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.
Salesforce (NYSE: CRM) announced new technologies to enhance virtual selling during the COVID-19 pandemic. The updates include Salesforce Meetings, a meeting management system, and Einstein Video Call Coaching, which provides AI insights from video calls. Additional tools like the Salesforce Maps Field Safety Kit help navigate COVID-19 impacts on customer interactions. These innovations aim to boost sales rep productivity and improve customer experiences. The new features are expected to roll out in early 2021, adapting to the changing B2B sales landscape.
Salesforce (NYSE: CRM) announces that Mark Hawkins, President & CFO, will join the Mizuho Virtual Software Tour on September 22, 2020 at 8:00 a.m. PT / 11:00 a.m. ET. A live webcast of the event will be available on the company's investor page. Salesforce, the leader in Customer Relationship Management, helps businesses connect better with their customers using various technologies. For more details, visit salesforce.com.
Salesforce (NYSE: CRM) announced its executives will take part in key investor events on September 14 and 15, 2020. Doug Camplejohn, EVP & GM of Sales Cloud, will present at the Deutsche Bank Virtual Technology Conference on September 14 at 10:40 a.m. PT, while Mark Hawkins, President & CFO, will speak at the Jefferies Virtual Software Conference on September 15 at 7:00 a.m. PT. Webcasts for these presentations will be accessible on Salesforce's investor website.
Salesforce (NYSE: CRM) announced its executives will participate in several upcoming investor events. On September 1, David Schmaier, CEO of Salesforce Industries, will join RBC Capital's Virtual Technology Tour at 1:00 PM PT. On September 4, Adam Blitzer, EVP & GM, Digital, will take part in a fireside chat hosted by Truist Securities at 10:00 AM PT. Finally, on September 8, Bill Patterson, EVP & GM, CRM Applications, will also join a fireside chat at Citi's 2020 Global Technology Virtual Conference at 1:15 PM PT. Webcasts will be available on Salesforce's investor website.
Salesforce (NYSE: CRM) announced the launch of the Naloxone Virtual Dispensary by the Nevada Department of Health and Human Services to combat the opioid crisis. This application tracks naloxone supply and enables efficient management of federally appropriated funds. Since its deployment, over 11,861 naloxone kits have been dispensed, along with 4,942 kits to first responders and 856 overdose reversals reported. The initiative aims to improve community health amidst rising opioid overdose rates exacerbated by the COVID-19 pandemic.
Salesforce (NYSE: CRM) has been recognized as a Leader in Gartner's 2020 Magic Quadrant for Digital Commerce for the fifth consecutive year. This recognition highlights Salesforce’s ability to execute and its completeness of vision in the digital commerce space. The Salesforce Commerce Cloud supports over two billion shoppers monthly, providing a comprehensive platform for businesses to enhance customer experiences across multiple channels. The emphasis on digital transformation is paramount as companies seek scalable commerce solutions to meet rapidly evolving consumer demands.
Salesforce (NYSE: CRM) announced the granting of equity awards to 703 employees of Vlocity, Inc. as part of its 2014 Inducement Equity Incentive Plan. A total of 363,731 restricted stock units (RSUs) and 88,463 stock options were distributed. The RSUs vest over four years, with 25% vesting on the first anniversary. The stock options also vest over four years, with 25% vesting on the first anniversary, followed by monthly vesting. This initiative aims to enhance Salesforce's industry capabilities and provide further tools for customer digital transformation.
Salesforce reported strong fiscal Q2 results for the period ending July 31, 2020, achieving $5.15 billion in revenue, a 29% year-over-year increase. Subscription and support revenues were $4.84 billion, also up 29%. GAAP diluted earnings per share reached $2.85, bolstered by a $2 billion tax benefit from international restructuring. Despite a 2% decline in operating cash flow to $0.43 billion, remaining performance obligations grew 21% year-over-year to $30.6 billion. Salesforce has raised its revenue and earnings guidance for FY21.
On August 11, 2020, Salesforce (NYSE: CRM) launched Work.com for Schools to assist educational institutions in safely reopening amid the pandemic. This initiative provides tools for data-driven decisions, communication, and remote learning support. Additionally, Salesforce is granting $20 million to five major U.S. school districts to enhance equitable learning opportunities. With a total investment in education reaching $118 million, Salesforce aims to bridge the digital divide and ensure every student can access quality education.
Salesforce (NYSE: CRM) announced that the University of Kentucky will implement its Work.com platform to ensure a safe return of students, faculty, and staff on August 17. Work.com provides emergency response management, contact tracing, health assessments, and shift scheduling. The university, which has used Salesforce's Education Cloud since 2017, created a return-to-campus framework involving 500 participants. This strategic deployment aims to enhance community health support and readiness while leveraging real-time data insights.
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