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Salesforce Com Inc - CRM STOCK NEWS

Welcome to our dedicated page for Salesforce Com news (Ticker: CRM), a resource for investors and traders seeking the latest updates and insights on Salesforce Com stock.

Overview

Salesforce Com Inc is a prominent American cloud-based software company specializing in customer relationship management (CRM) and enterprise cloud computing solutions. By uniting sales automation, customer service, digital marketing, e-commerce, analytics, and application development under one roof, the company offers a comprehensive platform that bridges the gap between organizations and their customers. Its integrated approach combines industry-specific insights and robust technology to deliver a single source of truth for customer data across diverse systems, apps, and devices.

Core Business Areas

At its core, Salesforce provides a wide range of cloud-based applications that empower enterprises to streamline operations and enhance customer engagement. The Customer 360 platform is central to its offering, addressing critical business needs with:

  • Sales Automation: Tools that enable efficient lead management and sales pipeline optimization.
  • Customer Support: Service Cloud delivers effective support and case management solutions.
  • Digital Marketing: Marketing Cloud facilitates complex digital campaigns and personalized customer outreach.
  • E-Commerce: Commerce Cloud serves as a robust engine for online commercial activities.
  • Application Development: The Salesforce Platform allows enterprises to build custom applications tailored to specific business requirements.
  • Data Integration: Solutions like MuleSoft bridge the gap between disparate data systems ensuring seamless connectivity.

Market Position and Industry Significance

Operating in the expansive cloud computing and CRM space, Salesforce distinguishes itself by providing an integrated ecosystem rather than a one-dimensional software tool. This multi-faceted approach has positioned the company as a key player in the digital transformation arena, appealing to a diverse range of industries that require sophisticated data management and customer engagement strategies. Its platform not only improves operational efficiencies but also fosters an environment where enterprises can innovate and scale their IT infrastructures in a secure, agile, and cost-effective manner.

Business Model and Revenue Generation

Salesforce’s business model is predominantly subscription-based, enabling recurring revenue through continuous customer engagement. It benefits from long-term client relationships and consistent software updates that help embed the platform deeply into everyday business operations. Licensing models and platform fees underpin its financial stability, as the company continues to drive adoption across a myriad of industries. The business model is designed to support flexibility and scalability, making it an attractive solution for both small enterprises and large multinational corporations.

Operational Excellence and Integration

One of the strategic strengths of Salesforce is its emphasis on integration. By connecting disparate data points into a cohesive whole, the company helps organizations overcome silos and achieve greater operational efficiency. Practical deployment of its technologies ensures that users have access to reliable, real-time insights that are critical for making informed decisions during customer interactions. This connectivity across channels and platforms not only enhances user experiences but also optimizes internal processes.

Competitive Landscape

Within an increasingly competitive market, Salesforce stands out due to its expansive suite of tools that address a spectrum of business needs. While there are several notable players in the CRM and cloud computing domains, the company differentiates itself through its holistic approach to customer relationship management and employee collaboration. This integrated methodology, supported by its state-of-the-art technology infrastructure, helps maintain its distinguished position in the sector without relying solely on isolated functionalities.

Conclusion

Salesforce Com Inc encapsulates the evolution of cloud technology in the modern enterprise. With an extensive portfolio ranging from sales and service automation to digital marketing and integration solutions, it plays a crucial role in shaping how companies interact with their customer base. The company provides robust, secure, and flexible cloud platforms that support digital transformation, making it integral to the strategies of organizations aiming for operational efficiency and enhanced customer engagement.

