Saturday afternoon, In between meeting , Yes i am working today .....i was just looking through the transcript of the salesforce.com earnings call, i found quite a few interesting statements, below are the excerpts of the same:

Customers around the world are benefiting from our unique combination of on-demand killer apps, breakthrough on-demand platform and intensely passionate community.

Revenue for the first quarter topped $162 million, up 55% year over year and roughly $5 million higher than the high-end of the outlook we provided on last quarter's call. That translates into a nearly $650 million annual revenue run-rate and another strong indication of our market momentum.

It took us six years to achieve our first $175 million revenue year in fiscal 2005 and two years later, our Q1 approached that amount in a single quarter.

Our goal of achieving $1 billion in annual revenue run-rate is now clearly in sight, a milestone we expect to achieve some time next calendar year. This is something that we have been focused on now to become the first $1 billion on-demand company. Our dream is coming to us.

The clear centerpiece of the quarter was our largest deal outside of the United States to date, the Japan Post. The Japan Post is both one of the largest banks and Japan's traditional mail carrier, with over 25,000 locations and 400,000 employees. Currently a part of the government, it is scheduled to be privatized later this year. 5,000 subscribers at Japan Post will use Salesforce applications and Salesforce platform edition to help sell financial products to its vast customer base. We look forward to being an integral part of Japan Post's success as it makes this closely followed transition.

Salesforce service and support received the coveted visionary designation from Gartner in their magic quadrant report on customer service and support, and Forester's SFA wave report call our solution a leader.

Spring '07 is also a great example of our community-driven innovation model at work. Our Idea Exchange is our new site where customers can suggest and vote on ideas for new features and products. The community now can work directly and openly with our product managers to work out the specifics of new features. To date, the community has almost 6,000 registered members who have voted more 58,000 times on 3,300 ideas. Some of the best ideas for spring '07 were born on the Idea Exchange, such as customized search and time-based workflow, and as we prepare our next release for this summer, Idea Exchange continues to be a source of inspiration. This conversation and collaboration with our community assures that all of our new features and products are as relevant and easy to use as they are innovative.

The AppExchange is where our customers and partners both experience the benefits of our platform and we are pleased with the continued strong momentum there. Customers have not test driven applications more than 225,000 times and installed more than 26,000 applications.

Keeping with our global theme, AppExchange is a worldwide hit. More than 10,000 customers in 68 countries have installed at least one application from the AppExchange, and we are on the verge of posting our 600th application on the AppExchange just 16 months after it went live. The VC community is taking notice of this momentum and they are financing new start-ups based on this model. To date, $225 million of venture funding has been raised by AppExchange companies.

In Q1, the community really took notice of all this innovation. Forbes named AppExchange as one of the top 10 disruptors of 2006 and in the Wired 40, we are ranked number seven on that magazine's ranking of masters in innovation and technology

The large legacy vendors like Microsoft, SAP and Oracle continue to poke around the edges of software service, grudgingly acknowledging the appeal of this powerful new model for delivering innovational success. Steve Ballmer said last week that Salesforce.com has a high value and Hasso Plattner said we got it right at the Software 2000 conference a couple of days ago. We are changing the game in the software industry and no one is better trained, ready and prepared to succeed than our 2200 plus employees in the new software service market.

Turning now to performance, our world-class data centers continue to run at very impressive levels. In the first quarter, we served a record 5.4 billion transactions, more than double the level of a year ago. Just last week, we logged our first 90 million transaction day and our speeds are just over a quarter of a second each.

Tags: salesforce.com - sap+a1s - earnings+call - saas - on+demand

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Prashanth Rai