Salesforce.com Named to Forbes 25 Fastest Growing Tech Companies List
Salesforce.com (NYSE:CRM) , the market and technology leader in on-demand business services, has been named to Forbes list of “25 Fastest Growing Tech Companies.” Ranking just after Google and biotechnology equipment supplier Illumina, salesforce.com was ranked third on the list with an impressive 117% annualized sales growth over the last five years.
“The numbers don’t lie. Customers are flocking to companies like salesforce.com and Google because we are using the Internet to change the way services are delivered and people interact online. Our ongoing growth is the result of having the best product in the market, delivered by a tremendous team of people that are committed to the success of our customers,” said Marc Benioff, chairman and CEO at salesforce.com. “We’re proud of our progress to date, and are excited to be recognized by such an esteemed publication as Forbes.”
Being named to the Forbes list is the latest accolade to highlight salesforce.com’s meteoric rise. At an event held in New York last week, salesforce.com announced Salesforce Wealth Management Edition, the next generation financial advisor desktop built for The Business Web. This comes after the company delivered Apex, the world’s first on demand platform and programming language, which enables companies to build any application and deploy it on demand, and Winter ‘07, the 21st generation and largest release in the companies history.
Selection criteria for Forbes “25 Fastest Growing Tech Companies” included a minimum of $25 million in sales; 10% annual sales growth for five consecutive years; profitability over the past 12 months; and 10% estimated annual profit growth for the next three to five years. To view the list in its entirety, visit http://www.forbes.com/2007/01/25/fastest-growing-stocks- tech_cz_pmjr_0125fasttech_land.html.
Apex and the AppExchange
Apex is the on-demand platform for the next generation of business applications. Apex reinvents traditional customization and integration and enables a whole new generation of on-demand applications that go beyond CRM. All Apex components and applications can be easily shared, exchanged and installed with a few simple clicks via salesforce.com’s AppExchange directory, enabling all the innovation that Apex unleashes to benefit the entire on- demand community.
More than 500 applications are now available on salesforce.com’s AppExchange, the world’s first on-demand application directory, found at http://www.salesforce.com/appexchange.
The Apex on-demand platform is generally available today. The Apex programming language is available today for developer preview, and is currently scheduled to be available in beta to salesforce.com customers later in 2007.
About salesforce.com
Salesforce.com is the market and technology leader in on-demand business services. The company’s Salesforce suite of on-demand CRM applications allows customers to manage and share all of their sales, support, marketing and partner information on-demand. Apex, the world’s first on-demand platform, enables customers, developers and partners to build powerful new on-demand applications that extend beyond CRM to deliver the benefits of multi-tenancy and The Business Web across the enterprise. All Apex components and applications can be easily shared, exchanged and installed via salesforce.com’s AppExchange directory, available at http://www.salesforce.com/appexchange. Customers can also take advantage of Successforce, salesforce.com’s world-class training, support, consulting and best practices offerings.
As of January 31, 2007, salesforce.com manages customer information for approximately 29,800 customers and approximately 646,000 paying subscribers including Advanced Micro Devices (AMD), America Online (AOL), Avis Budget Group, Inc, Dow Jones Newswires, Nokia, Polycom and SunTrust Banks. Any unreleased services or features referenced in this or other press releases or public statements are not currently available and may not be delivered on time or at all. Customers who purchase salesforce.com applications should make their purchase decisions based upon features that are currently available. Salesforce.com has headquarters in San Francisco, with offices in Europe and Asia, and trades on the New York Stock Exchange under the ticker symbol “CRM”. For more information please visit http://www.salesforce.com/, or call 1-800-NO- SOFTWARE.
Salesforce.com is a registered trademark of salesforce.com, and Apex, AppExchange, The Business Web and Successforce are trademarks of salesforce.com, Inc., San Francisco, California. Other names used may be trademarks of their respective owners.
