Earnings Call Insights: Demand and Adoption Trends

On Tuesday,, Inc. (NYSE:CRM) reported its third quarter earnings and discussed the following topics in its earnings conference call. Take a look.


Philip Winslow – Credit Suisse: Marc, I just want to get a sense of what you’re seeing across the various clouds in terms of demand and any change you’re seeing there against the sales, marketing and then obviously it being overall Service Cloud 2?

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Marc Benioff – Chairman and CEO: Well, we’ve of course had some great success with the sales cloud which has become a multi-billion dollar product line for us and right behind that we have had the Service Cloud which we just have seen some extraordinary results last year and this year and we are very optimistic in terms of that becoming another billion dollar product line for Salesforce and right behind that of course you see the speed and the rapid delivery of platform and these remain kind of the three major horses in the race to become our three core $1 billion businesses. Now, we’re making of course a major investment as you know through acquisition as well as organic development with our marketing cloud and in addition to that we are going to have an incredible success with, but at our core, we remain very uniquely focused on sales service and platform right now.