As Block exits, Salesforce forecasts it will surpass $20B in revenue in FY2021

When Keith Block joined Salesforce from Oracle in 2013, the CRM giant was already a successful SaaS vendor on a billion dollar quarterly revenue cadence. When the co-CEO announced he was stepping down yesterday, the company reported revenue of $4.9 billion for the quarter. During his tenure, the company’s revenue more than quadrupled, earning an […] Continue reading As Block exits, Salesforce forecasts it will surpass $20B in revenue in FY2021

Salesforce co-CEO Keith Block steps down

Salesforce today announced that Keith Block, the company’s co-CEO, is stepping down. This leaves company founder Marc Benioff as the sole CEO and chair of the CRM juggernaut. Block’s bio has already been wiped from Salesforce’s leadership page. Block stepped into the co-CEO role in 2018, after a long career at the company that saw […] Continue reading Salesforce co-CEO Keith Block steps down

Salesforce is buying data visualization company Tableau for $15.7B in all-stock deal

On the heels of Google buying analytics startup Looker last week for $2.6 billion, Salesforce today announced a huge piece of news in a bid to step up its own work in data visualization and (more generally) tools to help enterprises make sense of the sea of data that they use and amass: Salesforce is […] Continue reading Salesforce is buying data visualization company Tableau for $15.7B in all-stock deal

Salesforce keeps rolling with another banner year in 2018

The good times kept on rolling this year for Salesforce with all of the requisite ingredients of a highly successful cloud company — the steady revenue growth, the expanding product set and the splashy acquisitions. The company also opened the doors of its shiny new headquarters, Salesforce Tower in San Francisco, a testament to its […] Continue reading Salesforce keeps rolling with another banner year in 2018

Salesforce promotes COO Keith Block to co-CEO alongside founder Marc Benioff

Salesforce is moving to a two CEO model after it promoted executive Keith Block, who was most recently COO, to the position of co-CEO. Block will work alongside Salesforce’s flamboyant founder, chairman and CEO (now co-CEO) Marc Benioff, with both reporting directly to the company’s board. Block joined Salesforce five years ago after spending 25 […] Continue reading Salesforce promotes COO Keith Block to co-CEO alongside founder Marc Benioff

Salesforce keeps rolling with another monster quarter, as it sets $20 billion revenue goal

 Ho hum, Salesforce announced its quarterly earnings yesterday and the news was all good once again with revenue up 25 percent to $2.68 billion. The company has blown through its $10 billion yearly revenue goal and has boldly set one for $20 billi… Continue reading Salesforce keeps rolling with another monster quarter, as it sets $20 billion revenue goal

The method in Salesforce’s M&A madness

Salesforce executive Keith Block speaking at a press conference at Dreamforce 2016. Salesforce has been on a shopping spree this year, spending in the neighborhood of $5-6 billion on 10 companies. That’s why it was interesting to hear company president, vice chairman and COO, Keith Block talk about what they look for in an acquisition target at a press conference at Dreamforce this week. This is particularly true in the context of rumors that Salesforce was interested… Read More Continue reading The method in Salesforce’s M&A madness

Keith Block talks life at Salesforce and being a Boston sports fan in San Francisco

Keith Block from Salesforce speaking at Salesforce World Tour in Boston in April, 2016. The day I met Keith Block at the Salesforce World Tour in Boston he was relaxing in a suite at the Hynes Convention Center, a man at ease with his considerable responsibilities as vice chairman, president and COO at Salesforce. His Twitter bio, like mine, also lists him as a Boston sports fan. We had a lot to talk about. The day we chatted, Block had been front and center at the… Read More Continue reading Keith Block talks life at Salesforce and being a Boston sports fan in San Francisco