Dark clouds, yet Zoho sees $1 billion revenue for ManageEngine in a year

Cloud demand will drive India to the second largest market for enterprise IT management software ManageEngine despite larger macroeconomic concerns, Zoho Corporation cofounder Sridhar Vembu said on Tuesday.

Speaking at ManageEngine UserConf Mumbai 2023, Vembu said the Zoho management expects its enterprise IT management division to cross $1 billion in revenue by the next year, given the demand metrics.