SOURCE: Salesforce.com 26/06/07
Recognized for providing innovative technology to the manufacturing industry
SAN FRANCISCO, June 26 /PRNewswire-FirstCall/ -- Salesforce.com (NYSE: CRM), the market and technology leader in on-demand business services, today announced it has been named a "hot" company for the fourth year in a row by START-IT magazine as part of its annual Hottest Companies Awards. The award states that with "its on-demand CRM offering now eight years old, salesforce.com continues to be the talk of the town as revenues ballooned to $497.1 million in its 2007 fiscal year from $309.9 million in its 2006 fiscal year."
"Software delivered as a service is changing the face of the manufacturing industry," said Tien Tzuo, chief strategy officer at salesforce.com. "Manufacturers have discovered how on demand solutions can decrease operational costs, increase productivity and improve customer service, which has led to some of the largest manufacturers in the world standardizing on Salesforce."
Award applicants are judged on such criteria as revenue growth, client wins in the previous year, technological developments, and significant events and accomplishments during the past year that helped set the company apart from the competition.
"Each of these winning companies has stepped up and made an impression upon the marketplace in the past year," said Peggy Smedley, editorial director of START-IT. "To be designated as a 'Hot' company shows customers, both current and future, that this company has a dedication to providing innovative and efficient technology to manufacturers, making them more competitive and successful."
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