On a conference call with analysts, Benioff was his usual perky self. He noted:
Service cloud has hit a $500 million annual revenue run rate.
Developers have coded more than 300,000 applications on Force.com.
Nestle has rolled out Salesforce to 300,000 employees.
Salesforce is near its first 1 billion transaction day.
Salesforce has $500 million annual revenue run rates in Europe and Asia.
And not too surprisingly, Benioff touted Dreamforce and added it will be the largest enterprise software powwows ever with Richard Branson, Virgin Chairman, GE CEO Jeffrey Immelt and even Tony Robbins. What will Robbins do? He will “run an entire day focused on how to transform yourself into the next generation social enterprise,” said Benioff.
By the numbers:
In the second quarter, subscription and support revenue was up 35 percent from a year ago. Services revenue was up 20 percent. The bulk of Salesforce’s revenue is subscription and support.
Deferred revenue in
(Curated by Dennis Moore. Read the complete article here)