Articles about salesforce

Oracle

Oracle's Q1: Cloud, great. Hardware, meh. Mergers, unlikely

Oracle kicked off its 2018 fiscal year by reporting more than $9bn in total revenues. The enterprise software giant talked up its cloud business Thursday while CEO Larry Ellison made a point of needling his rivals in the SaaS space. For the Q1 fiscal year 2018 period, ending August 31: Revenues of $9.2bn topped analyst …
Shaun Nichols, 14 Sep 2017

Salesforce CEO: We're doing great because everyone else in CRM sucks

Chalk up another big quarter for SaaS icon Salesforce.com, as the cloud CRM provider saw revenues jump by 26 per cent year-over-year. CEO Marc Benioff said the company was on pace for its first $10bn full-year revenues as it turned in a solid second quarter for fiscal year 2018: Revenues were $2.56bn, up 26 per cent from Q2 …
Shaun Nichols, 23 Aug 2017

Salesforce sacks two top security engineers for their DEF CON talk

Salesforce fired two of its senior security engineers after they revealed details of an internal tool for testing IT defenses at DEF CON last month. Josh Schwartz, director of offensive security, and John Cramb, a senior offensive security engineer based in Australia, were sacked by a senior Salesforce executive minutes after …
Katyanna Quach, 10 Aug 2017
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Wanna write a Cloudflare app? No? Would $100m change your mind?

Internet traffic wrangler Cloudflare is opening up its massive global network to third-party developers. The network capacity and services provider says that its Cloudflare Apps Platform will let developers write code for web apps that Cloudflare customers can then purchase and embed on their sites. Globally, Cloudflare said …
Shaun Nichols, 27 Jun 2017
cloud

What's 'amazing', cloudy and splattered in red ink? It's quarterly Salesforce results time

Just when you’d thought Salesforce had quit its habit of posting quarterly losses, the biz swung back into the red during its first quarter of 2017/18 - on the back of bumper growth. The biz posted a net loss of $9.2m (£7m) for the quarter, compared with profit of $38.7m (£29.8m) for the three months ended April 2016. However …
Kat Hall, 19 May 2017
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Microsoft plans summer CRM war opener against Salesforce

Microsoft will this summer start mining LinkedIn as a CRM database using Dynamics 365 in a bid to challenge Salesforce. Microsoft Relationship Sales Solution will be available from 1 July and combine Dynamics 365 for Sales and LinkedIn's Sales Navigator Team Edition. Prices start at a $135 per month, although if you purchase …
Gavin Clarke, 25 Apr 2017

LinkedIn starts piping sales data to Salesforce and Dynamics

LinkedIn has revealed a new version of its SaaSy Sales Navigator that pipes activities from the network into Salesforce.com. Sales Navigator has been around for years and offers subscribers the chance to pursue their prey within the walled garden of the social network for suits. But as the company explains, that activity took …
Simon Sharwood, 23 Mar 2017
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If Salesforce is jumping on the AI bandwagon, IBM's Watson is giving it the final shove onboard

A partnership between IBM and Salesforce involving the namesakes of business and science heroes: Watson and Einstein. It must have sounded like a genius move in the PR brainstorming session. IBM’s data-processing system Watson is named after Thomas J Watson, the chairman and chief executive of Big Blue back in the day. …
Gavin Clarke, 7 Mar 2017
Salesforce web page

Salesforce: Brex-pensive mistake, guys. Your little referendum dented our brilliant results

Salesforce.com has posted record quarterly and annual results. The company today announced its fourth quarter and full 2016 results, both of which had CEO March Benioff beaming. And well he might: the CEO used his prepared remarks to note that this is Salesforce's 50th quarterly earnings call as a public company and that in …
Insurance guys photo via Shutterstock

Sayonara North America: Insurance guy got your back when Office 365 doesn't?

