Salesforce

Salesforce

http://www.salesforce.com
https://www.linkedin.com/company/salesforce/

Salesforce, a publicly owned company founded in 1999 and headquartered in the US, develops and sells enterprise and telecoms software. Its primary product is a customer relationship management (CRM) platform. As of 2024, the company employed approximately 69,800 people and generated annual revenues exceeding $1 billion.

2024 Revenue

Founded

1999

Headcount

69,795

Headquarters

US

Primary Segment

Enterprise and telecoms software

Ownership

Publicly Owned

Deployments

1

News Summary:

In its financial year ending 31 January, Salesforce Australia and New Zealand (A/NZ) reported a substantial 20.6% year-on-year revenue increase to $1.66 billion, with revenue in Australia rising by 18.6% to $1.43 billion. Pentagon Credit Union (PenFed), America's second-largest federal credit union, is expanding its use of Salesforce technology to include generative AI, recognizing the importance of digital experience in customer retention. At Connections 2023, Yeti, a global designer, retailer, and distributor of outdoor products, will demonstrate how it leverages Salesforce technology to connect with customers authentically and personally. Salesforce Australia's research, conducted in partnership with the Australian Retailers Association (ARA), revealed that 83% of ANZ retailers have strong confidence in their ability to close deals despite changing social and economic conditions. The research also highlighted the need for retailers to retrain sellers to navigate rising inflation, supply chain challenges, and regulatory uncertainties.

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Salesforce offers 3 products in the telecoms tech, media and telecoms services and ad tech industries. Salesforce's product portfolio comprises of streaming services, data, targeting and identity and enterprise and telecoms software.

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Salesforce's revenues were $37.9B in 2024. Caretta Research has split Salesforce's revenue into 3 different product categories, the largest of which is enterprise and telecoms CRM, which represents 100% of Salesforce's revenue.

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Oct

2nd

2024

11:02

Awards and Recognitions

Q&A with Louise Hobbs: Commonwealth Bank Early Career Teacher Award-winner 2024

In the third of our winners’ profiles from this year’s Commonwealth Bank Teaching Awards, presented by Schools Plus, we chat to Louise Hobbs, Leading Teacher at Goroke P-12 College in regional Victoria. Louise (pictured above being presented with her award by Sassoon Grigorian, Vice President at Salesforce Australia) is helping to make education more equitable for all.

Aug

7th

2024

20:24

Financial Results

NZ boosts revenue to almost $1.7B – ARN

Salesforce Australia and New Zealand (A/NZ) has capped off its financial year ending 31 January with a significant increase in revenue, rising 20.6 per cent year-on-year to $1.66 billion. In Australia, revenue rose by 18.6 per cent to $1.43 billion.

ARN (Australia)

Aug

31st

2023

06:30

Artificial Intelligence

PenFed Deploys Self-Service Tools, Boosts Productivity with Salesforce Einstein

Pentagon Credit Union (PenFed), America’s second-largest federal credit union with over 2.9 million members, is expanding its use of Salesforce technology to include generative AI. Why it matters: According to Salesforce research, digital experience is the second most common reason that consumers switch banks, following price.

Jun

6th

2023

09:30

How YETI Uses Salesforce to Prepare Customers for the Next Adventure

This week at Connections 2023, Yeti — the global designer, retailer, and distributor of innovative outdoor products — will showcase how it is using Salesforce technology to connect with customers in new and innovative ways that are authentic, personal, and true to the brand.

Dec

12th

2022

18:30

Financial Results

Interesting report on retailer confidence

Retailers prepared to retrain sellers for a new reality of rising inflation, supply chain bottlenecks and regulatory uncertainty, according to new research from Salesforce Australia, 12 December 2022 – Salesforce, the global leader in CRM, today released the fifth edition of its State of Sales Report , in partnership with the Australian Retailers Association (ARA), which reveals 83 per cent of ANZ retailers have strong confidence in their organisation’s ability to close deals despite changing social and economic conditions.

Sep

21st

2022

16:21

Salesforce customers react as details about Genie emerge

... potential Another Salesforce customer, News ... advertisers to sell direct to ... partner and analyst at Futurum ... something that you buy extra?" Leary said.

Sep

21st

2022

16:21

Salesforce customers react as details about Genie emerge

... potential Another Salesforce customer, News ... advertisers to sell direct to ... partner and analyst at Futurum ... something that you buy extra?" Leary said.

Sep

8th

2022

17:30

Why Salesforce Trounced the Market on Thursday

... They just revealed what they believe are the ten best stocks for investors to buy right now. and Salesforce, Inc. wasn't one of them! That's right.

Sep

8th

2022

17:30

Why Salesforce Trounced the Market on Thursday

... They just revealed what they believe are the ten best stocks for investors to buy right now. and Salesforce, Inc. wasn't one of them! That's right.

Jun

10th

2022

00:00

Salesforce Prepares Twitter Bid 10/05/2016

... this week, and as expected Salesforce will be in the front ... according to a report in the Wall Street Journal,citing people familiar with the companys ...

Jun

10th

2022

00:00

Salesforce Prepares Twitter Bid 10/05/2016

... this week, and as expected Salesforce will be in the front ... according to a report in the Wall Street Journal,citing people familiar with the companys ...

Jun

3rd

2022

10:38

Top Analyst Reports for Salesforce, Merck & AT&T

Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor. Sheraz Mian ...

Examples of Salesforce's suppliers include Automattic, Criteo and Amazon Web Services (AWS).

Example Customers

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Example Suppliers

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Example Partners

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