Sector: Technology|Industry: Software - Application|Market Cap: $345.84B|Employees: 72.7K
Salesforce, Inc. is a global leader in customer relationship management (CRM) technology, enabling companies of all sizes and industries to connect with customers through data, AI, CRM, and trust. Its AI-powered Customer 360 platform unites sales, service, marketing, commerce, and IT teams, providing a single source of customer truth for improved responsiveness and efficiency. Salesforce's competitive advantages include its trusted platform, AI capabilities, and strong partner ecosystem, with a global presence and key markets worldwide.
Salesforce, Inc. is a leading global provider of customer relationship management (CRM) software. Founded in 1999, the company's AI-powered Customer 360 platform connects customer data across systems to unify sales, service, marketing, commerce, and IT teams. Salesforce primarily sells to businesses worldwide through subscriptions via direct sales and partners. The company also offers a platform and developer tools for third-party applications.
Salesforce offers a suite of integrated cloud-based services within its Customer 360 platform:
Salesforce operates as a single operating segment.
Salesforce's growth strategy focuses on expanding relationships with existing customers through cross-selling and upselling, increasing geographic reach, and focusing on industry-specific solutions and new product innovation, including AI. The company also leverages its partner ecosystem and aims to maintain strong customer adoption while reducing customer attrition. Salesforce prioritizes strategic investments and acquisitions to complement organic growth and platform development.
Salesforce is a leader in the CRM market, competing with vendors of packaged business software, enterprise software application vendors, cloud computing application service providers, and companies offering specialized or free software. The market is highly competitive, rapidly evolving, and fragmented.
(Generated from latest 10-K filing)