Salesforce names Vlocity founder David Schmaier CEO of new Salesforce Industries division

June 01, 2020 at 09:05PM When Salesforce announced it was acquiring Vlocity for $1.33 billion in February, it was a deal that made sense for both companies. Today, the company announced that the deal has closed and Vlocity CEO David Schmaier has been named CEO of a new division called Salesforce Industries. Vlocity has builtContinue reading “Salesforce names Vlocity founder David Schmaier CEO of new Salesforce Industries division”

Salesforce stock is taking a hit today after lighter guidance in yesterday’s earning’s report

May 29, 2020 at 07:28PM In spite of a positive quarter with record revenue that beat analyst estimates, Salesforce stock was taking a hit today because of lighter guidance. Wall Street is a tough audience. The stock was down $8.29/share or 4.58% as of 2:15 pm ET. The guidance, which was a projection for nextContinue reading “Salesforce stock is taking a hit today after lighter guidance in yesterday’s earning’s report”

Salesforce Commerce Cloud releases four quick-start pandemic business packs

May 21, 2020 at 01:05PM As we move deeper into the pandemic, it’s clear that the way we conduct business is changing, maybe forever. That means that business has to change too — and fast. But if you’ve never conducted business digitally or only nominally, how do you suddenly transform on the fly? Salesforce CommerceContinue reading “Salesforce Commerce Cloud releases four quick-start pandemic business packs”

GO1, an enterprise learning platform, picks up $40M from Microsoft, Salesforce and more

May 18, 2020 at 03:23PM With a large proportion of knowledge workers doing now doing their jobs from home, the need for tools to help them feel connected to their profession can be as important as tools to, more practically, keep them connected. Today, a company whose platform helps do precisely that is announcing aContinue reading “GO1, an enterprise learning platform, picks up $40M from Microsoft, Salesforce and more”

Salesforce’s Benioff pledges no ‘significant’ layoffs for 90 days

March 26, 2020 at 04:53PM In a Twitter thread on Tuesday, Salesforce CEO Marc Benioff outlined an eight-step plan to keep people safe and find treatments and a vaccine for the COVID-19 virus, all while working to find a way to get people back to work safely. He also asked that all CEOs take aContinue reading “Salesforce’s Benioff pledges no ‘significant’ layoffs for 90 days”

Salesforce hires former banker Arundhati Bhattacharya as chairperson and CEO of India business

March 18, 2020 at 05:29AM Salesforce, the global giant in CRM, said on Wednesday that former banker Arundhati Bhattacharya will be joining the company on April 20 as chairperson and chief executive of its India division. The San Francisco-headquartered firm said Bhattacharya, who served as the chairperson of the state-run State Bank of India forContinue reading “Salesforce hires former banker Arundhati Bhattacharya as chairperson and CEO of India business”

Addapptation snares $1.3M seed to build a better UX for Salesforce

March 17, 2020 at 02:00PM Addapptation, a startup that wants to build a practical design layer on top of Salesforce and other enterprise tools, announced a $1.3 million seed investment today. 2048 Ventures led the round with participation from East Coast Angles, The Millworks II Fund and additional angel investors from New Hampshire, where theContinue reading “Addapptation snares $1.3M seed to build a better UX for Salesforce”

As Block exits, Salesforce forecasts it will surpass $20B in revenue in FY2021

February 26, 2020 at 09:55PM When Keith Block joined Salesforce from Oracle in 2013, the CRM giant was already a successful SaaS vendor on a billion dollar quarterly revenue cadence. When the co-CEO announced he was stepping down yesterday, the company reported revenue of $4.9 billion for the quarter. During his tenure, the the company’sContinue reading “As Block exits, Salesforce forecasts it will surpass $20B in revenue in FY2021”

Salesforce grabs Vlocity for $1.33B, a startup with $1B valuation

February 26, 2020 at 12:06AM It’s been a big news day for Salesforce . It announced that Co-CEO Keith Block would be stepping down, and that it had acquired Vlocity for $1.33 billion in an all-cash deal. It’s no coincidence that Salesforce targeted this startup. It’s a firm that builds six industry-specific CRMs on topContinue reading “Salesforce grabs Vlocity for $1.33B, a startup with $1B valuation”

Salesforce co-CEO Keith Block steps down

February 25, 2020 at 09:41PM Salesforce today announced that Keith Block, the company’s co-CEO, is stepping down. This leaves company founder Marc Benioff as the sole CEO and chair of the CRM juggernaut. Block’s bio has already been wiped from Salesforce’s leadership page. Block stepped into the co-CEO role in 2018, after a long careerContinue reading “Salesforce co-CEO Keith Block steps down”

Infosys is acquiring Simplus for $250M to grow its Salesforce consulting arm

February 11, 2020 at 05:08PM Infosys is a huge consulting organization based in India, which works with clients as they implement complex software integrations. Today, the company announced it was buying Simplus, a Salesforce integration consultant, for $250 million. The company, which is based in Salt Lake City, Utah, launched in 2014 and has raisedContinue reading “Infosys is acquiring Simplus for $250M to grow its Salesforce consulting arm”

