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Pandemic may force consolidation in SaaS industry: Zoho’s Sridhar Vembu

India virus pandemic economy
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livemint.com:

What kind of changes will SaaS companies witness due to the covid crisis?The worldwide SaaS industry was already overcrowded and ripe for consolidation.

That was also true in India. The pandemic may force that consolidation wave. Secondly, venture capital (VC) funding becomes tighter, as VCs become much more cautious.

These trends mean that SaaS companies should be very prudent, watch their costs carefully and manage their business so as to not need external funding.

That is a big change for most companies used to easy financing terms.What are the measures taken by Zoho keep costs in control?In the short term, we have put a freeze on hiring and are cutting marketing budget to brace for tough times.

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Former 'Girls Next Door' star Kendra Wilkinson reveals she passed the California real estate exam: 'I did it'
Kendra Wilkinson is officially ready to sell you the house of your dreams. The former “Girls Next Door” star and ex-girlfriend of the late Playboy maven Hugh Hefner revealed on Instagram exactly what she’s been doing in her spare time amid the coronavirus pandemic: preparing for her California real estate exam.
Hugh Hefner Kendra Wilkinson state California pandemic quarantine stars Coronavirus
COVID-19
United States
United States
Cases: 46 252 513
Deaths: 750 423
Recovered: 0
India
India
Cases: 34 321 025
Deaths: 459 652
Recovered: 0
Brazil
Brazil
Cases: 21 835 785
Deaths: 608 235
Recovered: 0
United Kingdom
United Kingdom
Cases: 9 215 683
Deaths: 141 607
Recovered: 0
Russia
Russia
Cases: 8 494 589
Deaths: 237 619
Recovered: 0
Detail statistic
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Covid-19.rehab - the latest news concerning the spread of the SARS-CoV-2 coronavirus (formerly 2019-nCoV), as well as the infectious disease that it causes COVID-19, in separate countries and in the world as a whole. Current news on the topic of coronavirus SARS-CoV-2. Quarantine, pandemic 2020, epidemic: what is it, when will it come to end, precautions and how to protect yourself from this disease. The most honest news, no fakes! To keep up with the latest news, stay tuned for updates on the site! Every day we will collect news and statistics on coronavirus from around the world for you to be aware of this topic.

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