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SALESFORCE.COM, INC.

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News from TrailheaDX 2021: The Future of Salesforce Platform, Revealed

06/23/2021 | 08:31am EDT

The world is fundamentally changing. For developers, admins, and IT leaders there is increasing pressure to digitally transform more quickly than ever before.

Business users are demanding new apps and processes. And at the same time, employees who don't like their technology tools are twice as likely to leave their job in the next year.

These workforce trends are shaping the future of IT.

At today's TrailheaDX event, Parker Harris and other Salesforce leaders will share the company's vision for that future, and new innovations designed to help the community of Trailblazers - Developers, Admins, Architects, Partners, and IT Leaders -to innovate anywhere, automate anything, scale everywhere, and empower everyone.

These innovations include:

AWS and Salesforce announce expansive partnership to unify developer experiences and launch new intelligent applications A demonstration of elements of the new Salesforce and AWS partnership, featuring Novartis

Salesforce today announced a significant expansion of its global strategic partnership with Amazon Web Services (AWS) that will make it easier for customers to use the full set of Salesforce and AWS capabilities together to quickly build and deploy powerful new business applications. Together, Salesforce and AWS will help customers quickly build, deploy and scale powerful business applications that accelerate digital transformation through low-code and code-based development tools, a unified developer experience, and pre-integrated, out-of-the-box Salesforce apps running on AWS.

'This is a milestone partnership for the technology industry, and one that will enable our customers to experience an even more powerful Salesforce Customer 360 and achieve a new level of success in their business'

Marc Benioff, Chair and CEO, Salesforce

'This is a milestone partnership for the technology industry, and one that will enable our customers to experience an even more powerful Salesforce Customer 360 and achieve a new level of success in their business,' said Marc Benioff, Chair and CEO, Salesforce. 'With a more strongly unified Salesforce and AWS platform, our customers around the world can create a single source of truth across sales, service, marketing, and commerce, and achieve success from anywhere.'

The next generation of Salesforce Platform

According to new Salesforce research, 83% of IT leaders plan to increase their use of low code tools moving forward. Companies today need a platform that can innovate, automate, scale, and empower to drive Trailblazer success from anywhere.

Today, Salesforce is introducing the next generation of the world's #1 low-code platform - helping power innovation from anywhere.

The new release includes a powerful set of low-code development tools that empower everyone within an organization, regardless of technical skill or role, to create and ship apps on a single platform.

  • Einstein Data Detect finds sensitive data in Salesforce and provides a simple dashboard at the object, field, and record level that quickly shows information about data such as how many data patterns matched, how many fields were classified and more.
  • Salesforce Customer Identity Plus enables a fast and easy login experiences for your customers to all of your digital properties using passwordless login and social sign-on functionality
  • The Salesforce Command Line Interface is being enhanced to support new, cross-cloud commands for creating projects, managing environments, and running automated tests across Salesforce.
  • Using Dynamic Interactions, employees are able to quickly verify shipping addresses of accounts, correct any errors made while entering customer information and view the address location on the map.
  • Flow Orchestrator maps out all the steps in a mortgage loan processing workflow to guide employees and save time.
  • Salesforce Functions lets you extend your data and low code flows with the power of elastic compute and open language flexibility to build scalable experiences fast.
  • DevOps Center provides teams with a centralized, low-code experience for their change and release management pipelines.

'Salesforce's low-code tools and elastic scale capabilities allowed our team to launch new customer buying experiences, like CarMax Curbside, in less than three weeks,' said Shamim Mohammad, EVP, Chief Information and Technology Officer, CarMax.

To learn more about how CarMax scaled their digital car-buying experience with the Salesforce Platform, read this story.

A new Trailblazer Community to build new skills, learn from peers and experts and connect to job opportunities

Salesforce also announced the reimagined Trailblazer Community, which integrates Trailhead, the company's free learning platform, with its online community into one unified platform.

The new Trailblazer Community offers a single location for anyone to build new skills, learn from peers and experts, and connect to job opportunities in the Salesforce ecosystem from anywhere.

  • The new 'Today' page in the new Trailblazer Community is a personalized homepage, integrating relevant learning and community content.
  • The new Trailblazer Community Feed is accessible on desktop and via the Trailhead GO mobile app

New Trailblazer Community features include:

  • Today Page: A personalized homepage that brings the Trailblazer Community feed, in-progress learning and recommended Trailhead modules into one destination.
  • Learning Panel: Surfaces relevant Trailhead learning content in the flow of community interactions on the Topics and Questions pages, by suggesting learning modules that match your conversations and questions.
  • Community in Trailhead GO: Brings the Trailblazer Community to mobile through Trailhead GO, Trailhead's free mobile app. Members will be able to post questions to the Community to get answers quickly and access direct messages to connect with Trailblazers from anywhere.

Read more about the new Trailblazer Community and how Salesforce is reinventing learning in Forbes.

$700K Year Up grant will help close the opportunity gap for young people

As part of Salesforce's continued commitment to closing the opportunity gap for young people, the company also announced a new $700,000 grant to non-profit and long-time partner Year Up. This brings Salesforce's total commitment to the nonprofit to more than $9.2 million and the company's total workforce development grants to $30 million.Salesforce also announced on stage a new $700,000 grant to non-profit and long-time partner Year Up.

This brings Salesforce's total commitment to the nonprofit to more than $9.2 million and the company's total workforce development grants to $30 million.

This grant will support Year Up's work to train and place young adults facing barriers to accessing high wage, high-demand careers, and to support employers in meeting their talent needs. Salesforce's commitment extends beyond grants - the company has hosted nearly 700 Year Up interns across the United States, and partners with Year Up to develop an ongoing talent pipeline for the Salesforce ecosystem.

Learn more about Salesforce's untapped talent programs and partnership with Year Up here.

Disclaimer

salesforce.com Inc. published this content on 23 June 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 23 June 2021 12:30:03 UTC.


© Publicnow 2021
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Financials (USD)
Sales 2022 25 993 M - -
Net income 2022 175 M - -
Net cash 2022 1 998 M - -
P/E ratio 2022 1 088x
Yield 2022 -
Capitalization 235 B 235 B -
EV / Sales 2022 8,97x
EV / Sales 2023 7,35x
Nbr of Employees 56 606
Free-Float 96,3%
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Mean consensus BUY
Number of Analysts 49
Last Close Price 241,93 $
Average target price 279,83 $
Spread / Average Target 15,7%
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Managers and Directors
Marc Russell Benioff Chairman & Chief Executive Officer
Alexandre Dayon Co-President & Chief Strategy Officer
Amy E. Weaver Co-President & Chief Financial Officer
Srinivas Tallapragada Co-President & Chief Engineering Officer
Bret Steven Taylor Co-President & Chief Operating Officer
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