Zoho Corporation, the SaaS-based company is planning to expand its business to the Internet of Things (IoT) offerings under its Customer Relationship Management (CRM) for industries including automotive sector. The company, which has been into organic growth so far, would be looking for small tuck in acquisitions as the global SaaS industry is moving towards consolidation now, said Sridhar Vembu, CEO of Zoho.
The company has integrated WebNMS, a division which has been working on IoT, into Zoho as part of integrating its offerings. It may be noted that the company last year launched an integrated offering under Zoho One,