Salesforce.com Stock

Description Salesforce.com

Salesforce.com is a cloud-based software company that specializes in providing customer relationship management (CRM) solutions to businesses of all sizes across various industries. The company was founded in 1999 by Marc Benioff, Parker Harris, Frank Dominguez, and Dave Moellenhoff, and is headquartered in San Francisco, California.

Salesforce.com's primary offering is its Salesforce platform, which allows companies to manage and analyze customer interactions and data in a central location. The platform provides businesses with tools for sales, marketing, customer service, and analytics, among others. In addition, Salesforce has also expanded its offerings through acquisitions, with products such as Tableau for data visualization and MuleSoft for integrating applications.

Salesforce.com went public in 2004 and trades on the New York Stock Exchange under the ticker symbol "CRM." As of August 2021, Salesforce has a market capitalization of approximately $245 billion and is one of the largest cloud software companies in the world. The company's stock price has experienced significant growth in recent years, with a 5-year return of over 200%.

Competitors of Salesforce.com

Salesforce.com (CRM) is a cloud computing company that provides customer relationship management (CRM) solutions to businesses of all sizes. While the company is a leader in the CRM market, there are several competitors that pose a significant threat to its market share.

Here are some of the main competitors of Salesforce.com:

1. Microsoft (MSFT): Microsoft's Dynamics 365 CRM solution competes with Salesforce.com's CRM products. While Microsoft's platform is not as widely used as Salesforce, it has the advantage of integrating seamlessly with other Microsoft products like Outlook, Excel, and SharePoint.

2. Oracle (ORCL): Oracle offers a complete suite of business software solutions including CRM, HCM, and ERP systems that compete with Salesforce.com. Oracle's customer experience suite provides similar functionality as Salesforce's CRM products, with an added advantage of seamless integrations with its ERP systems.

3. SAP (SAP): SAP is a global leader in enterprise software, offering CRM solutions under its customer experience suite. While Salesforce has a strong presence in the SMB market, SAP targets enterprise-level customers with more complex needs.

4. HubSpot (HUBS): HubSpot offers an all-in-one inbound marketing platform that includes CRM, marketing automation, and sales tools targeted at small to medium-sized businesses.

5. Adobe (ADBE): Adobe offers a suite of marketing solutions including its Experience Cloud which includes Adobe Marketing Cloud, Adobe Analytics, and Adobe Target. Adobe's platform helps businesses create personalized experiences for their customers across different channels, similar to Salesforce's marketing cloud.

In summary, Salesforce.com faces stiff competition from some of the biggest names in enterprise software. All of these companies offer CRM solutions that are similar to Salesforce's products, but each has its own unique advantages and target markets.

Suppliers of Salesforce.com

Salesforce.com is a software company that provides cloud-based customer relationship management (CRM) solutions to businesses of all sizes. As such, the company relies on various suppliers to provide the necessary components for their software products and services.

The most important suppliers of Salesforce.com are as follows:

1. Infrastructure providers: Salesforce.com relies heavily on cloud infrastructure providers such as Amazon Web Services (AWS) and Microsoft Azure to ensure the stability and reliability of their services.

2. Hardware suppliers: Salesforce.com partners with hardware companies such as Cisco, Dell, and HP to supply the necessary hardware infrastructure needed to run their software products.

3. Data center providers: Salesforce.com operates multiple data centers around the world, and relies on data center providers such as Equinix and Digital Realty to provide the necessary physical space and infrastructure.

4. Telecommunication companies: Salesforce.com partners with telecommunication companies such as AT and Verizon to provide connectivity options for their customers.

5. Software suppliers: Salesforce.com uses various software tools and applications from third-party vendors, such as Oracle and SAP, to support their software development and operational management.

Overall, Salesforce.com relies on a range of suppliers to deliver their products and services to customers, demonstrating the importance of strong supplier relationships in today's business landscape.