Welcome to the Cloud Wars Minute — your daily news and commentary show, hosted by Cloud Wars Founder Bob Evans. Each episode provides insights and perspectives around the “reimagination machine” that is the Cloud.
In this Cloud Wars Minute, Bob talks about the Industries business initiatives of Salesforce that CFO Amy Weaver revealed during the Dreamforce event.
00:34 — For the last year and a half, since the launch of the Industry Cloud Top 10, Salesforce has held the number one Industry Cloud vendor title. At the Dreamforce Investor’s Day forum, CFO Amy Weaver discussed Salesforce’s Industries business.
01:05 — During the forum, Weaver revealed:
- Last year, revenue for Industries was up 33% to 3.8 billion.
- 45% of Industries customers are net-new to Salesforce.
- 30% higher average selling prices (ASPs) for industry clouds than with Salesforce as core solutions
- 2% less attrition for industry customers
01:42 — The industry clouds are easy and quick installations, which customers love.
01:57 — Industries is one of three strategic growth pillars, as Salesforce is on its way to reaching its goal of $50 billion in revenue.
02:07 — The field is full of high competition, with Oracle working towards achieving industry cloud revenue that surpasses Salesforce.
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