Salesforce Working on Blockchain Product, Says CEO Benioff

@Salesforce is working on a product based on blockchain technology, the cloud computing company's CEO has revealed. @MarcBenioff, who founded the company in 1999, revealed the news when speaking to @BusinessInsider's @JulieBort at the TrailheaDX Salesforce Developer Conference on March 28 (check out the video below). Benioff said he'd begun to hone in on #blockchain technology and cryptocurrency after an encounter at a hotel bar in Davos, Switzerland, in January. The World Economic Forum he was attending coincided with a cryptocurrency conference, and a conversation with one of that event's attendees led Benioff to consider the ways his company could integrate the technology. "I had been thinking a lot about what is Salesforce's strategy around blockchain, and what is Salesforce's strategies around cryptocurrencies and how we relate to all of these things," he said. After the Davos conversation, Benioff told Bort, he came to the realization:

https://www.google.com/amp/s/www.coindesk.com/salesforce-blockchain-product-ceo/amp/#ampshare=https://www.coindesk.com/salesforce-blockchain-product-ceo/

Dropbox IPO: Up to $8B valuation, private placement by Salesforce

@Dropbox (Pending:DBX) files an amended S-1 that sets a $16 to $18 per share price for the IPO, which puts the value between $7B and $7.9B. Dropbox was valued at $10B during its last private funding round, a roughly 20% downside to the IPO valuation. The range gives Dropbox a market cap around $6.7B. But the addition of restricted stock and options puts the fully diluted value higher than that market cap. @Salesforce Ventures (NYSE:CRM) agrees to purchase $100M of common stock in a private placement at a per share price equal to the IPO price.  Previously: Dropbox files for $500M IPO (Feb. 23) Previously: Dropbox and Salesforce deepen partnership (March 9)

https://www.google.com/amp/s/seekingalpha.com/amp/news/3338241-dropbox-ipo-8b-valuation-private-placement-salesforce

Benzinga's Insider Buys Of The Week: Dell Technologies, Salesforce, And More

@DellTechnologies Inc (NYSE: $DVMT) saw CEO @Michael Dell purchase almost 13,000 shares of this Texas-based computer maker at $33.17 apiece. That totaled more than $430,000. He also bought a batch of shares back in December, and his stake now is listed as more than 550,000 shares. Smart homes were a focus for Dell at the recent #CES2018. Its shares also rose to a new 52-week, high, $86.75, on Friday. The stock is also more than 5 percent higher year to date.

https://m.benzinga.com/article/11028625?utm_referrer=https%3A%2F%2Fwww.google.com%2F

Salesforce wants to reach $60 billion revenue goal by 2034

We all know that Salesforce sets big goals. It just recently blew through its $10 billion goal just a few years after CEO and co-founder Marc Benioff had set it, but the company has no intention of simply stopping there, not by a long shot. In a slide posted on Twitter today from CTO and co-founder Parker Harris’s presentation to a group of analysts, the company revealed that it has even bigger goals, much bigger. We all had heard about the $20 billion goal by 2022, but how about $40 billion by 2028 and $60 billion by 2034? As Salesforce sees it, their revenue goals are like the chapters in a book. As we enter 2018, the company is just beginning Chapter 3, the $20 billion goal. Beyond that Chapters 4 and 5 loom with the goal of adding $20 billion every six years.

https://www.google.com/amp/s/techcrunch.com/2018/01/04/salesforce-wants-to-be-a-60-billion-company-by-2034/amp/#ampshare=https://techcrunch.com/2018/01/04/salesforce-wants-to-be-a-60-billion-company-by-2034/

Amazon Web Services reportedly named its cloud database RedShift in order to tweak Oracle

