Welcome to our dedicated page for Salesforce Com news (Ticker: CRM), a resource for investors and traders seeking the latest updates and insights on Salesforce Com stock.
News about Salesforce, Inc. (NYSE: CRM) focuses on its activities as an AI-powered enterprise cloud and CRM provider, along with its role in helping organizations become what it calls Agentic Enterprises. Company announcements highlight new AI agents, platform enhancements, customer deployments, acquisitions, and capital allocation decisions that shape how Salesforce technology is used across industries.
Recent releases describe the general availability of a reimagined Slackbot as a personal agent for work inside Slack, designed to use conversational and customer context to help people find information, organize work, create content, and orchestrate workflows. Other news covers deployments of Agentforce 360 and Data 360 at institutions such as DeVry University, where AI agents support adult learners with 24/7 assistance, streamlined enrollment, and personalized guidance.
Salesforce news also details how public sector and life sciences organizations use its platforms. The U.S. Department of Transportation is reported to be expanding its use of Salesforce and Agentforce to modernize complaint management, safety inspections, interstate data sharing, and federal grantmaking. In life sciences, companies such as Novartis and AstraZeneca are described as selecting Agentforce Life Sciences to unify healthcare professional engagement and customer interactions using AI and data harmonization.
In addition, Salesforce publishes Cyber Week commerce data based on aggregated activity across digital storefronts powered by Agentforce Commerce, emphasizing the role of AI and agents in influencing sales and handling customer service interactions. Investors and observers can also find updates on dividends, acquisitions such as the completion of the Informatica transaction, and other corporate developments. This news feed provides an ongoing view into how Salesforce’s AI, data, and cloud capabilities are being adopted and expanded across sectors.
RingCentral, Inc. (NYSE: RNG) has launched new cloud capabilities aimed at reducing administrative burdens and enhancing operational efficiencies for businesses. These innovations, including enhanced integrations with Salesforce and HubSpot, allow sales teams to automate tasks and streamline workflows. Key features include SMS capabilities and advanced phone functionalities for IT management. Customers in the US and Canada can leverage these updates to improve communication and save costs.
Viant Technology Inc. (NASDAQ: DSP) has been recognized as a Leader in the G2 Grid® Report for Demand Side Platform (DSP) for Summer 2022. This accolade is based on user ratings and overall market presence. Viant's software, Adelphic, received a 95% feature rating, while 91% of users praised its quality of support. The CEO, Tim Vanderhook, expressed gratitude for user recognition, highlighting the firm's commitment to efficiency in advertising. G2 serves over 60 million users annually, ranking Adelphic among prominent software solutions.
Rimini Street, Inc. (Nasdaq: RMNI) has launched Rimini Protect™, a proactive security solution designed for Oracle and SAP environments, offering 24/7 protection. This suite addresses vulnerabilities effectively and is positioned against traditional vendor patching, which may be slow and inadequate. In 2021, there were 623 million ransomware attacks, emphasizing the need for robust security solutions. Rimini Protect enhances traditional methods by providing comprehensive security layers for application and database protection, leveraging its global expertise in cybersecurity.
Informatica reported a strong performance for Q2 2022, with total revenues rising 9% year-over-year to $372 million. The annual recurring revenue (ARR) increased 31% to $896 million, while cloud ARR surged 42% to $373 million. Subscription revenue rose 24% to $207 million. The firm aims for $1 billion in subscription ARR by year-end. Operating loss was $12.1 million, but non-GAAP operating income was $69.9 million. The company anticipates continued growth, albeit with estimated foreign exchange impacts.
EngageSmart's DonorDrive has been awarded Salesforce.org’s 2022 Nonprofit Product Partner of the Year for the Americas, recognized for its innovative digital fundraising platform. The award, presented on June 1, 2022, highlights the successful collaboration between DonorDrive and Salesforce.org that enhances fundraising efficiency for nonprofits. Notable features include data synchronization and integration capabilities with Salesforce, enabling nonprofits to effectively manage stakeholder relationships and fundraising data.
Salesforce (NYSE: CRM) has been recognized by Gartner as a Leader in its 2022 Magic Quadrant for Multichannel Marketing Hubs. This marks the fifth consecutive year Salesforce has achieved this distinction. The recognition highlights the capabilities of Salesforce Marketing Cloud in providing personalized customer experiences across multiple channels. The platform enables marketers to utilize data management, analytics, and real-time campaign creation to optimize customer engagement.
8x8, Inc. (NYSE: EGHT) has partnered with National Express, the UK’s largest scheduled coach operator, to implement its XCaaS™ integrated cloud communications solution. This collaboration aims to enhance customer experience and employee productivity, particularly for the 80% of contact center agents working remotely. The platform includes secure payment options, ensuring customer privacy, and integrates seamlessly with Salesforce. The partnership reflects a growing demand for adaptable communication solutions in the post-pandemic landscape, catering to changing consumer needs.
Getlink reported a strong performance in H1 2022, achieving €577 million in revenue, a 76% increase year-on-year. EBITDA rose to €309 million (+206%). The Eurotunnel segment drove growth with €474 million in revenue (+81%), while ElecLink generated €35 million in its initial weeks. Cash on hand was €597 million. However, operating expenses increased by €37 million, and finance costs rose €62 million due to inflation. CEO Yann Leriche expressed optimism but highlighted geopolitical uncertainties necessitating caution.
Rimini Street (NASDAQ: RMNI) announced that the Manukau Institute of Technology (MIT) has switched to its support services for Oracle applications. This transition allows MIT to avoid mandatory upgrades for its current Oracle software, ensuring enhanced support without disruptions for 5-15 years. MIT relies on critical Oracle applications for finance and student management, facing end-of-life support issues. Rimini Street's comprehensive support model includes 10-minute response times and dedicated engineers, facilitating MIT's IT roadmap flexibility.
Rimini Street, Inc. (Nasdaq: RMNI), a global provider of enterprise software support, will report its earnings on August 3, 2022, after market close. A conference call to discuss the second quarter results and future outlook will follow at 5:00 p.m. Eastern. The company specializes in third-party support for Oracle and SAP software, claiming to help organizations save costs and enhance innovation. Nearly 4,700 clients, including Fortune 500 firms, rely on Rimini for application management services. For live updates, the webcast will be accessible on their Investor Relations site.