NYSE:CRM

Salesforce Announces First Quarter Fiscal 2025 Results

Retrieved on: 
Wednesday, May 29, 2024

For additional information regarding non-GAAP financial measures see the reconciliation of results and related explanations below.

Key Points: 
  • For additional information regarding non-GAAP financial measures see the reconciliation of results and related explanations below.
  • Three times a year Salesforce delivers new product releases, services, or enhancements to current products and services.
  • Salesforce plans to host a conference call at 2:00 p.m. (PT) / 5:00 p.m. (ET) to discuss its financial results with the investment community.
  • A live webcast and replay details of the event will be available on the Salesforce Investor Relations website at www.salesforce.com/investor .

 Salesforce Unveils New Einstein 1 Marketing and Commerce Innovations to Power the Complete Customer Journey with Unified Data and Trusted AI

Retrieved on: 
Wednesday, May 22, 2024

“Marketing and commerce leaders need a trusted advisor to help them tap into the promise of generative AI,” said Ariel Kelman, President and CMO of Salesforce.

Key Points: 
  • “Marketing and commerce leaders need a trusted advisor to help them tap into the promise of generative AI,” said Ariel Kelman, President and CMO of Salesforce.
  • “With the Einstein 1 Platform we’re giving organizations the power to unify all of their data on one trusted platform.
  • Yet, they still struggle to connect the right data and touch points to fully utilize AI and bring personalization into every customer engagement.
  • Data Cloud for Commerce will be generally available in summer 2024 for B2B commerce customers and fall 2024 for B2C commerce customers.

NTT DATA to Provide Digital Transformation Services for Salesforce

Retrieved on: 
Monday, May 13, 2024

NTT DATA , a digital business and IT services leader, has been selected by Salesforce, the #1 AI CRM, to help standardize and streamline the company’s application environment.

Key Points: 
  • NTT DATA , a digital business and IT services leader, has been selected by Salesforce, the #1 AI CRM, to help standardize and streamline the company’s application environment.
  • NTT DATA will support the management and development of applications across Salesforce’s organization, including its internal instance of Salesforce.
  • With the acquisition of Apisero in 2022, NTT DATA expanded its Salesforce and MuleSoft digital talent ecosystem globally.
  • For more information about NTT DATA’s application management and digital services, visit: https://us.nttdata.com/en/services/application-management
    [1] Gartner, Market Share Analysis: Application Implementation and Managed Services, Worldwide, 2022, 23 June 2023.

Salesforce Announces Timing of its First Quarter Fiscal 2025 Results Conference Call

Retrieved on: 
Wednesday, May 8, 2024

Salesforce (NYSE: CRM), the global leader in CRM, today announced that its first quarter fiscal year 2025 results will be released on Wednesday, May 29, 2024, after the close of the market.

Key Points: 
  • Salesforce (NYSE: CRM), the global leader in CRM, today announced that its first quarter fiscal year 2025 results will be released on Wednesday, May 29, 2024, after the close of the market.
  • The company will host a conference call at 2:00 p.m. (PT) / 5:00 p.m. (ET) to discuss its financial results with the investment community.
  • A live webcast and replay of the event will be available on the Salesforce Investor Relations website at www.salesforce.com/investor .

Inclusively and Salesforce Expand Partnership to Deepen Accessibility Resources and Support

Retrieved on: 
Tuesday, May 7, 2024

Inclusively, a leading workforce inclusion platform and Salesforce, the #1 AI CRM, expanded their partnership today to deepen Salesforce’s accessibility resources and support.

Key Points: 
  • Inclusively, a leading workforce inclusion platform and Salesforce, the #1 AI CRM, expanded their partnership today to deepen Salesforce’s accessibility resources and support.
  • The collaboration will include an AI-enabled interface that will help Salesforce employees easily and confidentially find benefits to help them best show up in the workplace.
  • “We believe the workplace should be a place where everyone can thrive,” said Catherine Nichols, VP of the Office of Accessibility at Salesforce.
  • “Salesforce has always been a leader in inclusive workplace strategies,” said Charlotte Dales, CEO and Co-Founder of Inclusively.

National College and Career Pathways Initiative Launch Expands to 14 States with a New Investment from Salesforce

Retrieved on: 
Wednesday, May 8, 2024

SILVER SPRING, Md., May 8, 2024 /PRNewswire/ -- Advance CTE, Education Strategy Group (ESG), ExcelinEd, Jobs for the Future (JFF), and New America are excited to announce the expansion of Launch: Equitable & Accelerated Pathways for All with the addition of three teams from Maryland, Massachusetts, and Virginia thanks to the generous support of a new initiative funder, Salesforce. The new investment will also help extend Launch into a third year, through fall 2025.

