What does salesforce own

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What Companies Does Salesforce Own? – [Answered]

Acquisition date Acquired company name Price Category
December 1, 2020 Slack $27.7B Enterprise
August 8, 2019 ClickSoftware Technologies $1.4Bn Enterprise Software
July 31, 2019 Tableau $15.7Bn Analytics
July 17, 2019 Datorama $800M Artificial Intelligence

Apr 27 2022

Salesforce Acquisitions
  • 2021. Slack. July 21, 2021: Salesforce completed its acquisition of Slack Technologies, Inc. …
  • 2020. Vlocity. …
  • 2019. ClickSoftware. …
  • 2018. Datorama. …
  • 2016. Krux. …
  • 2011. Heroku.

Full
Answer

What companies does Salesforce own?

What Companies Does Salesforce Own?

  • Slack. Salesforce shot into the headlines in July 2021 after announcing it would spend $27.7 billion to bring the popular workplace messaging app Slack into its orbit.
  • Tableau. Salesforce officially acquired Tableau in August 2019 for $15.7 billion. …
  • Quip. …
  • MuleSoft. …
  • Acumen Solutions. …
  • Vlocity. …
  • Demandware. …
  • ExactTarget. …
  • Buddy Media. …
  • Krux. …

Who should buy Salesforce?

With an expense ratio of 0.51%, the ETF provides you exposure to quality companies such as Amazon, Meta Platforms, Alphabet, PayPal, and Salesforce.com that account for a cumulative 38.4% of the fund. All the companies mentioned here are market leaders and enjoy wide economic moats.

Who will acquire Salesforce?

With Salesforce being such a behemoth of a company, this news doesn’t come around too often. In fact, the last rumour of Salesforce being acquired was back in 2015 when Microsoft was rumoured to offer Marc Benioff, CEO of Salesforce, $55B, but he countered with $70B and the deal fell through.

What does Salesforce actually sell?

how many customers and employees does salesforce have? 150,000 customers 20,000 employees. Ohana means. family. Salesforce‘ customers are. at the center of everything we do. What does salesforce actually sell? CRM software. What does CRM stand for? customer relationship management.

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Who all does Salesforce own?

List of the Largest Salesforce AcquisitionsSlack – $27.7B.Tableau – $15.7B.MuleSoft – $6.5B.Demandware – $2.8B.ExactTarget – $2.5B.ClickSoftware – $1.35B.Vlocity – $1.33B.Krux – $800M.More items…•


What is Salesforce main product?

Sales CloudSales Cloud is Salesforce’s flagship product – it was released when the company was founded back in 1999, and has the largest share of any CRM available today.


What products does Salesforce make?

Salesforce Products:Sales Cloud. Sales Cloud, one of the most popular Salesforce products refers to the “sales” module in salesforce.com. … Service Cloud. Service Cloud is a Salesforce application to support every customer, anytime, anywhere. … Marketing Cloud. … Community Cloud. … Analytics Cloud. … App Cloud. … IoT Cloud.


How many companies are acquired by Salesforce?

Salesforce has acquired 62 organizations. Their most recent acquisition was Slack on December 1, 2020. Salesforce is a global cloud computing company that develops CRM solutions and provides business software on a subscription basis.


Who are Salesforce competitors?

Competitors and Alternatives to SalesforceMicrosoft.Oracle.SAP.SugarCRM.Zoho.Sage.Zendesk.CRMNEXT.


What is Salesforce best known for?

Salesforce, Inc. is a famous American cloud-based software company that provides CRM services. Salesforce is a popular CRM tool for support, sales, and marketing teams worldwide. Salesforce services allow businesses to use cloud technology to better connect with partners, customers, and potential customers.


Which Salesforce Cloud is most in demand?

Salesforce Administrator The Salesforce Administration is one of the most in-demand Salesforce roles. These Tech professionals function as the go-to expert on a business’s Salesforce.


Is Salesforce a Fortune 500 company?

