Salesforce, Inc. operates in the Technology sector, within the Software—Application industry. Founded in 1999 by Marc Benioff and co-founders, the company is recognized as a pioneer in cloud-based customer relationship management (CRM) platforms.
Salesforce was built around a cloud delivery model designed to replace traditional on-premise enterprise software with internet-based applications.
Its core product offerings include:
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Sales Cloud.
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Service Cloud.
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Marketing Cloud.
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Commerce Cloud.
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Tableau analytics platform.
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MuleSoft integration software.
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Slack collaboration platform.
The company integrates artificial intelligence capabilities across its ecosystem, enabling businesses to manage sales, customer support, marketing automation, analytics, and workflow collaboration in a unified platform.
Salesforce serves customers across a wide range of industries, operating in more than 100 countries. Its business model is primarily subscription-based, generating recurring revenue from enterprise software services.
Performance is influenced by enterprise IT spending, digital transformation trends, competition in cloud software, innovation in artificial intelligence, and global economic conditions.
Salesforce shares trade on the New York Stock Exchange (NYSE) under the ticker CRM.
History and Development
Salesforce was founded in 1999 in San Francisco with the vision of delivering CRM software through the cloud.
In its early years, the company focused on promoting the software-as-a-service (SaaS) model, challenging traditional enterprise software providers.
Salesforce completed its initial public offering (IPO) in 2004, expanding access to capital and accelerating product development and international growth.
Over time, the company broadened its platform through acquisitions and product expansion, strengthening capabilities in analytics, integration, collaboration, and artificial intelligence.
In recent years, Salesforce has emphasized AI integration across its applications and expanded enterprise workflow automation solutions, reinforcing its position as a major provider of cloud-based enterprise software.
Additional Information
The Company Salesforce.com Inc. (United States), is listed on NYSE with a market value of $ 184.66 Billions, having an equity of $ 60.02 Billions.
With a total of 49.000 employees, the company is listed in the sector of Technology and categorized in industry of Software.
In the last 12 months the Company had a revenue of $ 40.32 Billions, which generated a profit in the amount of $ 7.22 Billions.
As for its main indicators, the Company has a P/E ratio of 25.57, a P/BV ratio of 3.08 and in the last 12 months the dividend yield of CRM was at 0.85%.
The Company is traded internationally through the ticker CRM.