Key Research Idea

Salesforce.com Inc (CRM US) – Looking past the MuleSoft concerns  

Salesforce is a global leader in CRM software, enabling companies to improve their relationships and interactions with their customers. It has surpassed US$10b in annual revenue in FY18, reaching this milestone faster than any other enterprise software company in history. It exists in a large TAM and its growth is powered by the digital transformation of companies of various sizes and industries. Salesforce possesses a highly scalable model arising from its multi-tenanted technology architecture, and is looking to capitalize on growth opportunities overseas. Salesforce’s suite of products also presents multiple cross-selling and upselling opportunities as it deepens its relationships with its existing customers. BUY(Research Team)