Salesforce, which jumped 50 spots to #137 on the FORTUNE 500 list in 2021, was also recently recognized on the “Best Large Workplaces for Women” list (for the fifth consecutive year), “Best Workplace in Technology” list (for the fifth consecutive year), and as one of the “World’s Most Admired Companies®” (for the …


What businesses use Salesforce?

List of prominent companies rely on Salesforce:Spotify.Amazon Web Services.U.S. Bank.Toyota.Macy’s.T-Mobile.Aldo.The New York Post.More items…


Who owns Slack?

SalesforceSlack Technologies / Parent organizationCloud computing giant Salesforce has completed its acquisition of Slack, a $27.7 billion dollar deal that adds the messaging app to its suite of enterprise software without immediately changing Slack’s functionality, branding, or leadership.


How large is Salesforce?

Revenue grows to $10.548 billion for the fiscal year ending January 31, 2018, up 25% on the previous year. Salesforce has 29,000 employees around the world and more than 150,000 customers.


Does Salesforce have its own cloud?

Salesforce already relies on AWS as its primary public cloud provider and AWS also uses Salesforce as its CRM platform.


When was Salesforce founded?

Founded in 1999, Salesforce enables companies of every size and industry to take advantage of powerful technologies — cloud, mobile, social, voice, and artificial intelligence — to connect to their customers in a whole new way.


When did Salesforce acquire Vlocity?

Vlocity. June 1, 2020: Salesforce completed its acquisition of Vlocity, a leading provider of industry-specific cloud and mobile software for the world’s top companies in communications, media and entertainment, energy and utilities, insurance, health, and government organizations. See more .


We answer some basic questions about what Salesforce does, what Salesforce CRM software is used for, and how Salesforce works

Maybe you’ve heard CEO Marc Benioff speak on CNBC or CNN. You may also recognize our cloud logo, friendly characters, or our very tall headquarters in San Francisco. But, because our work in the world is so varied, we often field the question: What does Salesforce actually do?


What does Salesforce do?

Many companies come to us frustrated or overwhelmed by their customer data because it’s not sharable, readable, and it does not tell the story of who their customer is or what they want. For example, sales doesn’t share knowledge or data well with marketing; marketing has no knowledge of when a customer has contacted customer service.


See what Salesforce Customer 360 can do for you

This three-minute video explains how Salesforce technology brings customers, partners, and your brand together across teams – anywhere.


What is Salesforce used for?

Another thing about our CRM platform: It’s software, not hardware, and it lives in the cloud. This means your marketing, sales, commerce, service, and IT teams can be connected on our platform no matter where they’re physically located in the world.


How does Salesforce work?

Customer 360 offers apps that unite every team — marketing, sales, commerce, service, and IT — around a single, shared view of customer data on an integrated platform. Employees can access the information they need to do their best work. And they can collaborate and align with colleagues much more easily.


How can Salesforce be used for marketing?

We can help your team tailor marketing messages to the right person at the right time on the right channel. We can also help you improve lead generation, customer acquisition, and upselling and cross-selling opportunities.


How do you use Salesforce for sales?

Your sales team can spend less time on data entry and more time connecting with customers. Our tools can also help your sales reps and support team develop and implement a precise, repeatable sales process.


1. Slack

One-line Pitch: “Make work life simpler, more pleasant and more productive. Slack is the collaboration hub that brings the right people, information and tools together to get work done.”


2. Tableau

One-line Pitch: “ [Tableau] make breakthrough products that change the way people use data.”


3. Mulesoft

One-line Pitch: “MuleSoft provides a software platform that enables organizations to easily build application networks using APIs…the digital glue that allows applications to talk to each other and exchange data.”


4. Demandware

One-line Pitch: “Demandware provides enterprise cloud commerce solutions that empower the world’s leading retailers to continuously innovate.”


5. ExactTarget

One-line Pitch: “ExactTarget provides on-demand one-to-one email marketing software applications.”


6. ClickSoftware

One-line Pitch: “ClickSoftware improves the efficiency and effectiveness of field service organizations and mobile workforces. Real-time operational intelligence delivers real business value.”


7. Vlocity

One-line Pitch: “Vlocity is built natively on the Salesforce Platform and it is a leading provider of industry-specific solutions”


What is Salesforce software?

