Welcome to our dedicated page for Salesforce news (Ticker: CRM), a resource for investors and traders seeking the latest updates and insights on Salesforce stock.
Salesforce, Inc. (symbol: CRM) is a leading American cloud-based software company headquartered in San Francisco, California. Known for its robust customer relationship management (CRM) software, Salesforce provides a comprehensive suite of applications designed to support sales, customer service, marketing automation, e-commerce, analytics, and application development. The company’s flagship product, Customer 360, integrates customer data across various systems, applications, and devices, offering a unified view to enhance sales, service, marketing, and commerce operations.
Salesforce’s portfolio includes Service Cloud for customer support, Marketing Cloud for digital marketing campaigns, Commerce Cloud as an e-commerce engine, and the Salesforce Platform, which allows enterprises to build custom applications. Additionally, MuleSoft is part of Salesforce's offerings, providing data integration solutions to connect disparate systems.
Recent achievements and ongoing projects highlight Salesforce's commitment to innovation and growth. The company has expanded its capabilities through strategic partnerships and acquisitions. Financially, Salesforce has maintained a strong performance, driven by its recurring revenue model and consistent demand for cloud-based solutions.
For those looking to stay informed on Salesforce's latest developments, the company regularly updates its stakeholders through news releases and financial reports. Stay tuned to understand how Salesforce continues to shape the future of enterprise cloud computing.
Latest News:
Source: Salesforce
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Salesforce (NYSE: CRM) has launched Work.com for Vaccines, designed to aid governments and healthcare organizations in managing large-scale COVID-19 vaccination efforts. This platform facilitates vaccine program management, including inventory, scheduling, and post-vaccination monitoring. Bret Taylor, President and COO, emphasized the essential role of technology in distributing vaccines effectively. Work.com is already used globally for various health management tasks and aims to reinforce public health communication and education.
MuleSoft, recognized as a Leader for the sixth time in the 2020 Gartner Magic Quadrant for Enterprise Integration Platform as a Service (iPaaS) and for the fifth consecutive time in Full Life Cycle API Management, reinforces its status in the industry. This acknowledgment highlights MuleSoft's Anypoint Platform, which enables organizations to easily connect data from various systems. The platform's capability to foster speed, agility, and efficiency in delivering digital projects positions MuleSoft uniquely to support customer needs in digital transformation.
Salesforce (NYSE: CRM) has launched Digital 360, a suite aimed at enhancing customer engagement in a digital-first world. This platform integrates new innovations, including Customer 360 Audiences for data unification and Commerce Cloud Payments for streamlined transactions. The initiative is supported by a robust partner ecosystem and learning resources from Trailhead. Salesforce anticipates significant growth, having powered over two trillion transactions for 150,000 companies this year. The offerings underscore Salesforce's commitment to empower businesses in adapting to a rapidly evolving digital marketplace.
Salesforce (NYSE: CRM) announced new technologies to enhance virtual selling during the COVID-19 pandemic. The updates include Salesforce Meetings, a meeting management system, and Einstein Video Call Coaching, which provides AI insights from video calls. Additional tools like the Salesforce Maps Field Safety Kit help navigate COVID-19 impacts on customer interactions. These innovations aim to boost sales rep productivity and improve customer experiences. The new features are expected to roll out in early 2021, adapting to the changing B2B sales landscape.
Salesforce (NYSE: CRM) announces that Mark Hawkins, President & CFO, will join the Mizuho Virtual Software Tour on September 22, 2020 at 8:00 a.m. PT / 11:00 a.m. ET. A live webcast of the event will be available on the company's investor page. Salesforce, the leader in Customer Relationship Management, helps businesses connect better with their customers using various technologies. For more details, visit salesforce.com.
Salesforce (NYSE: CRM) announced its executives will take part in key investor events on September 14 and 15, 2020. Doug Camplejohn, EVP & GM of Sales Cloud, will present at the Deutsche Bank Virtual Technology Conference on September 14 at 10:40 a.m. PT, while Mark Hawkins, President & CFO, will speak at the Jefferies Virtual Software Conference on September 15 at 7:00 a.m. PT. Webcasts for these presentations will be accessible on Salesforce's investor website.
Salesforce (NYSE: CRM) announced its executives will participate in several upcoming investor events. On September 1, David Schmaier, CEO of Salesforce Industries, will join RBC Capital's Virtual Technology Tour at 1:00 PM PT. On September 4, Adam Blitzer, EVP & GM, Digital, will take part in a fireside chat hosted by Truist Securities at 10:00 AM PT. Finally, on September 8, Bill Patterson, EVP & GM, CRM Applications, will also join a fireside chat at Citi's 2020 Global Technology Virtual Conference at 1:15 PM PT. Webcasts will be available on Salesforce's investor website.
Salesforce (NYSE: CRM) announced the launch of the Naloxone Virtual Dispensary by the Nevada Department of Health and Human Services to combat the opioid crisis. This application tracks naloxone supply and enables efficient management of federally appropriated funds. Since its deployment, over 11,861 naloxone kits have been dispensed, along with 4,942 kits to first responders and 856 overdose reversals reported. The initiative aims to improve community health amidst rising opioid overdose rates exacerbated by the COVID-19 pandemic.
Salesforce (NYSE: CRM) has been recognized as a Leader in Gartner's 2020 Magic Quadrant for Digital Commerce for the fifth consecutive year. This recognition highlights Salesforce’s ability to execute and its completeness of vision in the digital commerce space. The Salesforce Commerce Cloud supports over two billion shoppers monthly, providing a comprehensive platform for businesses to enhance customer experiences across multiple channels. The emphasis on digital transformation is paramount as companies seek scalable commerce solutions to meet rapidly evolving consumer demands.
Salesforce (NYSE: CRM) announced the granting of equity awards to 703 employees of Vlocity, Inc. as part of its 2014 Inducement Equity Incentive Plan. A total of 363,731 restricted stock units (RSUs) and 88,463 stock options were distributed. The RSUs vest over four years, with 25% vesting on the first anniversary. The stock options also vest over four years, with 25% vesting on the first anniversary, followed by monthly vesting. This initiative aims to enhance Salesforce's industry capabilities and provide further tools for customer digital transformation.
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