@Oracle has been the loudest of the legacy enterprise tech vendors when it comes to attacking the leader of the new guard over the past few years, and @Amazon Web Services has definitely taken notice. The Information reported Tuesday that #AWS and @Salesforce are working on ways to use #opensource #database #technology to replace Oracle database software that has been running on both companies’ servers for a long time, ever since using Oracle was one of a limited series of options for building a web-scale cloud computing business at the turn of the last century. This isn’t all that surprising a development, given the animosity between the two cloud pioneers and Oracle and the trend toward open-source infrastructure projects in general, but Oracle investors worried about losing two cash cows sent the company’s stock down almost two percent on the report. A few details in the story, however, reveal how Oracle’s brash style and history of notorious sales tactics lit a competitive fire under the database teams at AWS and Salesforce. RedShift was apparently named very deliberately as a nod to Oracle’ trademark red branding, and Salesforce is calling its effort to move onto a new database “Sayonara,” according to anonymous sources quoted by The Information. Amazon Web Services CEO Andy Jassy showed off this cartoon tweaking Oracle CEO Larry Ellison during his keynote address at AWS re:Invent 2017. (GeekWire Photo / Tom Krazit) AWS and Oracle spent a decent portion of 2017 exchanging pot shots at each other over database performance, cost, reliability, and really anything else they could think of to get under each other’s skin. Part of that is because databases are one of the last major battlegrounds in the conflict between using on-premises software versus cloud software; databases are just really, really hard to move to the cloud, especially if they’ve been around for a long time. This has bought Oracle some time in shifting its customers to its own flavor of cloud-based databases, but AWS executives said multiple times last year that they’re seeing a lot of incoming business from Oracle customers looking for a new path. According to the report, AWS has been thinking about moving away from Oracle since at last December 2004, when a database-related outage took down Amazon.com for an extended period of time. That’s actually a good reminder of how difficult it can be to migrate legacy applications to cloud services; if it’s taken one of the most advanced tech infrastructure providers over a decade to do so (for its part, Salesforce hopes to complete its migration by 2023), you start to better understand why enterprise tech customers without that level of expertise choose to stay put

https://www.geekwire.com/2018/amazon-web-services-reportedly-named-cloud-database-redshift-order-tweak-oracle/

Google and Salesforce Just Signed a Big Cloud Partnership

@Google and @Salesforce just become better friends. The two tech giants said Monday that they had signed a deal in which the two companies would make their respective services work better with each other. Customers of Google’s G Suite-branded business software will be able to more easily use Salesforce’s (CRM, +0.29%) various sales-related tools with Google’s business services like its online word processing software and spreadsheets. Although businesses could previously use the two companies’ products with each other, Salesforce executive vice president of business partnerships Ryan Aytay pitched the partnership as providing a deeper level of integration. One such feature will let companies move customer data stored in Salesforce into Google’s data crunching service for marketers, Google Analytics, Aytay said during a press conference. Salesforce customers will also get a free year of Google’s (GOOG, +0.70%) G Suite service, Aytay added. He also said that Google is now a Salesforce “preferred cloud partner,” a title that the search giant also shares with Amazon Web Services. Salesforce’s preferred cloud partners sell Salesforce access to computing resources and infrastructure that Salesforce can use to build and improve its own software services. As part of the deal, Salesforce will now use Google’s overseas data centers when it wants to expand in other countries. Aytay said the deal with Google would not affect its deal with Amazon, and that Salesforce has a “great relationship with Amazon.” Under the deal, Google will pitch Salesforce’s software services to its own business customers. Likewise, Salesforce employees will use Google’s G Suite software. Technology analyst Rebecca Wettemann, of Nucleus Research, noted that the new deal seems similar to a Google-Salesforce partnership in 2008, when Google was pitching its older Google Apps business software. Google’s head of partnerships for its cloud business unit said the new deal is different, however, because of the amount of investment Google is now making in its burgeoning enterprise unit, which wasn’t the case nearly a decade ago. Wettemann remains skeptical of the partnership saying that in the business of cloud computing, people frequently “hear these ‘I love you announcements.’” “There’s a lot of speed dating in the cloud world,” Wettemann said about the frequency of partnership deals between big companies. For example, Salesforce partnered with IBM in March, and then last year, it also partnered with Amazon’s cloud computing unit. Still, the fact that Google seems more focused on attracting business clients than in the past is worth noting, Wettemann explained. This wasn’t the case in the past, she said, and often Google would suddenly make changes to its workplace software. Although the sudden software changes may not bother consumers, they do upset businesses. With Google more focused on landing business clients, she expects the company to be more responsive to business’ needs. “Google clearly wasn’t ready for business then,” Wettemann said.
http://fortune.com/2017/11/06/google-salesforce-cloud-software/

