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Home » Salesforce Makes Huge Investment Into Industry Cloud Solutions
Cloud Wars Minute

Salesforce Makes Huge Investment Into Industry Cloud Solutions

Bob EvansBy Bob EvansSeptember 12, 2022Updated:September 12, 20222 Mins Read
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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.

In this Cloud Wars Minute, Bob breaks down the major investment that Salesforce has made into its industry clouds, as discussed during its fiscal Q2 earnings call.

Highlights

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.

02:05 — As Salesforce takes the #1 spot in the Industry Cloud Top 10, Oracle fills the #2 spot and Google Cloud is in #3.

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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Bob Evans

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Cloud Wars

Areas of Expertise
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  • Digital Business
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Cloud Wars Founder Bob Evans actively analyzes the Cloud and AI categories through video reports, in-depth analyses, and interviews with the Cloud and AI market’s leaders and innovators. He’s also the creator of the Cloud Wars Top 10, a ranking and ongoing analysis of the world's most influential tech companies driving digital business and the digital economy. Bob is recognized as a world-class strategic communicator focused on emerging business strategy, disruptive innovation, and forward-looking leadership.

  Contact Bob Evans ...

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