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Aug17
Salesforce hits 500,000-user mark with Good Financial Reports

Its good to see the dotcoms out there are surviving despite rising oil prices and growing global concerns in the Middle East. The innovativesalesforce4.jpg CRM company, Salesforce.com has come out with good figures despite increasing competition from SAP, Oracle and Microsoft. They have reported good figures of US$118 million for the second quarter of 2006 that topped analysts' expectations, and revealed that its subscriber base has topped 500,000 for the first time with an addition of 57,000 customers this quarter.

 

Here’s what Zdnet reports :

Salesforce.com suffered a system outage in December last year that continued through to February, causing many people to question the wisdom of trusting vital customer data in their CRM system to an online system. The issues led Salesforce to re-deploy applications running on its main server to three separate servers and since then, the company has been free of major performance issues. Subscription revenues were up 63 percent at US$107 million and professional services revenues were up 82 percent at US$11 million, the company said. However, the company did make an operating loss of US$1.3 million compared to an operating profit of US$4.2 million the year before.


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« Internet crimes increased in Japan | Main | Null Team Company unveils Yate Open-source VOIP engine for Windows »

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