Key Points: 
  • "Salesforce is excited to be part of building more pathways to success for students, especially those furthest from success," said Emily Anthony, Senior Director, Philanthropy, Salesforce.
  • "The Launch initiative showcases the power of partnerships - between K-12 and higher education institutions, between the education sector and industry, and between business and government.
  • Cross-sector partnership and collaboration have been at the core of Launch initiative activities and efforts over the last year.
  • The purpose of Launch is to build the capacity of state and local sites to lead equitable, sustainable systems for career pathways.

Salesforce Unveils Zero Copy Partner Network, an Ecosystem Committed to Secure, Bidirectional Zero Copy Integration with Salesforce Data Cloud

Retrieved on: 
Thursday, April 25, 2024

Salesforce (NYSE: CRM) today announced the Salesforce Zero Copy Partner Network, a global ecosystem of technology and solution providers building secure, bidirectional zero copy integrations with Salesforce Data Cloud so that data can be actioned across the Salesforce Einstein 1 Platform .

Key Points: 
  • Salesforce (NYSE: CRM) today announced the Salesforce Zero Copy Partner Network, a global ecosystem of technology and solution providers building secure, bidirectional zero copy integrations with Salesforce Data Cloud so that data can be actioned across the Salesforce Einstein 1 Platform .
  • Salesforce previously introduced the concept of zero copy bidirectional integrations with Data Cloud via partnerships with Amazon Redshift , Databricks , Google Cloud’s BigQuery , and Snowflake .
  • Salesforce and Microsoft are jointly working to give customers the ability to access their critical business data in Azure Synapse and bidirectional zero copy data access with Microsoft Fabric and Salesforce Data Cloud.
  • Data Kits enable ISVs to distribute their high-value datasets to Data Cloud customers and land that data in Data Cloud pre-mapped into the Data Cloud customer data model, with no transformations required.

IHG Hotels & Resorts Aims to Boost Guest Loyalty with Salesforce

Retrieved on: 
Monday, April 22, 2024

Today, Salesforce (NYSE: CRM), the #1 AI CRM, announced an expanded relationship with IHG Hotels & Resorts (NYSE: IHG, LON: IHG), one of the world’s leading hotel companies with more than 6,000 hotels across 19 global brands, to drive guest loyalty through its IHG One Rewards program and unlock efficiencies, deeper personalization, and faster innovation.

Key Points: 
  • Today, Salesforce (NYSE: CRM), the #1 AI CRM, announced an expanded relationship with IHG Hotels & Resorts (NYSE: IHG, LON: IHG), one of the world’s leading hotel companies with more than 6,000 hotels across 19 global brands, to drive guest loyalty through its IHG One Rewards program and unlock efficiencies, deeper personalization, and faster innovation.
  • With Salesforce and other technology partners, IHG is laying the foundation to use generative AI to help guests manage their stays more effectively.
  • Transforming the approach to guest loyalty: With Service Cloud, IHG Hotels & Resorts will be able to tap into a 360-degree view of their guests, offering more tailored customer service and delivering more accurate, faster resolutions to guest inquiries.
  • Marketing Cloud also helps IHG Hotels & Resorts more effectively reach customers through channels they prefer, whether email, SMS, or push notifications.

Global Human Capital Management (HCM) Market Expected to Reach $63.14 Billion By 2032

Retrieved on: 
Tuesday, April 2, 2024

Human Capital Management (HCM) is a collection of HR systems, tools, and practices used to recruit, attract, develop, train, retain, and manage employees to achieve business goals.

Key Points: 
  • Human Capital Management (HCM) is a collection of HR systems, tools, and practices used to recruit, attract, develop, train, retain, and manage employees to achieve business goals.
  • The market growth is expected to be driven by the demand for people and performance management solutions.
  • A report from Fortune Business Insights projected that the global Human Capital Management (HCM) market size, which was valued at USD 28.86 billion in 2023 is projected to grow from USD 31.34 billion in 2024 to USD 63.14 billion by 2032, exhibiting a CAGR of 9.1% during the forecast period.
  • Many businesses are transitioning from traditional human capital management systems to cloud-based solutions to save on infrastructure and maintenance expenses.

Salesforce Grants Equity Awards to Spiff Employees Under Its Inducement Equity Incentive Plan

Retrieved on: 
Friday, March 22, 2024

Salesforce (NYSE: CRM), the #1 AI CRM, today announced it has granted equity awards under its 2014 Inducement Equity Incentive Plan (the "Plan") to new employees who joined Salesforce in connection with the acquisition of Spiff.

Key Points: 
  • Salesforce (NYSE: CRM), the #1 AI CRM, today announced it has granted equity awards under its 2014 Inducement Equity Incentive Plan (the "Plan") to new employees who joined Salesforce in connection with the acquisition of Spiff.
  • The Plan was adopted by the Salesforce Board of Directors in July 2014, in accordance with New York Stock Exchange Rule 303A.08.
  • Through the Plan, Salesforce granted a total of 117,029 restricted stock units ("RSUs") to 107 Spiff employees.
  • Each of the employees who received an equity award is a non-executive officer.