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.
00:20 — During the Salesforce fiscal Q2 earnings call, co-CEO Bret Taylor discussed the huge investments that the company is making in its industry cloud business.
00:36— Since the launch of the Industry Cloud Top 10, Salesforce has been in the top spot. Bob estimates its industry cloud revenue to be around $4 billion annually and growing between 40% to 50%.
01:03 — Taylor shared that the industry clouds are outgrowing Salesforce’s LOB clouds. Further, customers are moving toward industry cloud solutions, as they have a quick time to value and implementation.
01:37 — Bob speculates that the earnings call hinted at the direction Salesforce wants to go in, with Taylor mentioning that its solutions work right out of the box. Also, Taylor emphasized that the company sees industry clouds as a huge opportunity.
02:55 —Customers will certainly benefit from the top industry cloud company investing further into vertical market solutions. Bob considers the industry cloud sector to be the fastest growing part of the greatest growth market the world has ever known.
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