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Salesforce.com, Inc.

Company Profile Analysis

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Salesforce.com, Inc. - ICT showcase

Year Founded & Workforce

1999

25,178 Employees

Industry

ICT

Services

High Productivity Application Platform as a Service
S

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Salesforce.com, Inc. Overview

Company Headquarters: US

Founded: 1999

Workforce: 25,178

Company Working: Salesforce.com Inc is a leading provider of enterprise cloud computing solutions, with a focus on customer relationship management (CRM). The company first introduced its CRM solutions in the year 2000. It provides cloud-based applications for sales, service, and marketing which do not require IT expertise for their installation or management. The company specializes in enterprise cloud computing, and integration of customer relationship management and social networking to capitalize on commercial applications. The product offerings include sales cloud, service cloud, marketing cloud, and commerce cloud. The company proves services which are intuitive and easy-to-use and can be deployed rapidly, customized easily and integrated with other platforms and enterprise apps. Customer Success Platform is a comprehensive portfolio of service offerings providing sales force automation, customer service and support, marketing automation, digital commerce, community management, analytics, application development, IoT integration, collaborative productivity tools, and professional cloud services.

Strategy

Salesforce primarily focuses on strategic partnerships to increase its geographical presence. It invests heavily in research and development to enhance its existing products and solutions and develop new solutions according to the industry requirements. Moreover, to strengthen its customer base, the company aims to offers customized solutions as per the requirement of different industries. It also focuses on acquisition to enhance its product portfolio and expand its presence across different businesses including analytics, IoT, commerce, and integration. The company also concentrates on it enhancing its cloud-based services and solutions to improve the overall security for the users.

Company Snapshot

$5,370M

Revenue

25,178

Employees

1999

Founded

US

Headquarters

SWOT Analysis

Strengths

  • Strong distribution network
  • Strong Brand Imgae
  • Strong dealer community
  • Strong brand image
  • Reliable suppliers
  • Unique technology offerings
  • Strong technological products & services
  • Reliable and high-performance products

Weaknesses

  • Limited success outside core businesses
  • Growing demand for cloud computing technology
  • Limited success outside core business
  • Limited investment in new technologies
  • Unfavorable impact of currency translation
  • Less investment in new technologies

Opportunities

  • Focus on security solutions
  • Growing demand for cloud computing technology
  • Security solutions
  • Online channels expanding the customer base
  • Global urbanization
  • Innovations in computer technology
  • Increasing adoption of cloud security solution
  • New customer from online channel

Threats

  • Fluctuations in currency exchange rates
  • Stringent government regulations
  • Intense competition
  • Economic instability
  • Piracy of sensitive customer data

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Key Developments

DateApproachDevelopment
September 2018Product DevelopmentSalesforce launched new low-code tools for its Lightning platform to help developers to collaborate and develop apps faster. The new tools enable its users to turn a spreadsheet into an enterprise app with just clicks and no codes. The Lighting Flow Builder allows the user to automate and manage complex, multistep business processes on the Salesforce platform
October 2017Product DevelopmentSalesforce launched AppExchange, an enterprise cloud marketplace. The features include personalized recommendations, intelligent search, and embedded Trailhead learning, which customizes the AppExchange experience for its customers. This facilitates tapping in the Salesforce ecosystem and installing trusted solutions from its expanded portfolio of Lightning apps, components, data, industry-specific solutions, and others.
November 2017PartnershipSalesforce entered into a strategic partnership deal with Google. Under this partnership deal, Google Cloud will become Salesforce’s preferred public cloud provider alongside new product integrations.

Product Offering

  • SALESFORCE.COM, INC.
    • High Productivity Application Platform as a Service

Financial Performance

Explore key financial metrics, segmented revenue, balance sheet health, and performance trends.

By Business Segment: Global Sales rose from USD 5.4 Mn in 2015 to USD 13.3 Mn in 2019.
Salesforce.com, Inc. — By Business Segment
Series (USD Mn)20152016201720182019
Global Sales5.46.78.410.513.3

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