Move to the cloud, they said, everything will be better, they said. Security, reliability, scale. We take the work and the worry off your hands. Except nothing is that simple or straight forward – and that includes cloud. When your IT ran the tin and it crashed, they weren’t running your entire business. If a server flamed out …
Danny Bradbury, 21 Dec 2016
LinkedIn, photo via Shutterstock

Microsoft promises 'equal access' to LinkedIn to get EC green light for acquisition

Microsoft is offering to crack open access to LinkedIn to secure European Commission approval for its $26bn purchase of the social network for suits. The software giant is reportedly offering competition regulators the continued prospect of open access to LinkedIn’s APIs as well as “allowing” OEMs to install LinkedIn on their …
Gavin Clarke, 22 Nov 2016

Salesforce claims it's on track to become a $10bn company next fiscal year

Salesforce, the once self-styled antithesis of a software company, reckons it's on track to become a $10bn software company in its next fiscal year. Chief executive Marc Benioff made the claim as he announced third-quarter revenue growth of 25 per cent to $2.14bn for the three months to 31 October. Deferred deals grew by 23 …
Gavin Clarke, 18 Nov 2016
Ellison with watch photo by drserg via Shutterstock

Why Oracle's Larry Ellison shelled out $9bn for NetSuite

Analysis NetSuite's 18-year run as an independent ERP SaaS provider is over after shareholders approved Oracle's $9.3bn acquisition of the firm. Larry Ellison scraped up a narrow majority of unaffiliated shares to land one of Silicon Valley's early SaaS pioneers. Ellison got 53.21 per cent of unaffiliated shares, 21,775,553. Oracle's …
Gavin Clarke, 7 Nov 2016
twitter_765456_648

Salesforce rules out Twitter bid

Salesforce CEO Marc Benioff has ruled out making a play for Twitter. Speaking to the Financial Times, Benioff said “... we’ve walked away. It wasn’t the right fit for us.” Twitter's 2015 revenue was US$2.21 billion, a decent sum. Sadly it's still losing money at a rate of about $100m a quarter. The micro-blog also faces slow …
Simon Sharwood, 17 Oct 2016
image by Alexander_P http://www.shutterstock.com/gallery-493324p1.html

If someone can translate Salesforce's $700m cool Krux plan into English, we'd be really grateful

Salesforce is buying data aggregator and analytics outfit Krux for US$700m in cash and shares. Exactly what Krux, based in San Francisco, does is hidden in wonderfully esoteric babble speak. It allegedly "provides a holistic system for consumer engagement and data governance, helping marketers, media companies, and agencies …
Pot calling the kettle black

Salesforce asks Europe to stop Microsoft buying LinkedIn after itself trying to buy LinkedIn

Salesforce has called on the European Commission to block Microsoft's acquisition of LinkedIn. A widely circulated statement from Salesforce Chief Legal Officer Burke Norton says “By gaining ownership of LinkedIn's unique dataset of over 450 million professionals in more than 200 countries, Microsoft will be able to deny …
Simon Sharwood, 30 Sep 2016
Mark Zuckerberg photo by Bangkokhappiness via Shutterstock

Mark Zuckerberg and the $3bn cash fling: He's not your father's tech kingpin

Lou Gerstner, Ray Noorda, Lew Platt. Remember them? Ever even heard of them? Anybody with a memory or knowledge of the tech industry will know them as former, if anonymous, leaders of IBM, Novell and Hewlett-Packard. Newbies and the average person outside tech won’t without a quick Google. I recently visited the London …
Gavin Clarke, 27 Sep 2016

Salesforce Einstein: Enterprise AI breakthrough, or CRM Clippy?

Salesforce has unveiled Einstein, a deep learning platform it hopes will form the foundation of all of its future SaaS offerings. Touting years of development and hundreds of millions of dollars in both in-house development and acquisitions, Einstein will be baked into pretty much every major product Salesforce offers. …
Shaun Nichols, 18 Sep 2016

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