Home : Storage : News

Salesforce posts record revenue

The cloud computing company’s profits shoot up by 20 per cent with almost 4,000 new customers taking up its services.

By Jennifer Scott, 21 Aug 2009 at 12:34

Cloud computing and software as a service (SaaS) company Salesforce has posted its best results yet today for its fiscal second quarter.

Revenues for the company shot up by 20 per cent year over year to $316 million (£190 million), with subscription and support revenues rising 22 per cent to $22.6 million.

Marc Benioff, chairman and chief executive of the company, confirmed in a statement that this was the best the company had achieved and on top of that their customer numbers had significantly risen.

He said: “We added 3,900 net new customers, bringing our total to more than 63,000, with our Service Cloud turning in its best quarter ever.”

As a result the company has raised its forward looking figures for the third quarter to revenues between $323 million and $324 million and it expects to achieve between $1.27 billion and $1.28 billion over the year.

Email to a friend

Print this page

< Previous Storage : News Next >

Be the first to comment on this article

You need to Login or Register to comment.

Latest Storage Analysis & Insight

Getting ready for EMC World

Steve Cassidy is getting very excited about storage, more specifically EMC’s VSPEX architecture.

More Storage Analysis & Insight

Latest Storage Reviews

TappIn P2P file sharing review

Rating:

A P2P file sharing tool, which has an attractive £13 per year price point and comes with SSL encryption and password protection. However, the lack of online backup and need for high-speed internet lets it down.

More Storage Reviews