Salesforce Inc., the world's largest provider of cloud-based customer relationship management services, has dramatically grown its revenue, achieving a 24% CAGR from fiscal 2014 to 2024.
The company's strategic acquisitions, including Demandware and Slack, complemented its offerings and fueled extraordinary growth, broadening Salesforce's reach in the CRM ecosystem.
Despite early dominance in the CRM market, Salesforce now faces increasing competition from established players like Microsoft, Oracle, and SAP, along with startups.
Salesforce's announcement of a $10 billion stock buyback and its first-ever dividend in 2024 highlights a significant turnaround and growth in net income since going profitable in 2017.
Collection
[
|
...
]