#SalesforceIsAFad. Are you kidding me? Absolutely not!

A cliff notes version on some of the highlights:

– Quarterly Revenue of $732 Million, up 34% Year-Over-Year
– Quarterly Operating Cash Flow of $136 Million, up 64% Year-Over-Year
– Deferred Revenue of $1.34 Billion, up 43% Year-Over-Year
– Unbilled Deferred Revenue Increases to Approximately $2.8 Billion
– Raises FY13 Revenue Guidance to $3.025 – $3.035 Billion

  • “Our second quarter revenue growth was outstanding at 34% in dollars and 37% in constant currency,” said Marc Benioff, Chairman and CEO, salesforce.com. “Salesforce.com’s social enterprise strategy is enabling companies to connect with customers, partners, and employees in completely new ways – and it’s creating new opportunities for their growth and ours.”
  • Full Year FY13 Guidance: Revenue for the company’s full fiscal year 2013 is projected to be in the range of $3.025 billion to $3.035 billion, an increase of 33% to 34% year-over-year.

Web link to the full article is here:  http://finance.yahoo.com/news/salesforce-com-announces-fiscal-2013-200500409.html

 

This web site was founded on the premise that many folks dismissed the cloud as “a fad”, or not viable for “real” business.  This really irks me, seriously!

So, therefore, I created some materials and entitled the series of graphics “Crossing the Chasm — Reinventing your business in the clouds”.  I have been personally extremely impressed how Amazon and Salesforce have, and again are in the mist of reinventing their businesses.  Both AMZN and CRM are not leaving their leadership positions in their respective markets but they truly have a vision of continuing to grow their organizations and mobile, social, platform and especially, cloud, are all key components to this strategy.

To me breaking down the strategies shows that there are quite similar steps in innovation that enables these companies to address new markets.

What are your thoughts?  Is my head in the clouds or is this logical?  I value any and all feedback on this or any other topic.

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