Wednesday April 1, 2020

Salesforce sees cloud’s silver lining

Salesforce. com reported 34 per cent year-on-year growth in its last quarter and reached US$1 billion in revenues

21st March, 2009

Cloud computing is good business for Salesforce.com, which is faring b et t e r than many of its more traditional counterparts in a shaky economy.

While the credit crunch saw many traditional software companies miss their latest quarterly targets, Salesforce.com reported 34 per cent year on year growth in its last quarter and reachedUS$1billion in revenues in the last fiscal year.

It was the first enterprise cloud computing company to achieve this...

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