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."
IT's Reputation: What the Data SaysInformationWeek's IT Perception Survey seeks to quantify how IT thinks it's doing versus how the business really views IT's performance in delivering services - and, more important, powering innovation. Our results suggest IT leaders should worry less about whether they're getting enough resources and more about the relationships they have with business unit peers.
What The Business Really Thinks Of IT: 3 Hard TruthsThey say perception is reality. If so, many in-house IT departments have reason to worry. InformationWeek's IT Perception Survey seeks to quantify how IT thinks it's doing versus how the business views IT's performance in delivering services - and, more important, powering innovation. The news isn't great.