Sridhar Vembu News

Sridhar Vembu, Chief Scientist at Zoho, recently commented on young students leaving home for higher education, stating that they end up paying more without acquiring valuable real-world skills. Vembu's comment was in reply to American investor Nate Fischer, who advocated for a decentralized US education system, the business tycoon lamented how young people are pushed into the rat race, forced to leave their families, spend a fortune on education, and gain little to no real-world skills. «He makes very important points about the higher education rat race and the chase for credentials where young people go far from home, pay ever more to stay ever longer in higher education, all too often without even gaining useful real world skills. He proposes solutions that are based on local institutions, in the American context,» said Vembu. «In the Indian context, I fundamentally believe we have to revive our rural areas to revive our civilisation and that means being able to retain and nurture talent locally. We invest a lot of time and resources trying to ensure young people can stay near home and still have a decent economic future while being close to their families and their roots,» added Vembu.

Infosys co-founder Nandan Nilekani has proposed a revolutionary solution: the tokenisation of land. He suggests digitising land titles and making them tradable on a blockchain ledger, like stocks or bonds. This could transform dormant assets into active resources, making it easier for landowners to access capital for business ventures or loans. However, Sridhar Vembu, founder of Zoho Corporation, has raised a critical counterpoint. In a recent post on X (formerly Twitter), Vembu expressed his concerns about the potential dangers of turning land into a liquid asset. While Nilekani envisions a future where landowners can unlock the value of their property, Vembu fears that increased liquidity could lead to exploitation, especially among vulnerable individuals.

Infosys co-founder, Nandan Nilekani, highlighted that 50% of Indians' assets are land, much of it non-tradable—unable to be sold or used as loan collateral. This leaves landowners with dormant assets. He proposes “tokenisation of land”, digitising titles to make them tradable on a ledger, like stocks or bonds.

Sridhar Vembu, the chief scientist and founder of Zoho, believes that the current challenges in the software job market stem not from artificial intelligence replacing jobs—at least not yet—but from a deeper systemic issue. In a lengthy post on X, Vembu, who has been associated with the software industry for 30 years, said over the past few decades, enterprise software has accumulated massive inefficiencies due to an influx of venture capital, private equity, and IPO-driven funding. This overcapitalization led to an artificial expansion of the software industry, creating a market bloated with duplicated IT systems, excessive hiring, and misplaced incentives, he said. One of the primary drivers of this inefficiency, Vembu said, has been aggressive marketing by software vendors, adding that cCompanies have long relied on tactics that instill fear, uncertainty, and doubt (FUD) in corporate customers, pushing enterprises to increase their IT spending without necessarily improving efficiency. «Software vendors applied liberal doses of marketing spending to spread Fear (of missing out) and Uncertainty (»tech is changing, you need us") and Doubt («are you confused? trust us») among corporate customers and the result was ever growing IT spending," he said.

Zoho founder Sridhar Vembu has raised concerns over declining birth rates, attributing the trend to modern privacy concepts. In a tweet on Saturday, he said, «The interesting observation is that traditional people who live in large family clusters and have no private space to themselves, produce babies. But sophisticated people who want and need and have plenty of private space to themselves do not produce babies.»

Sridhar Vembu, Chief Scientist of Zoho Corporation, responded to a frequently asked question from Indian engineers: “Why can’t India achieve what China did?” Vembu acknowledged that while India’s strengths lie in its democratic framework and diverse society, it must chart its own path rather than merely emulating China. He emphasised grassroots innovation and India’s demographic advantage, asserting, “India's strength lies in its ability to innovate and adapt to rapidly changing global dynamics.”

Zoho Corporation's CEO Sridhar Vembu has sparked the 70-hour work week debate once again by backing Infosys co-founder Narayan Murthy.

