Salesforce is to acquire Vlocity, a provider of industry-specific cloud and CRM apps, for $1.33 billion (£1.04bn) in an all-cash deal – amid an action-packed end to the company’s fiscal year.
The news was tucked away at the very end of Salesforce’s fourth quarter update. The company’s financial results were described as ‘phenomenal’ by CEO Marc Benioff –...
Cloud data warehousing provider Snowflake has announced the closure of a $479 million (£370.6m) funding round, taking the company’s overall funding to $12.4 billion.
The funding, which represents the eighth round since 2012, was led by two new investors, in the shape of Dragoneer Investment Group and Salesforce Ventures. The latter is especially pertinent, as a strategic partnership with...
Microsoft saw its Azure business grow 62% in its most recent quarter after posting total revenues of $36.9 billion (£28.2bn) – yet chief executive Satya Nadella was keen to note the breadth of Azure’s stack as well as the bottom line.
The company’s Q220 figures, as ever divided into three primary revenue buckets, saw its ‘intelligent cloud’ stream increase 26% year...
Salesforce is moving its Marketing Cloud suite onto Microsoft Azure in an expansion of the companies’ partnership – and a big win for Microsoft.
The move will also see the two companies integrate Sales Cloud and Service Cloud with productivity and collaboration suite Microsoft Teams.
“By bringing together the power of Azure and Microsoft...
Salesforce dominated the worldwide CRM market with a 19.5% market share in 2018, over double its nearest rival, SAP, at 8.3% shareWorldwide spending on customer experience and relationship management (CRM) software grew 15.6% to reach $48.2B in 201872.9% of CRM spending was on software as a service (SaaS) in 2018, which is expected to grow to 75% of total CRM software spending in 2019Worldwide enterprise application software revenue totalled more than $193.6B in 2018, a 12.5% increase from...
The future of enterprise software will be in some part automated, with machine learning (ML) and artificial intelligence (AI) technologies really starting to come to the fore. For all the actors cast in this fascinating drama – from the largest cloud vendors to startups, and from business analysts to data scientists – it’s time to either start learning their lines or, in some cases, rip up the script altogether.
Dropbox continues to make progress after its IPO filing earlier this month, announcing a strategic partnership with Salesforce to connect platforms through new integrations.
The two companies are in their own ways poster children of the software as a service revolution; Salesforce being the first SaaS company to cross a billion dollar annual run rate, Dropbox being the fastest to do it.
While the duo already offered some level of integration – the Dropbox for...
Salesforce has joined hands with the leading force in the containerisation space, the Cloud Native Computing Foundation (CNCF),
Being the owner of Kubernetes, the popular open-source container orchestration tool, the CNCF has gained momentum recently with a large number of renowned cloud technology companies joining it in 2017 such as AWS, Oracle, Microsoft, VMware, and Pivotal.
Salesforce, although a Software as a service (SaaS) vendor, has realised that containerisation...
Meet the cloud’s newest strategic partners: Salesforce and Google. The two companies announced a deal at Dreamforce late yesterday, with Google Cloud becoming Salesforce’s preferred public cloud provider alongside new product integrations.
There were four primary integrations announced. Salesforce Lightning for Gmail enables users to surface Salesforce CRM data in Gmail, as well as customer interactions from Gmail directly within Salesforce. Lightning for Sheets allows the...
When Salesforce was founded by two ex-Oracle executives in 1999, not only would the software landscape be changed, but a new economy would form underneath it.
A new report from IDC puts the number of jobs created by Salesforce and its ecosystem at 3.3 million worldwide between the end of 2016 and 2022.
The Salesforce ecosystem, the analyst firm asserts, is almost four times as big as Salesforce itself, as organisations who spend on cloud computing products also need to layout...
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