Microsoft overhauls Salesforce in enterprise SaaS, Synergy argues

(c)iStock.com/RonBailey

Microsoft has overtaken Salesforce to become the leading software as a service (SaaS) vendor despite a fragmented market, according to the latest note from Synergy Research.

The analyst firm, which extensively covers cloud software and infrastructure markets, argues that with the latest Q2 data to hand, the global enterprise SaaS market grew by 33% year on year to hit more than $11 billion (£8.3bn) in quarterly revenues.

The space is divided up by Synergy into several buckets....

By James Bourne, 02 September 2016, 0 comments. Categories: Enterprise, Microsoft, Research, SaaS , Salesforce, Software.

Analysing the analysis: Gartner’s 2015 CRM market share report

(c)iStock.com/jxfzsy

Top line findings

  • Worldwide customer relationship management (CRM) software totaled $26.3B in 2015, up 12.3% from $23.4B in 2014.
  • SaaS revenue grew 27% year over year, more than double overall CRM market growth in 2015.
  • Asia/Pacific grew the fastest of all regions globally, increasing 9% 2015, closely followed by greater China with 18.4% growth.

These and many other insights into the current state of the global CRM market are from

By Louis Columbus, 20 June 2016, 0 comments. Categories: CRM, Research, SaaS , Salesforce, Software.

Microsoft catching up with Salesforce in SaaS revenues, argues research

(c)iStock.com/Nicolas McComber

Microsoft has Salesforce in its sights as the leading cloudy software as a service (SaaS) vendor, according to the latest note from analyst house Synergy Research.

According to the research, the overall enterprise SaaS market grew by almost 40% in 2015, with forecasts from Synergy suggesting it will more than triple in size within five years. The consumer SaaS market, on the other hand, is only a third the size of the enterprise with a lower growth rate.

Microsoft’s...

By James Bourne, 18 April 2016, 0 comments. Categories: Enterprise, SaaS , Salesforce, Software.

SaaS provider Apttus raises $108m series C funding, takes aggressive approach

(c)iStock.com/RyanKing999

Software as a service (SaaS) provider Apttus has secured $108 million (£70.4m) in series C funding, just seven months after its previous funding round.

Apttus delivers SaaS apps providing an unbroken funnel throughout the sales process, with the company claiming to pioneer the ‘quote to cash’ cycle, which is an end to end process covering an entire sales lifecycle in the cloud. The latest cash injection comes after a $37m round in September 2013 and $41m in February...

By James Bourne, 01 September 2015, 0 comments. Categories: Economy, SaaS , Salesforce, Software.

The state of the cloud in 2015: “Bullish” VC firm predicts tipping point

(c)iStock.com/filo

Bessemer Venture Partners (BVP), a venture capital firm which has been investing in cloud computing for almost 20 years, has released a bullish prediction on cloud trends in the coming years.

Software as a service (SaaS) is approaching 30% of total application spend, compound annual growth rate hitting 17.6% between 2013 and 2018. On premise, by contrast, is at 2.8%. BVP also argues the ‘tipping point’ of cloud CRM will hit in 2016; by 2018, the VC firm expects cloud CRM to...

By James Bourne, 19 June 2015, 0 comments. Categories: Economy, IaaS, M&A, SaaS , Salesforce.

A 2015 roundup of analytics, big data and business intelligence forecasts

(c)iStock.com/alexsl

Despite the varying methodologies used in the studies mentioned in this roundup, many share a common set of conclusions. The high priority in gaining greater insights into customers and their unmet needs, more precise information on how to best manage and simplify sales cycles, and how to streamline service are common themes.

  • Salesforce (NYSE:CRM) estimates adding analytics and Business Intelligence (BI) applications will increase their Total Addressable Market (TAM) by $13B in FY2014.
  • 89%...

By Louis Columbus, 08 June 2015, 3 comments. Categories: Big Data, Data & Analytics, Enterprise, Research, Salesforce.

Oracle CTO Ellison slams Salesforce in cloud financial results discussion

(c)iStock.com/JasonDoiy

After 27 years at the top, it remains a slight culture shock to note Larry Ellison as Oracle’s chief technical officer. But despite this he’s still stealing the headlines, by telling analysts in an earnings call his belief that Oracle will sell more new SaaS and PaaS business than Salesforce in 2015.

As reported by Seeking Alpha, Ellison told...

By James Bourne, 20 March 2015, 0 comments. Categories: Economy, PaaS, Platform, SaaS , Salesforce, Software.

Salesforce delivers another billion dollar quarter, $5bn in annual revenue, shares skyrocket

Picture credit: Salesforce

Cloudy software provider Salesforce has announced its latest financial results, with $5.37bn (£3.46bn) in total annual revenue and another billion dollar quarter.

The results were in line with Wall Street’s expectations, with earnings per share at $0.14 and a year on year growth of 26.1%.

It certainly seems a long way since 2009, when Salesforce’s first billion dollar annual figures arrived, and late 2013, when the first billion dollar quarter arrived. CEO Marc...

By James Bourne, 26 February 2015, 0 comments. Categories: SaaS , Salesforce, Software.

AWS remains most popular enterprise cloud service, according to Skyhigh report

(c)iStock.com/scyther5

Amazon Web Services (AWS) remains the most popular enterprise cloud service, according to the latest quarterly report from Skyhigh Networks, while the number of cloud services used by firms continues to rise.

According to the report the average employee uses 27 apps at work, while the average number of cloud services in use per company was 897 in Q414, which compares favourably against 831 in Q3 and 626 in Q413. The biggest rise in app type was development, which saw a 97% spike in...

By James Bourne, 12 February 2015, 0 comments. Categories: Amazon, Collaboration, SaaS , Salesforce, Software.

Salesforce opens first UK data centre, more European expansion planned

Picture credit: Salesforce

It was first announced at the Salesforce1 World Tour back in May, but now Salesforce has finally launched its first UK data centre, with France and Germany on the hit list for the future.

“It sends a signal to the market about the seriousness and the strategic nature of this market to us,” commented Salesforce chief operating officer George Hu at the time. The...

By James Bourne, 31 October 2014, 0 comments. Categories: Big Data, Data & Analytics, Data Centres, Salesforce.