Salesforce is a multi-solution platform that is designed to help businesses with just about anything. As the official Salesforce website puts it, Salesforce works to “bring companies and customers together.”. Whether you’re promoting a service, selling a product, or organizing a community, Salesforce helps keep track of all customer …


Why is Salesforce important?

Whether you’re promoting a service, selling a product, or organizing a community, Salesforce helps keep track of all customer and client information and interactions, ensuring that nothing falls through the cracks. For instance, it can be used to help engage more with current and past customers by sending targeted and personalized messages.


What percentage of the CRM market is Salesforce?

Salesforce holds nearly 20 percent of the global CRM market, which means there are plenty of exciting opportunities to upskill in either Salesforce development or administration or both, there is the Salesforce Platform Developer I Certification Training and the Salesforce Administrator Certification Training Course.


What are the advantages of Salesforce?

Another significant advantage is that Salesforce automates the mundane tasks administrators used to waste a lot of time on. This helps increase productivity and boost sales. It also enables IT talent to work on more strategic products.


What is Salesforce administrator?

A Salesforce administrator is an expert at deploying and managing the platform. Responsibilities may include cleaning up old data, user maintenance, and providing support to other team members.


Where is Salesforce CRM located?

But you may also be wondering, “what is Salesforce CRM?”. Headquartered in San Francisco, Salesforce is a cloud computing company that was founded in 1999 by Marc Benioff, the company’s chairman, and CEO.

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Overview

Salesforce, Inc. is an American cloud-based software company headquartered in San Francisco, California. It provides customer relationship management (CRM) software and applications focused on sales, customer service, marketing automation, analytics, and application development.


History

The company was founded in 1999 by former Oracle executive Marc Benioff, together with Parker Harris, Dave Moellenhoff, and Frank Dominguez as a software as a service (SaaS) company. Initial funding for the company came from Larry Ellison and Halsey Minor.
In 2003, Salesforce held its first annual Dreamforce conference in San Francisco. In June 2004, the company had its initial public offering on the New York Stock Exchange under the stock symbo…


Services

Salesforce’s products include several customer relationship management (CRM) technologies, including: Sales Cloud, Service Cloud, Marketing Cloud, and Commerce Cloud and Platform. Additional technologies include Slack, MuleSoft, Tableau Analytics, and Trailhead.
Salesforce’s main technologies are tools for customer management. Other products enable customers to create apps, integrate data from other systems, visualize data, and offer training c…


Operations

Salesforce is headquartered in San Francisco in the Salesforce Tower. Salesforce has international offices in Hong Kong, Israel, and Sydney.
Standard & Poor’s added Salesforce to the S&P 500 Index in September 2008.
According to Marc Benioff, Salesforce corporate culture is based on the concept of Ohana.


Acquisitions

Salesforce has acquired many companies throughout its history.
In 2006, Salesforce acquired Sendia, a mobile web service firm, for $15 million and Kieden, an online advertising company. In 2007, Koral, a content management service, was acquired. In 2008, Salesforce acquired Instranet for $31.5 million. In 2010, Salesforce acquired multiple companies, including Jigs…


Criticisms

In November 2007 a phishing attack compromised contact information on a number of Salesforce customers. Some customers then received phishing emails that appeared to be invoices from Salesforce. Salesforce has stated that “a phisher tricked someone into disclosing a password, but this intrusion did not stem from a security flaw in [the salesforce.com] application or database.”
In 2017 at DEF CON, two security engineers were let go after giving a presentation on an internal …


Salesforce Ventures

In 2009, Salesforce began investing in startups. These investments became Salesforce Ventures, headed by John Somorjai In September 2014, SFV set up Salesforce1 Fund, aimed at start-ups creating applications primarily for mobile phones. In December 2018, Salesforce Ventures announced the launch of the Japan Trailblazer Fund, focused on Japanese startups.
In August 2018, Salesforce Ventures reported investments totaling over $1 billion in 275 compa…


See also

• Salesforce Tower
• Salesforce Tower Indianapolis
• Salesforce Marketing Cloud
• SalesforceIQ

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