Salesforce Com Inc Stock Price, News & Analysis

MuleSoft's 2022 Connectivity Benchmark Report reveals that 70% of organizations struggle to deliver fully connected user experiences. With 72% of customer interactions now digital, businesses risk losing an average of $7 million if they fail to complete digital transformation initiatives. The report highlights that over half of organizations (55%) find it difficult to create integrated user experiences, and 90% cite data silos as a significant barrier. Despite challenges, 98% of organizations use APIs, with 40% reporting revenue growth attributed to API utilization.

MuleSoft has partnered with Holiday Inn Club Vacations to create a unified vacation booking system, enhancing member experiences. This integration addresses previous challenges by connecting disparate systems, enabling seamless communication, and simplifying vacation ownership purchases. Members can now easily manage bookings and receive timely notifications upon arrival at properties. The initiative aims to streamline customer support and improve operational efficiency, ensuring a stress-free planning process for families. Future innovations, including timeshare refinancing services, are also planned.

Salesforce (NYSE: CRM) will announce its fourth quarter and full fiscal year 2022 results on March 1, 2022, after market close. A conference call is scheduled for 2:00 p.m. PT / 5:00 p.m. ET to discuss the results with investors. Interested parties can access a live webcast and replay on the Salesforce Investor Relations website. As the global leader in CRM, Salesforce enables companies to digitally transform and build a comprehensive view of their customers.

Salesforce (NYSE: CRM) has introduced Safety Cloud, a platform designed to enable safe in-person gatherings. This initiative builds upon the company's previous health protocols and addresses businesses' needs for managing testing and health requirements during events. Key statistics indicate that a significant majority of employees prefer in-person interactions. Salesforce has tested this solution by reopening 84 offices and facilitating COVID-19 testing for various events, enhancing safety protocols. The platform integrates multiple testing options for efficient health verification.

On January 27, 2022, Salesforce released its Global Digital Skills Index, highlighting a significant digital skills gap among workers globally. Surveying over 23,000 employees across 19 countries, the report showed that 73% feel unprepared for current digital demands, while 76% lack confidence for future requirements. Despite 82% expressing intent to learn new skills, only 28% are actively pursuing training. The Index scored a mere 33 out of 100 in digital readiness, underscoring an urgent need for investment in skills development.

Salesforce (NYSE: CRM) announced on January 26, 2022, that it granted 53,846 restricted stock units (RSUs) to 55 employees from Narrative Science following its acquisition. The RSUs, a part of the 2014 Inducement Equity Incentive Plan, will vest over four years, with 25% vesting on the first anniversary and the remainder quarterly. Narrative Science specializes in data storytelling technologies, now integrated with Tableau, enhancing Salesforce's capabilities in data analysis and communication.

Salesforce, the leader in CRM, announced new innovations and partnerships to enhance the future of commerce. By 2023, 25% of shopping is predicted to occur outside traditional retail channels, prompting retailers to adapt. Key integrations include PayPal at Checkout for Salesforce Payments, enhancing checkout options, and Salesforce Commerce for B2B wholesale. Furthermore, Datorama and Tableau features are set to deliver personalized marketing insights, while Salesforce Social Commerce, in partnership with Alibaba, will support e-commerce in China.

Salesforce (NYSE: CRM) released its 2021 Holiday Shopping Report, revealing global online spending surpassed $1.14 trillion, with $257 billion in the U.S., marking increases from 2020. Key insights include early and late holiday purchasing, with 30% of sales by November 22. Digital payment methods surged, especially Buy Now, Pay Later, which rose by 40% YoY. Notably, luxury handbags saw a 45% increase in online sales. Salesforce facilitated over 283 million online orders, achieving 21% YoY growth in digital sales.

Salesforce (NYSE: CRM) will host two investor events on January 12, 2022. Stewart Butterfield, President & CEO of Slack, will present at the Wolfe Research Future of Work Virtual Bus Tour at 10:00 a.m. PT. Bill Patterson, EVP & GM of CRM Applications, will participate in the Jefferies Virtual Software Summit at 12:00 p.m. PT. Both events will be webcast live on Salesforce’s investor relations website, enabling investors to gain insights directly from top executives.