Salesforce announces new tools to boost developer experience on Commerce Cloud

January 13, 2020 at 02:18PM Salesforce announced some new developer tools today, designed to make it easier for programmers to build applications on top of Commerce Cloud in what is known in industry parlance as a “headless” system. What that means is that developers can separate the content from the design and management of theContinue reading “Salesforce announces new tools to boost developer experience on Commerce Cloud”

Revenue train kept rolling all year long for Salesforce

December 27, 2019 at 11:00PM Salesforce turned 20 this year, and the most successful pure enterprise SaaS company ever showed no signs of slowing down. Consider that the company finished the year on an $18 billion run rate, rushing toward its 2022 revenue goal of $20 billion. Oh, and it also spent a tidy $15.7Continue reading “Revenue train kept rolling all year long for Salesforce”

Salesforce promotes Bret Taylor to president and COO

December 13, 2019 at 12:00AM Salesforce announced today that it has named Bret Taylor as president and chief operating officer of the company. Prior to today’s promotion, Taylor held the position of president and chief product officer. In his new position, Taylor will be responsible for a number of activities including leading Salesforce’s global productContinue reading “Salesforce promotes Bret Taylor to president and COO”

Salesforce, AWS expand partnership to bring Amazon Connect to Service Cloud

November 19, 2019 at 02:15PM Salesforce and AWS announced an expansion of their on-going partnership that actually goes back to a $400 million 2016 infrastructure services agreement, and expanded last year to include data integration between the two companies. This year, Salesforce announced it will be offering AWS telephony and call transcription services with AmazonContinue reading “Salesforce, AWS expand partnership to bring Amazon Connect to Service Cloud”

18 months after acquisition, MuleSoft is integrating more deeply into Salesforce

November 19, 2019 at 12:00AM A year and a half after getting acquired by Salesforce for $6.5 billion, MuleSoft is beginning to resemble a Salesforce company — using its language and its methodologies to describe new products and services. This week at Dreamforce, as the company’s mega customer conference begins in San Francisco, MuleSoft announcedContinue reading “18 months after acquisition, MuleSoft is integrating more deeply into Salesforce”

Salesforce, Apple partnership begins to come to life

November 18, 2019 at 01:54PM Last year at Dreamforce, Salesforce’s enormous annual customer conference, Apple and Salesforce announced the beginnings of a partnership where the two organizations would work together to enhance Salesforce products running on Apple devices. Today, as this year’s Dreamforce conference begins, the companies announced the fruits of that labor with generalContinue reading “Salesforce, Apple partnership begins to come to life”

Why Salesforce is moving Marketing Cloud to Microsoft Azure

November 15, 2019 at 09:30PM When Salesforce announced this week that it was moving Marketing Cloud to Microsoft Azure, it was easy to see this as another case of wacky enterprise partnerships. But there had to be sound business reasons why the partnership came together, rather than going with AWS or Google Cloud Platform, bothContinue reading “Why Salesforce is moving Marketing Cloud to Microsoft Azure”

Salesforce announces it’s moving Marketing Cloud to Microsoft Azure

November 14, 2019 at 03:12PM In the world of enterprise software, there are often strange bedfellows. Just yesterday, Salesforce announced a significant partnership with AWS around the Cloud Information Model. This morning, it announced it was moving its Marketing Cloud to Microsoft Azure. That’s the way that enterprise partnerships shimmy and shake sometimes. The companiesContinue reading “Salesforce announces it’s moving Marketing Cloud to Microsoft Azure”

AWS, Salesforce join forces with Linux Foundation on Cloud Information Model

November 13, 2019 at 10:29PM Last year Adobe, SAP and Microsoft came together and formed the Open Data Initiative. Not to be outdone, this week AWS, Salesforce and Genesys in partnership with The Linux Foundation announced the Cloud Information Model. The two competing data models have a lot in common. They are both about bringingContinue reading “AWS, Salesforce join forces with Linux Foundation on Cloud Information Model”

Salesforce Ventures invested $300M in Automattic while Salesforce was building a CMS

November 11, 2019 at 05:27PM In September, Salesforce Ventures, the venture of arm of Salesforce, announced a hefty $300 million investment in Automattic, the company behind WordPress, the ubiquitous content management system (CMS). At the same time, the company was putting the finishing touches on Salesforce CMS, an in-house project it released last week. TheContinue reading “Salesforce Ventures invested $300M in Automattic while Salesforce was building a CMS”

Salesforce announces new content management system

November 07, 2019 at 01:13PM Salesforce has its fingers in a lot of parts of the customer experience, so why not content management? Today, the company announced a brand new tool called Salesforce Content Management System, which it says is designed from the ground up to deliver a quality customer experience across multiple channels. TheContinue reading “Salesforce announces new content management system”

Salesforce adds integrated order management system to its arsenal

October 10, 2019 at 01:45PM Salesforce certainly has a lot of tools crossing the sales, service and marketing categories, but until today when it announced Lightning Order Management, it lacked an integration layer that allowed companies to work across these systems to manage orders in a seamless way. “This is a new product built fromContinue reading “Salesforce adds integrated order management system to its arsenal”