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Marc Benioff on Salesforce - Earnings Call

Filed in archive Enterprise Software by prashanth on February 22, 2007

Marc Benioff on Salesforce - Earnings Call

During the Salesforce.com earnings call for Qtr ended 1/31/07, Mark Benioff made some interesting comments, below are some excerpts from the same:

Our fiscal 2007 ended with a bang and it is a sound that is being heard around the world as a starting gun for a new on-demand industry focused on customer success, as well as a new era for Salesforce.com and our breakthrough on-demand platform strategy.

We added more than 0.25 million subscribers in fiscal 2007, approximately 1,000 every business day. It took us five years to get to our first 250,000 subscribers and yet we did that many in this year along.

We now have 47 customers with more than 1,000 subscribers. That is up 81% from a year ago and there are 150 customers with more than 500 subscribers, up 88% from last year.

We delivered approximately 4.3 billion transactions in the quarter, up 116% from last year, and they were delivered faster than ever, approximately a quarter of a second, an improvement of 32%.

The number of users per day is up 67% and customers are integrating their systems with ours more deeply than ever before.

AppExchange is a vibrant marketplace with 520 apps from 250 ISVs. This is an increase from approximately 150 applications a year ago. Now, more than 8,000 customers have installed 20,000 apps, and they have taken more than 200,000 test drives.

Fortune 100 giants Proctor & Gamble and Wal-mart both selected Salesforce.com to help them manage their call center customer interactions. In all, we closed nearly 500 service and support deals in the fourth quarter, 150 of which were at new customers.

Next Tuesday in New York City, we will announce our largest deal ever; a major customer expanding to 25,000 subscribers, 19,000 which are net new subscribers in the fourth quarter.

So when people ask me what is next for Salesforce.com, I say try another question: who is the next Salesforce.com? Because it is that next generation on-demand developer and ISV who is developing, marketing and deploying on our platform and that is what is what is next for Salesforce.com.

Source: 1

Prashanth Rai



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