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INX:CRM, Sep 30, 02:39 UTC

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Friday, September 18


News

Salesforce To Add 12,000 Jobs In A Year, As Part Of Fire-And-Hire Plan

CRM

Salesforce.com Inc (NYSE: CRM) – the cloud-based platform offering customer relationship management services, announced the "Salesforce Talent Alliance" on Wednesday. As a part of the initiative, Salesforce, along with its partners, plans to build a highly-skilled diverse workforce following estimates from market intelligence firm International Data Corporation (IDC). According to IDC’s forecast released in 2019, Salesforce and its partners could create 4.2 million new jobs by 2024. What Happened: Salesforce CEO Marc Benioff tweeted on Thursday that the company plans to add around 4,000 new jobs over the next six months and up to 12,000 over the next year. The Salesforce Talent Alliance has almost 200 partners scattered around 40 countries. The cloud-based software company said in a statement at the time that its strategy involved "continuing to hire and redirecting some employees to fuel our strategic areas, and eliminating some positions that no longer map to our business priorities."

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  • Financial

Thursday, September 17


News

Equiteq supports VISEO on its APAC expansion with the acquisition of Cludo, a Salesforce leader in the Australian market

CRM

Equiteq supports VISEO on its APAC expansion with the acquisition of Cludo, a Salesforce leader in the Australian market. SINGAPORE, Sept. 17, 2020 /PRNewswire/ -- Equiteq is pleased to announce it has supported VISEO, a global technology company specializing in digital transformation services, in its acquisition of Cludo, a leading Australian Salesforce Platinum Partner. This merger is great news for our people and will benefit our customers and the Salesforce ecosystem by allowing us to combine with a global leader, accelerate innovation and drive even greater customer success," explains Ian Goodwin, Co-Founder and CEO of Cludo. "VISEO Australia is delighted to welcome the Cludo team into our organisation. We share a similar company culture and vision, and our potential synergies are aligned with our strategy to become a top-3 Salesforce player in ANZ in the next 3 years," says Pierre-Francois VIEAU, Managing Director of VISEO Australia. "We are very pleased and honoured to welcome Cludo as part of the VISEO family. It will consolidate our partnership with Salesforce and accelerate our Cloud First Strategy," adds Olivier Dhonte, VP APAC and Chairman of the VISEO Group. Charles Woodall, SVP Alliances & Channels, Salesforce APAC said "Cludo is a fast-growing member of Salesforce's ecosystem, driving substantial digital transformation projects for our joint customers. We welcome its acquisition by VISEO, which will support Salesforce's digital transformation capabilities in Australia and across the region." Regarding Equiteq's role in the transaction, Olivier also remarked, "Their comprehensive support ranges from initial market assessment and research, initial contacts and negotiations, down to the completion of the deal. Their deep understanding of the Salesforce market, together with the right combination of local and regional support, have been instrumental in the success of this project. "

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Thursday, September 03


News

Humana (HUM) Taps Salesforce for Better Healthcare Services

CRM HUM

Humana Inc. HUM recently entered into a multi-year agreement with global Customer Relationship Management (CRM) leader Salesforce to provide comprehensive, personalized healthcare services to its members.Leading health insurer Humana is utilizing Salesforce Health Cloud to help power its Enterprise Clinical Operating Model (ECOM), which is a new care management technology platform that will lead to a seamless, integrated care coordination among its members, care teams and provider communities. Humana is one of the many insurers that has been deploying Saleforce’s Health cloud, which was launched in 2016.The health sector is Salesforce’s one of the key targets wherein the United States government spent more than $3.5 trillion on healthcare in 2018. Leveraging Salesforce-owned Mulesoft for API-led connectivity, the platform will lend a single, comprehensive view of a particular patient’s clinical history to the care teams. It will also provide information related to social, environmental and lifestyle factors that can impact the member’s health.Moreover, Humana and Salesforce will coordinate the launch of a Healthcare Innovation Lab, based in Humana's Boston studio_h.

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  • Health
  • Financial

Wednesday, August 26


News

Salesforce spikes 29% on blockbuster earnings and boosted full-year forecast

CRM

Salesforce blew earnings expectations out of the water after markets closed on Tuesday, trouncing expectations for second-quarter profits and revenue. The company also raised its full-year guidance above expectations, a stark pivot from its guidance cut in May. Subscription and support revenue surged 29% year-over-year, to $4.84 billion, signaling continued demand for its business systems even as some states reopen and office activity slowly resumes. Full-year revenue: between $20.7 billion and $20.8 billion, versus the $20.1 billion estimate.

