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SALESFORCE.COM, INC.

(CRM)
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Salesforce com : Recognized as a Leader in the 2021 Gartner Magic Quadrant for Enterprise Low-Code Application Platforms

09/30/2021 | 09:12am EDT

Salesforce, the global leader in CRM, today announced it has once again been named a Leader by Gartner Inc. in its 2021 Magic Quadrant for Enterprise Low-Code Application Platforms.

At a time when the world has shifted to an all-digital, work-from-anywhere model, Salesforce Platform has enabled companies to click, create, and ship apps from anywhere with its suite of low-code and developer tools, and enterprise services. The newest offerings on the Salesforce Platform - including Dynamic Interactions in App Builder, Einstein Automate, Mulesoft Composer, Salesforce Functions, CLI Unification, and DevOps Center - better support customers by delivering tools to help teams automate processes, scale with confidence, and empower everyone to be part of the innovation cycle.

According to Gartner, "By 2025, 70% of new applications developed by enterprises will use low-code or no-code technologies, up from less than 25% in 2020."

"Empowering anyone to quickly solve business problems is vital for any organization, which is why so many are turning to low-code development tools," said Patrick Stokes, Executive Vice President and General Manager, Salesforce Platform. "Using Salesforce's low-code products, everyone has the tools necessary to increase productivity by transforming time-intensive processes into automated workflows using just clicks, with all the necessary IT guardrails and governance built right in."

More information: The Gartner 2021 Magic Quadrant for Enterprise Low-Code Application Platforms is available here.

Gartner, Magic Quadrant for Enterprise Low-Code Application Platforms, 20 September 2021, Jason Wong, Kimihiko Iijima, Adrian Leow, Akash Jain, and Paul Vincent.

GARTNER and Magic Quadrant are registered trademarks and service mark of Gartner, Inc. and/or its affiliates in the U.S. and internationally and are used herein with permission. All rights reserved.

Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner's research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

Disclaimer

salesforce.com Inc. published this content on 30 September 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 30 September 2021 13:11:05 UTC.


© Publicnow 2021
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Financials (USD)
Sales 2023 30 995 M - -
Net income 2023 415 M - -
Net cash 2023 5 865 M - -
P/E ratio 2023 369x
Yield 2023 -
Capitalization 147 B 147 B -
EV / Sales 2023 4,54x
EV / Sales 2024 3,76x
Nbr of Employees 73 541
Free-Float 96,7%
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Mean consensus BUY
Number of Analysts 50
Last Close Price 146,81 $
Average target price 222,11 $
Spread / Average Target 51,3%
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Managers and Directors
Marc Russell Benioff Chairman & Co-Chief Executive Officer
Bret Steven Taylor Vice Chairman & Co-Chief Executive Officer
Amy E. Weaver Co-President & Chief Financial Officer
Brian Millham Co-President & Chief Operating Officer
Srinivas Tallapragada Co-President & Chief Engineering Officer
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