Surpasses 1.5 million net paying subscribers
SAN FRANCISCO, Feb. 25 /PRNewswire-FirstCall/ -- Salesforce.com (NYSE: CRM), the enterprise cloud computing company, today announced a series of new milestones in enterprise cloud computing reached in its past fiscal year. Most notably, the company announced it has reached 55,400 customers and surpassed 1.5 million net paying subscribers, demonstrating the growing demand for its cloud computing services. The announcement comes as salesforce.com reported its financial results for its fourth quarter and fiscal year 2009 (see separate press release at www.salesforce.com/investor).
"This past year marks a watershed for salesforce.com and enterprise cloud computing," said Marc Benioff, chairman and CEO of salesforce.com. "Not only have we extended our leadership with Salesforce CRM, but our customers have discovered how to leverage the power of our cloud computing model in a multiplicity of ways - to build applications, websites, and interact with their customers and communities."
Enterprise Cloud Computing Milestones
Salesforce.com has achieved several major milestones that speak to the adoption of enterprise cloud computing:
-- More than 12 billion transactions in the fourth quarter alone
Salesforce.com Foundation implementation of the 1/1/1 Model
-- 1% Time: More than 125,000 employee hours have been donated in service
Salesforce.com is the enterprise cloud computing company. The company's portfolio of SaaS applications, including its award-winning CRM, available at http://www.salesforce.com/products/, has revolutionized the ways that customers manage and share business information over the Internet. The company's Force.com PaaS enables customers, developers and partners to build powerful on-demand applications that deliver the benefits of multi-tenancy across the enterprise. Applications built on the Force.com platform, available at http://www.force.com, can be easily shared, exchanged and installed with a few simple clicks via salesforce.com's Force.com AppExchange marketplace available at http://www.salesforce.com/appexchange/.
As of January 31, 2009, salesforce.com manages customer information for approximately 55,400 customers including Allianz Commercial, Dell, Dow Jones Newswires, Japan Post, Kaiser Permanente, KONE, 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.
Copyright (c) 2009 salesforce.com, inc. All rights reserved. Salesforce and the "no software" logo are registered trademarks of salesforce.com, inc., and salesforce.com owns other registered and unregistered trademarks. Other names used herein may be trademarks of their respective owners.
"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: Statements in this press release regarding salesforce.com's business which are not historical facts are "forward-looking statements" that involve risks and uncertainties. For a discussion of such risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see "Risk Factors" in the Company's Annual Report or Form 10-K for the most recently ended fiscal year.