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  • Financial

Tuesday, August 25


News

Salesforce Rises on Revived Software Demand, Rosy Projections

CRM

(Bloomberg) -- Salesforce.com Inc. topped analysts’ quarterly revenue and profit estimates, signaling that many corporate customers have responded to the pandemic and economic slump by upgrading critical technology systems to bolster their businesses. Benioff said that to thrive during the Covid-19 outbreak, the company has had to get closer to customers and “reimagine its relevance.” To do so, it conceived the work.com and Salesforce Anywhere products, meant to help clients safely reopen offices and work remotely, respectively. “They had to make decisions that would take weeks or months, in days.” Benioff recently promoted Patterson, former CEO of British telecom company BT Group Plc, to help Salesforce pen major deals with international customers. Revenue in Salesforce’s “Platform and Other” business category, which includes several of its recent acquisitions, gained 66% to $1.5 billion during the second quarter.

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News

Salesforce Tops Forecasts, Raises Outlook on Software Demand

CRM AAPL

(Bloomberg) -- Salesforce.com Inc. topped analysts’ second-quarter revenue and profit estimates and raised its annual sales forecast, signaling robust demand for the company’s customer-relations software. Profit before certain items was $1.44 a share; excluding an additional 58-cent gain from investments, that number would have been 86 cents a share. Sales will be as much as $5.25 billion in the third quarter, the San Francisco-based company said Tuesday in a statement. Increasingly, Salesforce has pursued growth by taking aim at markets led by Microsoft Corp. Benioff also recently promoted Gavin Patterson, the former CEO of British telecom company BT Group Plc, to be chief revenue officer.

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News

Apple Stock Split Causes Dow Jones Industrial Average Shuffle; Salesforce, Amgen, Honeywell To Make Entry

CRM AMGN

Apple Stock Split Causes Dow Jones Industrial Average Shuffle; Salesforce, Amgen, Honeywell To Make Entry. The S&P Dow Jones Indices, a division of S&P Global (NYSE: SPGI), on Monday announced certain changes to the Dow Jones Industrial Average (DJIA) composition, effective Aug. 31. What Happened: Three new stocks will be added to replace existing stocks in the DJIA index. The decision to replace three stocks in the index came after Apple Inc (NASDAQ: AAPL) declared a 1:4 stock split, which would also come into effect on Aug. 31. With the new additions, S&P Dow Jones hopes to offset this reduction and remove company overlap in the index. What's Next: To ensure consistency, new divisors will be used to rebalance the index, specifics of which will be available in the S&P Dow Jones Indices FTP (EDX) site on Aug. 28, according to the statement.

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Monday, August 24


News

Salesforce.com, Amgen and Honeywell International Set to Join Dow Jones Industrial Average

CRM AMGN

Salesforce.com (NYSE:CRM) will replace Exxon Mobil Corp. (NYSE:XOM), Amgen Inc. (NASD:AMGN) will replace Pfizer Inc. (NYSE:PFE), and Honeywell International Inc. (NYSE:HON) will replace Raytheon Technologies Corp. (NYSE:RTX). The index changes were prompted by DJIA constituent Apple Inc.'s (NASD:AAPL) decision to split its stock 4:1, which will reduce the index's weight in the Global Industry Classification Standard (GICS) Information Technology sector. S&P Dow Jones Indices is the largest global resource for essential index-based concepts, data and research, and home to iconic financial market indicators, such as the S&P 500® and the Dow Jones Industrial Average®. More assets are invested in products based on our indices than products based on indices from any other provider in the world. Since Charles Dow invented the first index in 1884, S&P DJI has been innovating and developing indices across the spectrum of asset classes helping to define the way investors measure and trade the markets.

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News

Salesforce, Amgen, Honeywell to join Dow Jones Industrial

CRM AMGN

(Reuters) - Shares of Salesforce.com (CRM.N), Amgen (AMGN.O) and Honeywell International (HON.N) each surged over 3% in extended trade on Monday after it was announced they would join the Dow Jones Industrial Average as of Aug. 31. Exxon Mobil (XOM.N), Pfizer (PFE.N) and Raytheon Technologies RTX.N, which S&P Dow Jones Indices said would leave the 30-component Dow as part of the changes, each fell more than 1%. S&P Dow Jones Indices, which manages the Dow, said the shakeup was a result of Apple's (AAPL.O) four-for-one stock split, which will take effect the same day. "The announced changes help offset that reduction. They also help diversify the index by removing overlap between companies of similar scope and adding new types of businesses that better reflect the American economy," S&P Dow Jones Indices said in a press release.

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News

Dow Jones Industrial Average adds Salesforce, Amgen and Honeywell

CRM

© Erik McGregor/LightRocket/Getty Images/FILE MANHATTAN, NEW YORK, UNITED STATES - 2019/10/11: Salesforce Headquarters in New York City, also known as Salesforce Tower. Salesforce, Amgen and Honeywell International will join the Dow, replacing Exxon Mobil, Pfizer, and Raytheon, S&P Dow Jones Indicies said in a statement Monday. They won't change the level of the Dow, because the S&P is changing the "Dow divisior" that is used to calculate the level of the index based on the performance of the component stocks. Still, Monday's changes mark the removal of two companies with some of the most storied histories in the index, after it booted General Electric in 2018 following 110 consecutive years in the Dow.

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