Salesforce passes the $20 billion milestone; onwards to $50 billion with a new business operating model in play
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Summary:
Salesforce comfortably crashed through its long-standing revenue target. The next step is faster growth powered by a work from anywhere model, according to CEO Marc Benioff and team.
(Analyst calls COVID-style - (L-R Patterson, Taylor and Benioff )
Despite the inevitable distraction of a global pandemic, this was always going to be the year that Salesforce delivered on one of its biggest targets and became a $20 billion revenue company.
In the event, it passed that tipping point comfortably, turning in full year fiscal 2021 revenues of $21.25 billion, prompting CEO Marc Benioff to set out the next goal is $50 billion for fiscal year 2026: