The world's largest customer relationship management software provider: SFS Salesforce, Inc. (CRM)

Star stocks in the US Software services and SaaS three 153.2K one hundred and thirty-five
abstract Founded in 1999, Salesforce.com Inc. (CRM), headquartered in San Francisco, California, with 16000 employees, is a network company that provides customized customer relationship management services.

SFS Salesforce , Inc. (NYSE: CRM), founded in 1999, formerly known as Salesforce.com Inc., headquartered in San Francisco, California, USA, with 79390 full-time employees, is a network company that provides on-demand customer relationship management services, provides global customer relationship management (CRM) technology, and closely connects the company with customers.

The article originates from the home of American stocks | encyclopedia of American stocks | account opening and investment of American and Hong Kong stocks- https://www.mg21.com/crm.html

SFS Salesforce, Inc. (CRM) US Equities Encyclopedia

Salesforce was founded in 1999 by Oracle, then 37 years old( Oracle )Senior Vice President, founded by Marc Benioff (1964/09/25 -), a Russian American. Benioff started writing software to make money from middle school. When he was 15 years old, he founded Liberty Software, and then entered the University of Southern California (USC). After graduation, he entered Oracle , creating cloud computing The company has experienced in different departments for 13 years before. Benioff, 23, won the highest honor of Rookie of the Year from Oracle; At the age of 26, Benioff became the youngest vice president ever of Oracle. The article originates from the home of American stocks | encyclopedia of American stocks | account opening and investment of American and Hong Kong stocks- https://www.mg21.com/crm.html

Benioff has long promoted the concept of SaaS (Software As A Service). Later, he set a new milestone, proposed PaaS (Platform As A Service), and founded Salesforce.com with Parker Harris, Dave Moellenhoff, Frank Dominguez and others to provide PaaS services. He positioned Salesforce.com as“ Software Terminator ". The article originates from the home of American stocks | encyclopedia of American stocks | account opening and investment of American and Hong Kong stocks- https://www.mg21.com/crm.html

SFS Salesforce.com is a customer relationship management (CRM) software service provider, which claims to provide on-demand customer relationship management (On demand CRM) applications. Its products allow customers to customize and integrate with independent software suppliers, while building their own applications. For users, it can avoid early investment in hardware purchase, software development and complex background management problems. It can provide a customer relationship management platform for on-demand applications. Since then, Mark Benioff has been known as the "software terminator", who also proposed the concepts of cloud computing and software as a service (SaaS). The article originates from the home of American stocks | encyclopedia of American stocks | account opening and investment of American and Hong Kong stocks- https://www.mg21.com/crm.html

Salesforce.com, Inc. and Siemens? and Amazon Web Services A strategic partnership has been established. The article originates from the home of American stocks | encyclopedia of American stocks | account opening and investment of American and Hong Kong stocks- https://www.mg21.com/crm.html

Salesforce, Inc. (CRM) product encyclopedia

Salesforce, Inc.'s services include sales data storage, monitoring leads and progress, forecasting opportunities, gaining insight through analysis and relationship intelligence, and providing quotations, contracts and invoices; And its services enable the company to provide reliable and highly personalized customer service and support on a large scale. The article originates from the home of American stocks | encyclopedia of American stocks | account opening and investment of American and Hong Kong stocks- https://www.mg21.com/crm.html

In addition, Salesforce's platform provides a flexible platform that enables companies of all sizes, locations and industries to use drag and drop tools to build business applications; The online learning platform enables anyone to learn the hot Salesforce skills; And Slack, a participation system. The article originates from the home of American stocks | encyclopedia of American stocks | account opening and investment of American and Hong Kong stocks- https://www.mg21.com/crm.html

Moreover, Salesforce's marketing services enable the company to plan, personalize and optimize customer marketing journey and real-time personalization and optimization; As well as business services, it gives shopping experience in various business points, such as mobile devices, networks, social networks and stores, and provides a click to code tool to enable customers to build and deploy solutions. The article originates from the home of American stocks | encyclopedia of American stocks | account opening and investment of American and Hong Kong stocks- https://www.mg21.com/crm.html