Rhea-AI Summary
Salesforce (NYSE: CRM) introduces Einstein 1 Studio, empowering admins and developers to customize and embed AI across every Salesforce app. The tools include Copilot Builder for custom AI actions, Prompt Builder for AI prompts, and Model Builder for AI models. This innovation aims to address the challenges enterprises face in leveraging AI, offering low-code and no-code solutions deeply integrated with Data Cloud.
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Salesforce (NYSE: CRM) announces strong financial results for Q4 and FY24, with revenue growth, increased performance obligations, and operating cash flow. The company initiates a dividend, share repurchase program, and provides guidance for FY25. Despite positive performance, some negative impacts on operating margin and EPS are noted.
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Salesforce (NYSE: CRM) introduces Einstein Copilot, a customizable AI assistant for CRM that leverages company data to enhance productivity and customer relationships. The AI tool is embedded in Salesforce applications and offers generative responses, actions, and customization capabilities, catering to various business needs.
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Salesforce (NYSE: CRM) will release its fourth quarter and full fiscal year 2024 results on February 28, 2024, after the market close. The company will host a conference call to discuss its financial results with the investment community. A live webcast and replay of the event will be available on the Salesforce Investor Relations website at www.salesforce.com/investor.
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Salesforce (NYSE: CRM) announced new data and AI-powered tools to transform shopping experiences, powered by the Einstein 1 Platform. 83% of global retailers have seen operational efficiency improvements with AI, and 63% of marketers say that trusted customer data is important. New tools include Einstein Copilot for Shoppers, Page Designer, Return Insights, Inventory Insights, Global Promotion Management, Referral Marketing, Segment Creation, and Content Creation. These tools aim to improve customer interactions, increase loyalty, drive revenue, and boost employee productivity.
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Salesforce (NYSE: CRM) announced significant updates to its Einstein 1 Platform, adding the Data Cloud Vector Database and Einstein Copilot Search. The Data Cloud Vector Database will unify all business data, including unstructured data like PDFs, emails, and transcripts, with CRM data to enable grounding of AI prompts and Einstein Copilot, eliminating the need for costly and complex fine-tuning of LLM models. This will provide AI search capabilities to deliver precise answers from Data Cloud instantly in a conversational AI experience, boosting productivity for all business users.
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Salesforce (CRM) and ADP (ADP) have expanded their partnership to reimagine ADP's client experience for its more than 1 million clients. The collaboration aims to unite ADP's data and insights with Salesforce's Customer 360 platform to drive greater collaboration and empower ADP's service teams with real-time, quick responses to client inquiries using generative AI. This partnership reflects a commitment to delivering intelligent, personalized, and automated customer experiences.
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Salesforce (CRM) reported a strong third quarter fiscal 2024 with $8.72 billion in revenue, up 11% year-over-year. The company also announced a 17.2% GAAP operating margin and a non-GAAP operating margin of 31.2%. Salesforce returned $1.9 billion to stockholders through share repurchases and initiated fourth quarter FY24 revenue guidance of $9.18 billion to $9.23 billion. The company's full year FY24 revenue guidance was narrowed to $34.75 billion to $34.8 billion, with a raised GAAP operating margin guidance to 14.5% and non-GAAP operating margin guidance to 30.5%. Salesforce also raised its full year FY24 operating cash flow growth guidance to 30% to 33% year-over-year.
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Salesforce (CRM) Cyber Week 2023 figures reveal 6% YoY growth in global online sales, reaching $298 billion, with U.S. sales up 5% YoY to $70.8 billion. AI influenced $51 billion of global online sales, driving growth through targeted offers and personalized shopping. Black Friday and Cyber Monday saw 8% and 5% global sales increases respectively, with mobile traffic accounting for 79% of ecommerce traffic.
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Salesforce (CRM) and Amazon Web Services (AWS) (AMZN) have announced a significant expansion of their strategic partnership, deepening product integrations across data and AI, and offering select Salesforce products on the AWS Marketplace. The expanded agreement aims to make it easier for customers to manage their data across Salesforce and AWS and safely infuse AI technologies into their applications. The partnership will enhance customer experiences, streamline purchasing options, and empower developers with new AWS compute and development services. The new product integrations will be available in 2024.
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FAQ

What is the current stock price of Salesforce Com (CRM)?

The current stock price of Salesforce Com (CRM) is $247.225 as of April 18, 2025.

What is the market cap of Salesforce Com (CRM)?

The market cap of Salesforce Com (CRM) is approximately 245.1B.

What is the primary focus of Salesforce Com Inc?

Salesforce Com Inc is centered on providing cloud-based customer relationship management and enterprise software solutions that connect companies with their customers.

How does Salesforce generate its revenue?

The company primarily operates on a subscription-based model along with licensing fees, offering recurring revenue through its integrated cloud services and platform solutions.

What is the significance of the Customer 360 platform?

The Customer 360 platform integrates data across multiple systems, apps, and devices, providing businesses with a unified view of customer interactions and enabling more informed decision-making.

What core business areas does Salesforce address?

Salesforce addresses a range of functions including sales automation, customer service, digital marketing, e-commerce, and custom application development, all through its cloud-based solutions.

How does Salesforce maintain its competitive edge?

By offering a comprehensive suite that integrates various business functions and data streams, Salesforce differentiates itself in the market, ensuring operational efficiency and enhanced customer engagement across industries.

What industries benefit from Salesforce's solutions?

Salesforce serves a wide array of industries by providing tools that improve sales, customer support, digital marketing, and overall business operations, making its solutions adaptable for both small enterprises and large corporations.
Salesforce Com Inc

NYSE:CRM

CRM Rankings

CRM Stock Data

245.06B
935.78M
2.63%
82.78%
1%
Software - Application
Services-prepackaged Software
Link
United States
SAN FRANCISCO