Salesforce Inc. stands as the world's largest provider of cloud-based customer relationship management services, using its SaaS platforms to enhance connections between companies and their customers globally.
From fiscal 2014 to fiscal 2024, Salesforce achieved a remarkable 24% CAGR in revenue, significantly bolstered by strategic acquisitions like Demandware and Tableau, which enriched its ecosystem.
Despite being a pioneer in the CRM and SaaS sectors, Salesforce faces stiff competition from established players like Microsoft Dynamics 365, Oracle's NetSuite, and others in the market.
Salesforce's net income grew at an impressive 44% CAGR from 2017 to 2024, indicating both robust growth and a strong market position.
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