Latest CRM reports update at 2024-03-06: 202420232022
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salesforce.com CRM

$ 274.29 0.42%

Country

usaUSA

IPO year

2004

Industry

Software

Stock Exchange

NYSESPB

CEO

Mr. Marc Benioff

Employees in the company

54 557

Shares

974 M

Market Cap[1]

$ 267 B

EBITDA (LTM)

$ 4.08 B

P/E (LTM)

158.87

P/S (LTM)

6.45

EPS (LTM)

1.15

Salesforce is a leading company in the cloud-based software solutions for customer relationship management (CRM) industry. Was founded in the USA in 1999 and has since become one of the largest providers of CRM software worldwide.

Salesforce offers a wide range of products and services that help businesses improve their customer relationships and optimize their operations. These include sales and marketing automation, customer service management, analytics, and mobile apps.

An important factor in Salesforce's success is its focus on cloud technology. The company offers its solutions exclusively as cloud-based software-as-a-service (SaaS), enabling customers to access their data and applications quickly and easily.

Company also places great emphasis on innovation and invests continuously in research and development and has a strong presence in the startup scene and encourages collaboration with young companies to develop new ideas and technologies.

Another important aspect of Salesforce is its commitment to social responsibility. The company has pledged to donate 1% of its profit, employee time, and products to charitable causes. This has helped become recognized as one of the most ethical companies in the world.

Overall, it's a company that not only offers innovative products and services but also has a positive impact on society. With its focus on cloud technology and commitment to social responsibility, Salesforce will continue to play an important role in the CRM industry in the future.

Other stocks of industry "Software"

References

  1. Pavone, P. (2019). Market capitalization and financial variables: Evidence from Italian listed companies. International Journal of Academic Research Business and Social Sciences, 9(3), 1356-1371.