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UBS Reiterates Buy on salesforce.com (CRM) Following 2Q Report

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Salesforce and Partner Ecosystem Extend Wave Analytics Apps to New Departments and Industries

September 1, 2016 8:02 AM EDT

SAN FRANCISCO, Sept. 1, 2016 /PRNewswire/ -- Salesforce (NYSE: CRM), the Customer Success Platform and world's #1 CRM company, today announced the expansion of its Wave Analytics portfolio with new apps built by Salesforce and independent software vendors (ISVs) in its ecosystem. New Salesforce Wave apps for B2B Marketing and Financial Services Cloud, as well as 20 apps from leading ISV partners including Everis, ThinkLP and Vlocity, allow even more employees to be smarter about their customers with actionable insights within the context of their businesses. In addition, the new Wave Dashboard Designer and... More

PetSmart Enables OmniChannel Strategy, Unifies the Customer Shopping Experience with the Demandware® Commerce Cloud

September 1, 2016 8:01 AM EDT

BURLINGTON, Mass., Sept. 1, 2016 /PRNewswire/ -- Demandware®, a Salesforce (NYSE: CRM) company and the industry-leading provider of enterprise cloud commerce solutions, today announced that PetSmart, Inc., the largest specialty pet retailer in North America dedicated to solutions and services for the lifetime needs of pets, has selected Demandware for its next-generation commerce platform. PetSmart will leverage the Demandware platform to grow its long-term omnichannel capabilities to allow customers to shop and engage how, when and where they... More

Salesforce Launches Wave for Financial Services Cloud, Putting Insights at Advisors' Fingertips

September 1, 2016 7:59 AM EDT

SAN FRANCISCO, Sept. 1, 2016 /PRNewswire/ -- Salesforce [NYSE: CRM], the Customer Success Platform and world's #1 CRM company, today announced Wave for Financial Services Cloud, putting insights at advisors' fingertips. With this new application, embedded in the Financial Services Cloud product, advisors will be able to leverage analytics to uncover client opportunities, maximize their time and take action at the point of insight.

Today's clients have their wealth scattered across multiple banks, wealth management firms and 401k custodians, causing a proliferation of disjointed financial data. Financial advisors... More

Salesforce.org Donates $8.5 Million to San Francisco and Oakland Public Schools, Partners with Mayors Ed Lee and Libby Schaaf to Improve Computer Science Education

September 1, 2016 7:58 AM EDT

SAN FRANCISCO, Sept. 1, 2016 /PRNewswire/ -- Salesforce.org, the philanthropic arm of Salesforce (NYSE: CRM), today announced it will donate $8.5 million to public schools in San Francisco and Oakland. The funding is part of the fourth consecutive year of Salesforce.org's partnership with San Francisco Unified School District (SFUSD) and Mayor Ed Lee, as well as a new partnership with Oakland Unified School District (OUSD) and Mayor Libby Schaaf, to improve computer science education. In addition... More

Salesforce Announces Fiscal 2017 Second Quarter Results

August 31, 2016 4:05 PM EDT

SAN FRANCISCO, Aug. 31, 2016 /PRNewswire/ --  Salesforce (NYSE: CRM), the Customer Success Platform and world's #1 CRM company, today announced results for its second fiscal quarter ended July 31, 2016.

"Second quarter revenue grew 25% in dollars, and 26% in constant currency, propelling Salesforce past the $2 billion quarterly revenue milestone. No other enterprise software company of our size is growing at this pace," said Marc Benioff, chairman and CEO, Salesforce. "At Dreamforce, you're going to see the next generation of Salesforce when we unveil Salesforce Einstein, the... More