Zoho embraces AI era post-DeepSeek with new agentic technology
Vembu, chief scientist and cofounder of Zoho Corp that develops cloud-based software and online business tools.
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«It was assumed that Big Tech will own AI, and everyone else will pay tribute. Over $250 billion has been invested in AI; Microsoft alone put in $90B. But that was the BC era (big capex). Now, we are in AD — the After DeepSeek era,» Vembu said at Zoho's annual global research analyst summit that was livestreamed from Austin, Texas on Tuesday.
Chinese startup DeepSeek has roiled the global tech market with its open-source large language models (LLMs), claimed to be developed at a fraction of the cost of its competing artificial intelligence models.
Even as AI becomes a major focus area, the already-saturated software-as-a-service market is likely to see continuing overcrowding and companies will have to chart their own differentiators with the technology, Rajesh Ganesan, chief executive of ManageEngine, the enterprise IT solutions arm of Zoho Corp, told ET.
“The (SaaS) market was always overcrowded — take any function, you have thousands of alternatives,” Ganesan said, explaining that the market has been saturated with a handful of features masked as products, with many companies looking for an exit rather than having a long-term vision.
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