Salesforce.com is offering one of the world’s largest cloud-based customer relationship management, or CRM, software service. Salesforce has of the most attractive valuation model with its SaaS services. In fact, given that their customers data is highly interconnected with its services, customers stay loyal in the absence of any valid alternative.
After years of aggressive acquisitions, Salesforce’s CRM portfolio is now by far the most comprehensive offering in the market.
The business is growing at a decent low-teens speed, mainly driven by its core offering and the cloud services, which together account for nearly half of the company’s total revenue.