Salesforce Com Inc Stock Price, News & Analysis

Salesforce (NYSE: CRM) announced that its second quarter fiscal year 2022 results will be released on August 25, 2021, after market close. A conference call will follow at 2:00 p.m. PT / 5:00 p.m. ET to discuss financial results with investors. The event will be available via live webcast on the Salesforce Investor Relations website. Salesforce continues to lead in CRM, helping companies digitally transform and enhance customer relationships.

MuleSoft's latest report reveals that 70% of automation initiatives are hindered by security concerns and data silos. Despite these challenges, 87% of IT and business leaders indicate improved alignment over the past year, resulting in enhanced collaboration (64%), operational efficiency (58%), and customer experience (54%). The study, based on a survey of 2,400 decision makers, emphasizes the need for IT and business teams to collaborate to drive faster innovation and addresses the growing importance of automation in achieving business agility amidst today's digital demands.

Salesforce (NYSE: CRM) has successfully acquired Slack Technologies, marking a significant milestone to shape the future of enterprise software. This strategic move aims to integrate Salesforce's Customer 360 with Slack's platform, creating a centralized digital headquarters for businesses. The merger is expected to enhance operational efficiency and collaboration, enabling companies to adapt to a digital-first work environment. With Slack continuing to operate under its brand and leadership, the acquisition promises to better serve clients worldwide.

Salesforce (NYSE: CRM) introduced Advertising Sales Management for Media Cloud, a new application designed for publishers to streamline cross-channel advertising sales. This platform integrates campaign planning, client reporting, and optimization, aiding publishers in maximizing revenue. Key features include a unified interface to manage campaigns across various media formats, automated processes to reduce data entry errors, and real-time performance analytics. Early adopter Sony Pictures Networks India aims to modernize its systems using this tool, enhancing its advertising capabilities.

Salesforce (NYSE: CRM) has announced the pricing of an $8 billion public offering of senior notes, which includes various maturities from 2024 to 2061. The offering comprises $1 billion due 2024, $1 billion due 2028, $1.5 billion due 2031, $1.25 billion due 2041, $2 billion due 2051, and $1.25 billion due 2061, with interest rates ranging from 0.625% to 3.050%. Proceeds will primarily fund the cash portion of the acquisition of Slack Technologies and finance green projects. The offering is set to close on July 12, 2021.

Tableau, a leading analytics platform, has integrated AI with new augmented analytics features aimed at enhancing data accessibility for users of all skill levels. Key updates include the launch of Ask Data and Explain Data, which allow users to pose questions in natural language and receive insightful explanations of data trends. Additional features enhance collaboration and streamline the connection between Tableau and Salesforce. This release seeks to bridge the data skills gap and promote a data-driven culture within organizations.

Tableau, the leading analytics platform (NYSE: CRM), has completed its redesigned Tableau Partner Network (TPN), offering enhanced benefits to its customers and partners. The revamped program features a new tiering system for partners categorized into Reseller, Services, and Technology tracks across Premier, Select, and Member levels. This structure aims to improve customer experience by ensuring partners meet performance-based criteria locally. TPN, launched in September 2020, now includes over 1,200 partners, promoting better alignment between Tableau's partners and customer needs.

Salesforce has established a Global Advisory Board to enhance its strategic guidance and foster growth in new markets. This initiative aims to strengthen Salesforce's position as a trusted advisor in digital transformation, especially amidst evolving customer expectations. The board features renowned leaders from various industries, tasked with providing insights to accelerate customer success. Additionally, Salesforce previously formed an EMEA Advisory Board to support its expansion strategy in Europe, the Middle East, and Africa.