Salesforce
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Salesforce looks surprisingly good headed into the end of the year with a strong Q3
Despite a weak second quarter and a lot of eyes on the end of the year, Salesforce is already starting to look pretty good again to Wall Street. The company beat analyst expectations today in its third-quarter earnings report across the board. Salesforce reported earnings of 24 cents per share on revenue of $2.14 billion. Wall Street was looking for earnings of 21 cents per share on revenue… Read More
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Apttus looks to the future with bots and virtual reality
Last year Apttus, which provides pricing, quoting and contract building on the Salesforce platform was growing at a crazy rate. It appeared to be headed to IPO or a Salesforce purchase when it got a punch to the gut. Salesforce bought Steelbrick instead.
Sources say, Apttus might have gotten greedy, thinking it was the only enterprise CPQ product out there that provided the best fit for… Read More
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The method in Salesforce’s M&A madness
Salesforce has been on a shopping spree this year, spending in the neighborhood of $5-6 billion on 10 companies. That’s why it was interesting to hear company president, vice chairman and COO, Keith Block talk about what they look for in an acquisition target at a press conference at Dreamforce this week. This is particularly true in the context of rumors that Salesforce was interested… Read More
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A few charts that sum up Jack Dorsey’s first year as Twitter CEO
Happy Twitter-versary (for the nth time around), Jack Dorsey. Things haven’t been going well, it seems, but there’s light at the end of the tunnel — Twitter may be acquired by someone somewhere in the tech (or entertainment) industry, perhaps. To be perfectly fair, the company Dorsey inherited from his predecessor(s), including an array of former product leads as well as CEO… Read More
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Built.io launches an IFTTT for business users
With Flow, Built.io has long offered an integration tool that allowed technical users (think IT admins and developers) to create complex, multi-step integrations with the help of an easy to use drag-and-drop interface. Now, however, the company has also launched a more basic version of Flow that is aimed at business users who want to create IFTTT-like integrations between applications like… Read More
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Why Salesforce might be interested in Twitter
Rumors were flying all day yesterday that Twitter is up for sale, and Salesforce.com could be a chief suitor. At this point, with so many possible bidders being reported, it’s hard to know what’s going to happen (if anything). But the big question for many is why Salesforce would even be interested in the consumer-facing social network. While nobody could say with certainty that… Read More
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Microsoft snatches HP CRM and service business from rivals Salesforce and Oracle
In what has to be characterized as huge win for Microsoft, it announced this morning it had secured a 6-year deal with HP, Inc to run Microsoft Dynamics’ customer relationship management (CRM) and service software. What’s more, it grabbed this deal at the expense of its rivals. HP, Inc. had been a Salesforce CRM customer, while Oracle had been its service software provider.… Read More
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Salesforce paid $110M for BeyondCore, made $4B+ in acquisitions in 6 months
Salesforce may have missed out on buying LinkedIn, but it has had a whopper of an acquisitions spree so far this year anyway. The enterprise cloud and CRM services company put down over $4 billion to buy eight startups in areas like workplace productivity, machine learning and e-commerce solutions, according to the company’s 10-Q filed with the SEC today. The majority of that $4… Read More
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Salesforce Wave turns vertical with new industry-specific apps
When Salesforce introduced its Wave analytics product back in October, 2014, it was mostly framed as a tool for managers to get a grip on the sales pipeline in a visual way. In a series of announcements today, Salesforce made it clear that it’s taking Wave vertical with a variety of job-specific Wave applications. Since its launch, much like Salesforce CRM itself, Wave has grown… Read More
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Salesforce shares face plant despite beating analyst expectations
Salesforce earnings came out today! They’re not great, either, and it looks like a weak outlook for the company’s third quarter is doing some damage to its shares, which were down as much as 8 percent. For a company that literally defined the phrase “software as a service” — basically, running your business online — and one that’s had a decent year… Read More
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