Tag Archives: crm

Salesforce Earnings On Tap; Analysts Fear Rising Costs

The talk of possibly putting itself on the market, which propelled Salesforce.com’s (CRM) stock to a record high above 78 in April, has subsided, and the cloud computing pioneer has stayed roughly flat ever since. As rumors swirled that Salesforce might be the object of desire for such suitors/rivals as Oracle (ORCL), Microsoft (MSFT) and SAP (SAP), Salesforce has been able to beat Wall Street earnings estimates. That’s been the case for each of

Amazon, Microsoft Show Bigger Is Better In Cloud

Bigger cloud computing service providers, led by Amazon Web Services but also including Microsoft (MSFT) and Salesforce (CRM), continue to take market share from smaller rivals, says Goldman Sachs in a report. Amazon.com (AMZN) on July 23 posted a surprise Q2 profit as revenue at AWS, its cloud computing infrastructure business, popped 81% to $1.82 billion from the year-earlier period. It was only the second quarter that Amazon has broken out AWS

Illumina tops MIT ‘smartest’ companies ranking; Apple, Facebook dissed

Apple (AAPL) didn’t make MIT’s “smartest companies” list, but emerging smartphone rival Xiaomi did. Gene mapper Illumina (ILMN) is tops among smartest companies, says the university, followed by electric car maker Tesla Motors (TSLA); Google (GOOGL); Samsung, another Apple rival; and cloud software provider Salesforce.com (CRM). How do editors at MIT’s Massachusetts Technology Review explain the rankings, which also pass over Facebook (FB)? Here’s how: “Familiar names such as Apple and Facebook aren’t on this list because reputation doesn’t matter. We’re highlighting where important innovations are happening right now,” wrote executive editor Brian Bergstein. “We didn’t count patents or Ph.D.s; instead, we asked whether a company had made strides in the past year that will define its field. The biggest of these strides happened at Illumina, which is driving down the price of DNA sequencing to levels that will change the practice of medicine.” Unlike the trailblazing iPhone, the…