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Marc Benioff backs AI as Salesforce reports 28% growth

Marc Benioff

Salesforce reported healthy growth over the course of Q1, growing 28%, as CEO Marc Benioff backed AI as the next major growth driver, during the company’s quarterly earnings call.

Salesforce bags $1.5bn in Q1 2016, on track for $6bn annual run rate

Benioff reaffirmed the company's goal of reaching $10bn in annual revenues

CRM giant Salesforce announced another record quarter this week as it took home over£1.5bn in revenue for Q1 2016, up from £1.44bn the previous quarter. The company claims it is on track to become the first pure-play enterprise cloud company to surpass the $6bn annual run rate mark.

Rumour has it Salesforce is looking to sell itself

Rumour has it Salesforce is entertaining acquisition offers

Cloud heavyweight Salesforce may be working with financial advisors and fielding acquisition inquiries, according to Bloomberg. The biz paper added that there is no certainty any deal will materialise.

Oracle hits out at Salesforce as cloud revenue grows

Larry Ellison said the company's cloud revenue will eclipse Salesforce's revenue this year

Oracle reported SaaS and PaaS revenues of $375m for the third quarter 2015, up 33 per cent from the previous year, with the company’s cloud services now growing at a quicker rate than those offered by Salesforce according to Oracle chief technology officer Larry Ellison.

Salesforce announces record Q4 “right in SAP’s backyard”

Benioff reaffirmed the company's goal of reaching $10bn in annual revenues

Salesforce posted revenues for the quarter ending January 31, 2015 of $1.44bn, a 26 per cent year on year increase with annual revenues reaching $5bn, with future outlook bolstered by anticipated demand for the company’s marketing cloud services.

Salesforce appoints YouTube CEO Susan Wojcicki to board

Susan Wojcicki, chief executive officer, YouTube

Cloud CRM giant Salesforce has appointed YouTube chief executive officer Susan Wojcicki to its board of directors.

Salesforce targets LOB users with analytics cloud

Salesforce is aiming its analytics cloud at LOB users beyond sales and marketing

After weeks of speculation Salesforce took the wraps off its analytics cloud service, Wave Analytics Cloud, which the company seems to be aiming at line of business users beyond sales and marketing in a bid to make it easier for them to visualise data held within salesforce, Force.com-based services as well as SAP and Oracle platforms.

Salesforce, Omnicom bolster CRM partnership

Salesforce and Omnicom are partnering to develop an integrated CRM platform for advertising and marketing

International advertising and marketing firm Omnicom announced a deal with Salesforce that will see the two companies create an integrated CRM platform specifically for advertising agencies. The move comes as enterprise IT decision-makers voice discontent with cloud vendors for failing to cater to industry verticals.

Oracle and Salesforce announce cloud partnership

Oracle and Salesforce.com are integrating their cloud services

Salesforce.com and Oracle have announced a nine-year technology partnership that will see Salesforce adopt a range of Oracle technologies as a platform for its popular cloud services. As part of the agreement, Salesforce.com will standardise its platform on the Oracle Linux operating system and use the company’s Exadata engineered hardware systems, Oracle database and Java middleware.

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