In addition, Salesforce's analysis includes Tableau, an end-to-end analysis solution for various enterprise use cases, and intelligent analysis, which uses advanced AI models to find trends, predict results, timely recommend, and take action from any device; And integration services, including MuleSoft, which is easy to connect data from any system to provide a consistent experience. The article originates from the home of American stocks | encyclopedia of American stocks | account opening and investment of American and Hong Kong stocks- https://www.mg21.com/crm.html

In addition, SFS has provided Smart Customer Data Cloud, a large-scale real-time data platform, which provides power for the customer 360 platform; Vertical service to meet financial service , health care and life sciences , manufacturing and other industries; It also provides salesforce easy services for small and medium-sized enterprises. The article originates from the home of American stocks | encyclopedia of American stocks | account opening and investment of American and Hong Kong stocks- https://www.mg21.com/crm.html

Salesforce, Inc. specific products include

  • Sales Cloud provides storage data, monitors sales leads and progress, forecasts opportunities and obtains insights through analysis and relationship intelligence, and provides quotations, contracts and invoices.
  • The Service Cloud enables the company to provide personalized customer service and support, as well as on-site service solutions, so that the company can connect agents, dispatchers and mobile employees through a centralized platform, which helps to arrange and schedule work, as well as track and manage work in real time.
  • Marketing Cloud to plan, personalize and optimize one-on-one customer marketing interaction.
  • Commerce Cloud enables the company to improve customer participation, conversion rate, revenue and loyalty.
  • The MuleSoft Anypoint Platform enables customers to connect to any system, application, data or device.
  • Tableau and Einstein Analytics provide customers with analysis technology.
  • Quip collaboration platform combines documents, spreadsheets, applications and chat with real-time CRM data.
  • Salesforce Customer 360 provides a platform as a service tool from no code to professional code for building, protecting, integrating and managing business applications, enabling companies to connect customer data of various products to financial services, healthcare and government.
  • Lightning Platform provides a platform as a service tool without code for building, protecting, integrating and managing business applications.
  • Anypoint Platform enables customers to connect to any system, application, data or device.
  • In addition, SFS provides solutions for financial services, healthcare and life sciences, manufacturing, consumer goods, government and philanthropy.
  • Furthermore, SFS also provides professional services and education Services, including instructor guidance and online courses; And support and adoption plans.

Salesforce.com Consulting company , system integrators and other partners. Salesforce and Siemens? It has a strategic partnership.

SFS Salesforce, Inc. (CRM) milestone

  • In 1999, salesforce.com and its Salesforce.com Foundation were established - the end of software began
  • In 2000, salesforce.com launched the first SFA application
  • In 2001, salesforce.com launched the first CRM application
  • In 2002, salesforce.com launched the first customer service application
  • In 2003, salesforce.com launched Sforce, the world's first public enterprise cloud computing API programming language
  • Sunguard became the 1000th subscriber in 2004
  • In 2005, salesforce.com launched Force.com AppExchange
  • In 2006, Cisco System became the 15000th subscriber
  • In 2006, salesforce.com launched Apex, the world's first cloud computing programming language
  • In 2007, Japan Post became the 50000th subscriber
  • In 2007, there were 1 million subscribers and 100 million daily transactions
  • Launched Force.com R&D platform in 2007
  • 2008 Force.com won Wall Street Journal Technology Innovation Award
  • In 2009, it became the first enterprise cloud computing company with annual revenue of $1 billion
  • Won in 2009《 Forbes 》The magazine was selected as the fastest growing technology company, ranking only Google
  • Total subscribers reached 1.5 million in 2009
  • The first new customer with 75000 subscribers in 2009
  • In 2009, 100000 applications were customized by 124000 developers on Force.com

