Before Salesforce, most companies hosted CRM software on their servers or used local resources, which required a great deal of time and financial investment. The main premise behind Salesforce is to deliver affordable CRM software as an online service.
In August 2022, Salesforce announced it had revenue of $7.72 billion, growing 22% year over year. Salesforce has transformed into a SaaS powerhouse over time, offering multiple cloud platforms that serve specialized purposes.
Founded in March 1999 by former Oracle executive Marc Benioff, Parker Harris, Dave Moellenhoff and Frank Dominguez, the company started off as a customer relationship management ( CRM) platform vendor. is a cloud computing and social enterprise software-as-a-service ( SaaS) provider based in San Francisco.
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