Analyst Commentary

Salesforce executes on and broadens its digital transformation potential



Salesforce (NYSE: CRM) crossed the $3 billion quarterly revenue mark in 1Q18, growing 25% year-to-year while achieving a 6.4% operating margin. Contrary to typical first quarter seasonality, Salesforce signed its largest deal in company history, indicating that customers globally are buying into Salesforce’s digital transformation promise with larger and more comprehensive deals. The acquisition of MuleSoft enhances this promise by allowing customers to unlock data housed in disparate and legacy systems and creates a new cross-selling avenue fo...

Login or Register to View Analyst Commentary