SFS Salesforce.com (CRM) History Encyclopedia

  • In 1999, salesforce.com was founded
  • In 2000, SFA launched the first SFA application
  • In 2001, the first CRM application was launched
  • In 2002, salesforce.com launched its first customer service application
  • In 2003, SFS launched Sforce, the world's first public enterprise cloud computing API programming language
  • In 2003, the company set up the Asia Pacific market, covering Japan, South Korea, China, Singapore, Malaysia and other countries
  • In June 2004, the company New York stock exchange Successful listing (NYSE: CRM)
  • In December 2004, salesforce.com's online CRM appeared in China
  • In 2005, SFS launched Force.com AppExchange, which is equivalent to an online "supermarket" of enterprise software
  • In 2006, Sendia and Kieden were acquired
  • In 2006, Cisco Systems Becoming the 15000th subscriber
  • In 2006, salesforce.com launched Apex, The world's first cloud computing programming language
  • In 2007, it acquired Kenlet and Koral (now a Salesforce product, a content management service provider on the Salesforce platform)
  • In 2007, there were 1 million subscribers and 100 million daily transactions
  • In 2007, Force.com R&D platform was launched
  • In 2008, SFS acquired Appirio and Instranet
  • In 2009, successively acquired Pratice Fusion, GroupSwim and Informavores
  • In 2009, salesforce.com became the first enterprise cloud computing company with an annual revenue of $1 billion
  • In 2009, it was selected as the fastest growing technology company by Forbes magazine, ranking only Google
  • In 2009, 100000 applications were customized by 124000 developers on Force.com
  • In 2010, SFS successively acquired ServiceMax, Jigsaw Data Corp., Sitemasher, Activa Live Chat, DocuSign, heroku and Etacts
  • In 2011, acquired Dimdim, Seesmic, Manymoon, HubSpot, Radian6, Assistly, Model Metrics and Ryple
  • In 2012, SFS achieved revenue of $2.267 billion, becoming the first SaaS cloud computing company with revenue exceeding $2 billion
  • In 2012, we acquired Prior Knowledge, GoInstant, BlueTail, Thinkfuse, ChoicePass, Buddy Media and Styli
  • In 2013, Salesforce.com's revenue exceeded 3.8 billion dollars, and its overall application revenue ranked among the top five in the world
  • From February to June 2013, we acquired EntropySoft, Clipboard.com ($12 million), EdgeSpring and ExactTarget
  • In July 2014, Salesforce acquired RelateIQ for 390 million dollars
  • On June 1, 2016, Salesforce.com paid $2.8 billion to acquire Electronic Commerce Solution Provider Demandware
  • On August 2, 2016, Salesforce.com invested 582 million dollars to acquire Quip, a file editing software developer, in the form of share exchange
  • On October 3, 2016, Salesforce.com invested 700 million dollars to acquire the advertising management platform Krux Digital
  • On March 20, 2018, Salesforce.com, a customer relationship management platform company, announced that it would acquire American software manufacturers with about 5.9 billion dollars in cash and stock MuleSoft Inc , highlighting the efforts of Marc Benioff, CEO, to promote new technologies to enhance the company's cloud business strength
  • On June 10, 2019, Salesforce.com Inc. agreed to acquire the company through all stock transaction valued at US $15.3 billion Tableau Software Inc. To establish its analytical products. This is the largest acquisition of SFS so far
  • On August 7, 2019, Salesforce acquired ClickSoftware, a solution software company, for US $1.35 billion
  • On November 26, 2020, Salesforce (CRM) announced plans to acquire Slack Technologies The transaction was completed on July 21, 2021, with a purchase price of US $27.7 billion.
  • In May and October 2021, Salesforce successively participated in Wiz Inc. 120 million US dollars in round B+financing (lead investment) and 250 million US dollars in round C financing (participation investment).
  • On September 20, 2021, Salesforce will pay Indian start-up companies Razorpay Make strategic investments. Razorpay is an Indian start-up promoting digital payments. According to Techcrunch, it has obtained "strategic investment" from the venture capital department of Salesforce (CRM). In April, as an investor, Singapore sovereign wealth fund GIC and Sequoia India Razorpay raised about $160 million as part of the round E financing jointly led by the investor, with an estimated value of about $3B.
  • On May 11, 2022, Salesforce (CRM) announced a final agreement to acquire the sales and revenue communication platform Troops.ai. The acquisition expected to be completed in the second quarter of FY23 (as of July 31, 2022) will make Troops a Salesforce company Slack Part of.
  • In June 2023, SFS led the investment in the generative artificial intelligence platform Typeface Round B financing of US $100 million.
  • In June 2023, Salesforce Ventures participated in the generative AI platform Runway AI $141 million in C+round financing.
  • In August 2023, Salesforce Ventures led the investment Hugging Face $235 million in Round D financing.
  • In December 2023, Salesforce participated in Mistral AI Investment.
  • On April 12, 2024, Salesforce (CRM. N) is in the process of acquiring a data management software provider Informatica (INFA. N) conduct in-depth negotiations. The negotiations ended in the same month.
  • At present, SFS has more than 150000 users in the world, including GE Time Warner P&G Amazon DuPont Morgan Stanley NOKIA Merrill Lynch And Staples and other industry giants.