CLOUD-BASED DATABASE GLOBAL MARKET 2017- SALESFORCE, CASSANDRA, SAP, COUCHBASE, MONGODB AND TERADATA

Global Cloud-based Database Research Report serves as a comprehensive guide to provide the latest Cloud-based Database industry trends like the growth opportunities, Cloud-based Database market size, product launch events and market drivers. This report offers the competitive landscape study of Cloud-based Database based on key manufacturers, market presence in various regions and Cloud-based Database market revenue. Global Cloud-based Database market is foreseen to experience tremendous growth due to technological advancements and innovations in the Cloud-based Database product. All the relevant details like product type, Cloud-based Database manufacturing cost, market scope, Cloud-based Database applications are evaluated at depth in this report. This report presents the past, present and forecast Cloud-based Database market information like the market size, Cloud-based Database growth rate, emerging sectors, Cloud-based Database revenue and consumer volume. Analysis of Cloud-based Database market statistics, market competition, Cloud-based Database production capacity, and utilization ratio will be useful to all the Cloud-based Database market aspirants. Global Cloud-based Database report analyses provide the Cloud-based Database industry view based on company profile of key Cloud-based Database players, their sales revenue, Cloud-based Database business strategies and market gain. The Cloud-based Database industry is sited to see a dynamic growth due to changing consumer demand, Cloud-based Database import/export scenario and analysis of Cloud-based Database emerging segments. This report presents the vital company details in the form of graph and tables which will offer a comprehensive view of Cloud-based Database industry. The analysis of Cloud-based Database growth opportunities, region-based study, and Cloud-based Database investment feasibility study will lead to accumulation of revenue. All the Cloud-based Database marketing strategies, business tactics, and forecast Cloud-based Database market trends will help the readers in identifying the Cloud-based Database growth factors. Do Enquiry for Cloud-based Database report here: http://emarketresearch.us/global-cloud-based-database-market-2017-2022/#Inquiry-Before-Buying Global Cloud-based Database report is segmented as follows: Global Cloud-based Database Market segmentation based on regions: This portion elaborates the major Cloud-based Database producing regions like North America, Europe, Asia-Pacific, Latin America, Africa, and Middle-East regions. Furtherly, the key countries involved in Cloud-based Database industry like United States, Mexico, Israel, Japan, China, Canada, Korea, India, Germany, UK, France, Russia, Italy, and Southeastern countries are covered. Global Cloud-based Database Market segmentation based on Manufacturers: This portion evaluates the Cloud-based Database market based on top manufacturers, their company details, sales volume, region, supply/demand scenario and Cloud-based Database development trends. Leading #Cloud -based #Database players are @Salesforce, @Cassandra, @IBM, @Google, @Alibaba, @MongoDB, @Rackspace Hosting, @Oracle, @AmazonWebServices, @Microsoft, @Tencent, @SAP, @Teradata and @Couchbase. Global Cloud-based Database Market segmentation based on product type: This portion cuts Cloud-based Database market into #NoSQL Database and #SQL Database. Also, lists all the Cloud-based Database product types based on classification, description, definiton, Cloud-based Database product scope, and consumer demand. Cloud-based Database Market segmentation based on product application: This portion divides Cloud-based Database market into Large Enterprises and Small and Medium Business. Wide-spread product applications can be attributed to the technological advancement and innovations taking place in Cloud-based Database sector.

http://publicistreport.com/technology-and-media/cloud-based-database-global-market-2017-salesforce-cassandra-sap-couchbase-mongodb-teradata.html

Salesforce Ventures launches $50M fund to encourage AI development on Salesforce platform

#Salesforce #Einstein, the #AI toolset for #Salesforce.com, turned one today and to celebrate Salesforce Ventures announced a $50 million fund to encourage startups to build AI-fueled applications on top of Salesforce. Over the years many successful companies have been built on top of Salesforce including FinancialForce.com, Apttus and Veeva. The purpose of this fund is to coax a new generation of companies to build their own applications while taking advantage of the intelligence that Einstein APIs can give them. “The goal of the Salesforce AI Fund is to accelerate the development of transformative AI solutions on Salesforce,” Matt Garratt, VP at Salesforce Ventures told TechCrunch. “There is an incredible opportunity for companies and entrepreneurs to create next-generation AI solutions and our goal is to fuel that opportunity,” he added. The company is already seeing more than 7,000 developers building AI apps with Einstein, and they hope to prime the pump further by investing in some of the better ideas. While $50 million might not seem like a huge amount of money in venture capital terms (although it is to most of us), Garratt says the intent is to be a secondary investor, writing many smaller checks, rather than several huge ones. What’s more, he says they are viewing this as an initial commitment to AI, and they’ll see where it goes and if it warrants additional investment. When it comes to what they look for in a company, Garratt says they are primarily trying to be sure there is strategic alignment between Salesforce and the start-up with the goal of extending Salesforce in some way. The startup gets more than a check. It also gets access to the massive Salesforce customer base (and in some cases the Salesforce worldwide marketing and sales team). The first three companies being funded include AI start-ups Highspot, Squirro and TalkIQ along with All Turtles, an AI startup studio that works with young companies trying to build AI-centric products.