Zoho CEO and Co-founder Sridhar Vembu has raised concerns about workplace stress in Indian corporate culture. In an interview with PTI, Vembu emphasized that companies pushing employees too hard will not be able to sustain in the long run. He advocated for a balanced work environment to build long-term, sustainable organizations. Workplace Burnout and Pressure Vembu highlighted key issues like burnout, loneliness from migration to big cities, and long commutes as factors contributing to an unhealthy work environment. «You are throwing people into a very big pressure cooker, and tragically, some break, and others are broken,» Vembu said. He stressed the need for organizations to rethink their approach to building a work culture that avoids pushing employees beyond their limits. Importance of Work-Life Balance The comments come at a time when India Inc. is engaged in an intense debate following the tragic death of a young employee at a prominent consultancy firm. Vembu’s stance on the matter reinforces the need for companies to prioritize the mental well-being of their employees, maintaining a balance that avoids burnout.

AUSTIN-TEXAS:Chennai-based Zoho Corp. has overhauled one of its key revenue generators, its customer management software Zoho CRM, amid slowing growth in the enterprise tech company’s key US market.The updates include the integration of AI-powered customer relationship management (CRM) analytics and support for businesses to use open-source AI models.Zoho’s global growth has slowed despite it reaching an annual revenue run-rate of $1 billion in November, chief executive Sridhar Vembu told Mint on the sidelines of a company event in Austin, Texas.

Also Read | North Korea Fires Ballistic Missile as Blinken Visits Seoul The IRS officer also raised concerns about the undue pressure such advertisements could place on students and called upon the Education Ministry and Union Minister for Women and Child Development Smriti Irani to take note of these "advertising malpractices." Bhatia asserted that “no institute has the right to shame students to claim its superiority." Also Read | Dividend paying stock Oil India share price to trade ex-dividend today In the controversial advertisement, FIITJEE traced the student's performance history while at the institute and claimed that she could have scored a perfect 100 NTA score in JEE-Mains 2024 if she had remained with them, dismissing the contribution of the "EVIL institute" as negative. Also Read | Turkey Finance Chief Highlights Central Bank Policy Independence Meanwhile, Sridhar Vembu, said, “India has to get out of this ultra-competitive exam pressure on children and young adults.

MUMBAI : Zoho Corp. is experiencing a revenue growth slowdown due to macroeconomic challenges in its key North American market. Chief executive Sridhar Vembu said the company has turned cautious regarding spending and hiring, as many of the problems are unlikely to be resolved quickly.

Zoho Corporation expects India to become the company's largest market in the next decade, driven by the country's rapid growth and demographic dividend. «India is the fastest growing market. Even when I reported the September slowdown, our fastest growth is in India. That's very helpful. But globally, there is a substantial slowdown particularly you are seeing in the US...,» said Sridhar Vembu, founder and chief executive of the Chennai-based firm. India is currently the third-largest market for Zoho after the US and European Union.

Sridhar Vembu, cofounder and CEO of software-as-a-service (SaaS) company Zoho, warned on Monday that the global economy is likely taking a turn for the worse, urging companies to exercise caution. In a post on X (formerly Twitter), Vembu said that Zoho has seen a slowdown in growth across geographies in September.

Chandrayaan-3 mission has put India back on the map! India made history on August 23 when the spacecraft successfully landed on the South Pole of the moon's surface, making India the first country to have achieved this momentous achievement. The world hasn't stopped praising the efforts of the Indian Space Research Organisation (ISRO). Recently, Bridgewater Associates founder Ray Dalio — who is also the author of the No. 1 New York Times bestseller 'Principles,' shared his two cents on the highly aspirational lunar mission. Congratulating India, the owner of the asset management firm said that the successful lunar mission is just one of the many straws in the wind, «showing its ascendence.» He said that the country scores the highest on its projected growth rate of about 7 per cent over the next 10 years. Dalio, who is credited for building the world's largest hedge fund, that India has all the «right mix of ingredients» which will prove its mettle.

Zoho CEO Sridhar has recently said that he had never heard of the world's second-largest cryptocurrency exchange FTX or its founder Sam Bankman-Fried until its recent liquidity crisis.