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Salesforce Marketing Cloud is a provider of digital marketing automation and analytics software and services. It was founded in 2000 under the name ExactTarget. The company filed for an IPO in 2007, but withdrew its filing two years later and raised $145 million in funding. It acquired CoTweet, Pardot, iGoDigital and Keymail Marketing.
Salesforce. [1] Salesforce, Inc. is an American cloud -based software company headquartered in San Francisco, California. It provides customer relationship management (CRM) software and applications focused on sales, customer service, marketing automation, e-commerce, analytics, and application development.
Salesforce Tower is 61 stories tall, and covers 1,400,000 sq ft (130,000 m 2) of floorspace. The building's top 150 feet (46 m) above the 61st floor have been described as "largely ornamental". The 61st floor is known as the Ohana Floor and serves as an observation deck and lounge for Salesforce employees and guests.
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Generally, as a long-term investor, I like buying quality companies when their PEG ratio is below 1.5. Doing the math above, Salesforce's current PEG ratio of 1.3 indeed signals an opportunity ...
Source: S&P Capital IQ. Figures in millions. Because Salesforce sells its software as a service that exists entirely online, customers sign long-term contracts and then pay fees for access.
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