https://techcrunch.com/2017/09/19/salesforce-ventures-launches-50-m-fund-to-encourage-ai-development-on-salesforce-platform/

Getting SaaS-y: Oracle rolls out software suite enhancements for cloud era

Dive Brief: Oracle is rolling out a series of enhancements to its cloud applications suite, updating products for supply chain, customer experience, ERP and human capital management cloud products, the company announced Wednesday. The company is focused on making its products useful for companies of all sizes, not just focusing on the enterprise for sales. But, by making application suites available in the cloud, Oracle products can appeal to SMBs, according to Liam Nolan, VP of cloud applications development at Oracle, who spoke with ZDNet in an interview. Using SaaS and PaaS offerings, Nolan said people are adopting Oracle services at a greater rate, configuring and building their own solutions on top of Oracle offerings, ZDNet reports. Dive Insight: Oracle was one of the latecomers to the cloud era, and is now working to compete in a rapidly maturing market. The company has had to boost its cloud infrastructure offerings at the same time it developed its software suite for the cloud era. Oracle's NetSuite acquisition was a big help in maturing the company's software suite, which was completed in November for $9.3 billion. NetSuite is one of the original cloud software companies, which helped boost Oracle's product portfolio and market share practically overnight. Now #Oracle has to convince business customers that its software is what they need, competing against software rivals like #Salesforce, #Workday and #SAP. Oracle's #SaaS may be the expansion it needed after its #NetSuite acquisition as its now in the cloud #IaaS and SaaS domain, taking on the likes of #AWS and #Microsoft.

http://www.ciodive.com/news/getting-saas-y-oracle-rolls-out-software-suite-enhancements-for-cloud-era/448548/

Marc Benioff Touts Amazon as Salesforce’s New Best Friend

Amid all the talk on #Salesforce 's first quarter earnings call Thursday about huge sales deals with "iconic" customers like fashion design firms Diane Von Furstenburg and Ralph Lauren, Salesforce CEO Marc Benioff—once again—touted his devotion to #AmazonWebServices . In response to a question about a year-old partnership between the two companies, Benioff replied: "At #Salesforce, we really strongly believe that the enemy of my enemy is my friend, and I think that makes Amazon Web Services our best friend." Related: #Salesforce and #Amazon Get Chummy As to who those enemies are, Benioff did not specify at that moment. But at other points on the call, there were cracks about #Microsoft (MSFT, -0.03%), #SAP (SAP, +1.11%), and #Oracle (ORCL, +0.20%)—a huge competitor and partner to Salesforce, which runs much of its business on Oracle databases. Salesforce competes with all of those companies to sell sales and marketing software to businesses.

http://fortune.com/2017/05/19/salesforce-amazon-benioff/

Dell Boomi Introduces No Code Integration Accelerator for NetSuite to Salesforce

ROUND ROCK, Texas, April 25, 2017 /PRNewswire/ --#Dell #Boomi (Boomi) announced availability of a new, pre-built Boomi Integration Accelerator for #NetSuite to #Salesforce to quickly and simply configure the necessary connections between Salesforce CRM and NetSuite ERP. Sales or finance citizen integrators as well as integration developers can enter Salesforce and NetSuite credentials and activate Boomi's pre-defined data mappings to automate the order-to-cash process for an organization. With the Boomi Integration Accelerator organizations drastically reduce implementation times over traditional integration. "Organizations today need to get integrations up and running quickly. The speed of implementation with this solution adds immediate value to the business," said Chris McNabb, CEO of Boomi.� "Boomi Accelerators help organizations be more competitive and make their digital business run even better."

http://www.itbusinessnet.com/article/Dell-Boomi-Introduces-No-Code-Integration-Accelerator-for-NetSuite-to-Salesforce-4925126