The 10 Biggest Salesforce News Stories Of 2021 (So Far)
Wade Tyler Millward
Salesforce continued to make headlines in the first half of 2021, with the company’s $27.7 billion Slack acquisition and record earnings topping the list of the biggest stories so far this year.
6. Record-Setting Earnings
Salesforce’s quarterly earnings reports this year have included new milestones for the company.
In February, Benioff (pictured) called the company’s $5.82 billion in fourth quarter sales and $21.25 billion in fiscal year 2021 sales “a record quarter and year,” according to a statement from the time. The fourth fiscal quarter and fiscal year 2021 ended for Salesforce on Jan. 31.
Meanwhile, in March, Salesforce subsidiary Slack also reported a “record setting year,” CEO and co-founder Stewart Butterfield said in a statement at the time. Slack’s fiscal year also ended on Jan. 31.
The company crossed $1 billion in revenue run rate and added 14,000 new paid customers in the fourth quarter, up from 5,000 during the fourth quarter of fiscal year 2020.
At the company’s earnings call in May for the first quarter of fiscal year 2022, Benioff said Salesforce had the best first quarter in company history. Revenue climbed 23 percent during the quarter, year over year, to reach $5.96 billion. And Salesforce hit “an all-time high” in transactions valued at seven figures or more.
Benioff predicted that “we’re about to pass SAP as the largest enterprise applications company in the world.”