Salesforce Com Inc Stock Price, News & Analysis

Salesforce (NYSE: CRM) announced significant enhancements to its Flow automation suite at TrailblazerDX on April 27, 2022. The updates aim to streamline business processes for automation across various Salesforce platforms, including Slack and Tableau. Key statistics reveal that customers save 109 billion hours monthly and have automated 1.3 trillion processes, translating to $2.19 trillion in business value. New features include improved integration capabilities and low-code testing, empowering users to engage more effectively with customers and enhance productivity.

Nextech AR Solutions Corp. (OTCQB: NEXCF) announces that CEO Evan Gappelberg will present at ESCP Business School on April 27, discussing 'The Metaverse - The Future of Business.' He aims to highlight digital transformation and innovation's impact on business in the metaverse, alongside industry leaders like Google and Salesforce. Gappelberg emphasizes the importance of 3D Augmented Reality and Nextech's solutions such as ARitize 3D, CAD, and Maps, projecting the metaverse as the next trillion-dollar opportunity.

Salesforce (NYSE: CRM) announced the granting of 25,251 restricted stock units (RSUs) to 58 employees of Atonit, a Brazilian e-Commerce technology company acquired by Salesforce. These equity awards are part of Salesforce's 2014 Inducement Equity Incentive Plan and are set to vest over four years. The first 25% will vest after one year, with the remainder vesting quarterly. Atonit enhances Salesforce’s offerings by providing marketplace management solutions tailored for new and growing businesses.

Schwab Advisor Services announces a new integration with Salesforce Financial Services Cloud, enhancing tools for registered investment advisors (RIAs). Scheduled to launch in Q2, the integration will replace an existing app, enabling advisors to initiate digital onboarding, access real-time data on client accounts, and receive alerts from Schwab Advisor Center. This move aims to improve the client experience and operational efficiencies for advisors using the Schwab platform, responding to requests from independent advisors for better tech solutions.

Convoy has successfully raised $260 million in funding, elevating its valuation to $3.8 billion. The raise includes a $160 million Series E preferred equity round led by Baillie Gifford and a $100 million venture-debt investment from Hercules Capital (HTGC). Additionally, Convoy secured a $150 million line of credit from J.P. Morgan. This capital will support the development of technologies designed to enhance efficiency in the rapidly growing $800 billion trucking industry, amidst rising customer demand.

Rimini Street, Inc. (NASDAQ: RMNI), a global leader in enterprise software support services, will announce its Q1 2022 earnings on May 4, 2022, after market close. The company will hold a conference call at 5:00 p.m. Eastern to discuss the results and future outlook. Rimini Street has served over 4,400 organizations, including Fortune 500 companies, providing enhanced support for Oracle and SAP products while enabling cost savings and innovation.

Box, Inc. (NYSE: BOX) showcased significant enhancements at the Content Cloud Summit, including the new Box App Center, which integrates over 1500 applications. Key features include updates to Box Sign for streamlined e-signatures and improved security capabilities with Box Shield. The Box for Zoom integration simplifies file sharing and collaboration. Content Insights allows users to analyze content usage, while new automation in Box Relay enhances workflow efficiency. These updates target improved productivity and security for enterprises, aligning with evolving remote work needs.

The 2022 ISG Provider Lens™ report highlights the growing need for Salesforce service providers in Germany as demand surges due to pandemic-driven digital transformation. While Salesforce adoption accelerates and implementation services are in high demand, the market has not yet consolidated as seen in the U.S.. Service providers face challenges in recruiting qualified staff, though many are responding by hiring and training. The report evaluates 35 providers, naming leaders in various quadrants, including Reply as a leader in four areas.

Getlink (PARIS:GET) has partnered with Salesforce (NEO:CRM) to enhance its digital transformation and customer engagement strategy. The collaboration will leverage Salesforce Marketing Cloud to improve services and create superior travel experiences for customers. Eurotunnel Le Shuttle aims to enhance passenger experience through digital solutions, including a personalized approach across multiple channels. This partnership is expected to better serve customers and drive loyalty, particularly in the travel, automotive, and lifestyle sectors.