% and 29% increase in partner network in the UAE in 2023.

The post Zoho captures UAE’s upmarket segment and records 43% revenue growth in 2023 appeared first on TahawulTech.com.Hyther Nizam, President of Zoho MEA.

Zoho, a leading global technology company, recently announced a revenue growth of 43% and 29% increase in partner network in the UAE in 2023.

This growth has been marked by a significant upmarket shift, with an increasing number of mid-and-large enterprises shifting to Zoho’s comprehensive and value-driven solutions.

Having long dominated the small and medium-sized business (SMB) landscape with its user-friendly, affordable, and secure solutions, Zoho has seen a growing demand in adoption among prominent UAE-based organisations, including Al Rostmani Group, Al Shirawi, IFFCO, CAFU, Masafi, Consulate General of India- Dubai, Sharaf DG, MAF Carrefour, and Jashanmal.

Last year, Zoho recorded a 24% increase in migration by large corporations. The upmarket momentum has been led by adoption of Zoho One (unified platform of over 50 products), Zoho Books (VAT-compliant accounting software), Zoho CRM Plus (customer experience platform), Zoho Creator (low-code platform), Zoho Workplace (enterprise collaboration platform), and Zoho People (human resource management software). This shift signifies Zoho’s growing