SFS Salesforce, Inc. (CRM) US equity investment

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  • Leading stock of US stock market
  • American Stock Software Company
  • Salesforce
  • Saifushi
  • US Stock Cloud Computing Company
  • Tableau Software
  • California Public Company
  • MuleSoft
  • 1990s
  • Customer management software
  • Customer relationship management software
  • Software Terminator
  • No code and low code platform
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    •  Encyclopedia of American Stocks
      Encyclopedia of American Stocks

      Salesforce, with a customer retention rate of more than 90%, is the leader in the field of sales force automation. It simplifies the sales process of managing business leads, team performance and sales forecasting. This field continues to grow every year. CRM is still in the leading position in the automation competition. Its overall SaaS growth story is impressive, because after years of profitability, the company hopes to expand its profit margin and is now implementing generative AI.

      By introducing the SaaS CRM model, the Salesforce empire has become a differentiation factor, because its products can be delivered via the Internet through the web browser. With cloud applications and their platform as a service solutions, Salesforce has become a clear leader in customer relationship management through its sales cloud. CRM has occupied 33% of the market share in the past 20 years, and is famous for its switching costs, enabling it to maintain a retention rate of more than 90%. The powerful functions of its product line and international growth highlight the reasons why the stock is still attractive even when the market falls.

      •  American Stock House
        American Stock House nine

        May 22, 2015: Market rumors Microsoft Will acquire Saifushi , the strand rises in a straight line.

          •  American Stock House
            American Stock House nine

            @ American Stock House Just2Trade analysts are still bullish on sales force, American stock code CRM, a provider of cloud computing solutions for American enterprises. Recently, the company announced that it has reached a strategic alliance with Amazon, and SFS will use Amazon Web Services (AWS) to expand its customer base in Australia. The company will now use AWS in all its core products, including sales cloud, service cloud, analysis cloud, community cloud, etc. This initiative is part of SFS's broader infrastructure expansion plan to provide customers with a better way to manage data. The Asia Pacific region is currently the fastest growing region for SFS. This strategy will help expand its infrastructure to support its rapidly growing customer base in Australia.

            1. Financial situation

            The financial position of SFS as of April 30 in the first quarter of fiscal 2018 is very stable. Compared with the same period last year, the revenue increased by 24.6% to $2.39 billion. The growth of this revenue is mainly due to the rapid adoption of the company's cloud solutions. The subscription and support revenue was $2.2 billion, an increase of 24%, and the professional services and other revenue increased by 30% to $186.7 million. Geographically, the company's revenue growth in the Americas, Europe and Asia Pacific regions was 24%, 29% and 36% respectively. The company also pointed out that the deferred income in the balance sheet as of January 31 was US $5.04 billion, up 26% year on year. The adjusted operating income increased by 13.8% to $316.9 million, and the income of U.S. stocks under non GAAP increased by 16.7% to 28 cents, higher than the consensus expectation of 2 cents. In the reporting quarter, the company's operating cash flow reached $1.23 billion, up 17% year on year.

            2. Development Expectations

            Affected by the better than expected financial performance in the first quarter, SFS improved its financial guidance for the whole year of 2018. The company expects its annual revenue to reach US $10.25-1035 billion, higher than the previous estimate of US $10.15-102 billion. Earnings per share under non GAAP are expected to reach $1.27-1.29, and operating cash flow is expected to increase by 20-21%.

            We believe that the company's considerable expenditure on diversified cloud products and digital marketing will still be the main growth engine. In addition, the company's strategic acquisitions and partnerships and the resulting synergies are expected to benefit in the long run.

            3. Investment suggestions

            Just2Trade analysts believe that the considerable expenditure of Saifushi's diversified cloud products and digital marketing in the world will still be the main growth engine. We suggest that the target price of the company's stock is $100, and it is recommended to make a medium-term investment in the stock, with the stop loss price set at $85.

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