“At a time when capital is precious, big-ticket software purchases just don’t make sense.” Salesforce.com CEO Marc Benioff coughed up that oyster of a sound bite back in February, and judging from the company’s latest financials, it’s at least partly accurate.
Salesforce.com has seen a fair bit of its value evaporate amid the economy’s downward spiral. But the same cannot be said of its business, which is apparently doing quite well. Posting fourth-quarter earnings today, Salesforce.com reported record revenue of nearly $290 million with annual sales exceeding $1 billion. Pretty damn good for a cloud computing company.
“We love everybody,” Salesforce.com CEO Mark Benioff said recently. “We even love Microsoft…. This is our core strategy, love.” Yes, the SAAS enterprise applications vendor loves everyone, but none more than Google.
If the defining characteristics of Web 2.0 are “groundbreaking” Facebook widgets, easy access to dumb capital and haughty start-ups dangerously over-leveraged on other companies’ assets what (or who) will define the Web 3.0 epoch?
The answer’s obvious isn’t it? Salesforce.com CEO Marc Benioff.
Why? Because he says so, that’s why.
Speaking at the company’s DreamForce [...]
Salesforce.com CEO Marc Benioff wasn’t kidding when he said in May of 2007, “We’re the Google of business.” The customer-relationship software pioneer this morning announced an alliance with Google that will see it integrating Google’s online services into the Salesforce.com platform.
It was not the market-defining partnership many expected, but Google and Salesforce.com did announce an alliance yesterday. The first fruit of their collaboration: “Salesforce Group Edition featuring Google AdWords,” a joint service through which Salesforce.com will resell Google’s online-advertising tools to businesses.
John Paczkowski has been poking fun at the tech industry and the personalities that drive it since 1997. From 1999 to 2007, he wrote the award-winning tech news Web log Good Morning Silicon Valley for the San Jose Mercury News, Silicon Valley's daily newspaper.
Here is a statement of my ethics and coverage policies. It is more than most of you want to know, but, in the age of suspicion of the media, I am laying it all out.
Best video mashup ever.
A Facebook Memorial
Wow.
Worth it for the Rickrolling photo alone.
Excellent.
Flughumor!
… you vacuous, toffee-nosed, malodorous perverts
Stephen Fry and zoologist Mark Carwardine meet the kakapo — a fat, flightless and very randy rare parrot.
Spectacular in the bellowing Russian sailor sense of the word …
“If you spell something wrong on your insurance claim, do you really deserve surgery? I don’t think so …”
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