Nothing like a nice stretch goal. Salesforce.com is predicting 50% sales growth its next fiscal year, forecasting revenue for fiscal 2007 between $460 million and $465 million.
Salesforce.com notched revenue for its most-recent quarter of $82.7 million and net income of $6.3 million. It faces evolving factors, such as SAP's promise to deliver on-demand CRM, and Microsoft's emerging road map for delivering its Microsoft Live line of on-demand tools. "This is really becoming our time," says CEO Marc Benioff. "But we have to execute."
The Business of Going DigitalDigital business isn't about changing code; it's about changing what legacy sales, distribution, customer service, and product groups do in the new digital age. It's about bringing big data analytics, mobile, social, marketing automation, cloud computing, and the app economy together to launch new products and services. We're seeing new titles in this digital revolution, new responsibilities, new business models, and major shifts in technology spending.