Salesforce Inc (NYSE:CRM)
$ 344.2075 3.0575 (0.9%) Market Cap: 329.06 Bil Enterprise Value: 324.95 Bil PE Ratio: 59.86 PB Ratio: 5.72 GF Score: 89/100

Salesforce.Com Inc Customer & Partner Perspectives Co-Hosted by KeyBanc Capital Markets Inc Transcript

Jul 10, 2019 / 12:00PM GMT
Release Date Price: $156.27 (+1.51%)
Brent Alan Bracelin
KeyBanc Capital Markets Inc., Research Division - Senior Research Analyst

Good morning. We're going to go ahead and get started here. I want to thank you guys all for joining us this morning. My name is Brent Bracelin. I'm the analyst here covering cloud software and analytics for KeyBanc. I guess first off, I want to thank Salesforce and the whole Salesforce team for putting together what we think will be a very differentiated event here where we expose Salesforce customers and partners and hopefully, we'll learn a lot more about Salesforce, but before we do that, I thought it might be worthwhile to at least frame the discussion around cloud as we think about the cloud evolution. Cloud is not new. We've been talking about cloud for the last 15 years and here we are with a full house of investors that still care on cloud and we think there's good reasons to care even more. So let's talk a little bit about the journey that we've been on as we think about the cloud evolution.

Two seminal moments that we look at. The birth of SaaS we're using the IPO of Salesforce back in 2004.

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