Salesforce could make more acquisitions in 2020, analysts say - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 52 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 24%
  • Publisher: 51%

Business News News

Business Business Latest News,Business Business Headlines

Here's what experts think is ahead for Salesforce in 2020: More acquisitions and the possibility of a massive leadership upheaval

We asked analysts how Salesforce will follow that act in 2020. In short, they're expecting to see the company continue to grow to meet those ambitious revenue targets, though some of that may come in the way of more mega-acquisitions.

Tableau is in many ways the antithesis of Salesforce, said Daniel Newman, an analyst at Futurum Research. While Salesforce was founded in the cloud, Tableau began as a traditional, on-premise software company. Another pressing question will be if Salesforce can"accelerate Tableau's growth by selling the product into Salesforce's large customer base," Koenig said."I think yet again, we're going to see Salesforce prove to the world that it's a very astute acquirer of innovative software companies," Brad Zelnick, an analyst at Credit Suisse, told Business Insider.

Some believe this could be the year where co-CEO and cofounder Marc Benioff steps away from his day-to-day role at the company — opening the door for a massive executive reshuffling.Marc Benioff is the public face of Salesforce, the company he's led as CEO since the day he helped found it in 1999. In the last few years, however, Benioff has become an outspoken activist on social and political matters.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Well I hope they have added it all in to the forcast part of thier system.....

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Joining a 'mastermind group' could help your business thrive in 2020 — here's how - Business InsiderBeing a solo entrepreneur is a daunting task — but joining a mastermind group can offer some vital support.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Samsung unveils its new all-screen 8K TV at CES 2020 - Business InsiderThe new Samsung 8K TV has a screen-to-body ratio of almost 99%, which means that the front of the TV is almost entirely screen. Don't me if it ain't OLED. GOAT.
Source: BusinessInsider - 🏆 729. / 51 Read more »

47 enterprise startups to bet your career on in 2020 - Business InsiderNew year, new you? 47 enterprise startups to bet your career on in 2020. Today is your last chance to get 20% off a 2020 subscription to Business Insider Prime (BIPrime).
Source: BusinessInsider - 🏆 729. / 51 Read more »

Mexico is a top neobank market to watch in 2020 - Business InsiderIn addition to its underbanked conditions, Mexico is a prime market for neobanks due to its favorable regulatory landscape and consumer demographics.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Cowen biotech surprises for 2020: Alexion patents, hemophilia treatments - Business Insider10 surprises that could rock biotech stocks in 2020, from a Regeneron acquisition, to big sales for key drugs on the cusp of launching
Source: BusinessInsider - 🏆 729. / 51 Read more »