The Economist recently profiled Sridhar Vembu and called him 'a dangerous man' refering to his thoughts on letting a lot of air out of the corporate IT balloon.
SRIDHAR VEMBU is a dangerous man. If he succeeds, a lot of people will lose a lot of money: software developers, consultants, shareholders and others. The chief executive of AdventNet does not have fraud in mind. Instead, he wants to remove what he calls the “value-pad” from corporate IT in general and business software in particular: all those millions of dollars he thinks are wasted on inefficient production structures, marketing and, not least, proprietary standards. “In the world of corporate IT”, he says, “the low-cost revolution is very much unfinished business.”
The complete article is available here and is a great read. It also talks about Zoho, our affordable business offerings and our philosophy in offering non-advertising based applications - even for free users.
Yet Zoho is no mere clone of Google’s applications. It is the most comprehensive suite of web-based programmes for small businesses, including even services to keep track of a firm’s employees and its customers. What is more, although Mr Vembu does not want to earn money with advertisements, he wants to keep prices for business customers rock-bottom. Zoho’s application for customer relationship management (CRM), for instance, starts at $12 per corporate user per month.
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And at some point firms in the rich world will ask whether they are paying too much. As Mr Vembu puts it: “The India or China price will effectively become the world price.”
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