The San Francisco startup customizes Salesforce's service for companies in five industries, including telecommunications and health care.
With Salesforce's cloud-based service supplanting traditional CRM software, Schmaier was convinced there was an opportunity to repeat what he'd done decades before. In 2007, some of his former colleagues had formed That's a big advantage for Vlocity and its customers, said Rebecca Wettemann, an analyst at Nucleus Research who covers the CRM market.
"Salesforce by itself without industry templates will cost the companies too much on customization, implementation will be too long and the total cost of ownership will not be competitive," Huang said.While Vlocity isn't exactly a household name, it's already caught the attention of investors. The company has raised more than $160 million in venture funding to date.
When considering potential investments, Wildcat Venture Partners evaluates them on four key criteria, or pillars — their product, revenue, business systems, and executive team, said founding partner Bruce Cleveland. Schmaier put together a team that's not only has deep experience in the industry but also with fast-paced growth, Cleveland said.
Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen:
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Huawei in bid to grow enterprise business amid scrutiny on key telecoms segmentHuawei Technologies unveiled on Wednesday a new database management system, in a...
Herkunft: Reuters - 🏆 2. / 97 Weiterlesen »
Small Business Are Having A Bigger Impact On Job Creation Than Large CorporationsHigh impact small businesses and startups are creating new jobs in the American economy. Early-stage startups and large companies not as much. Our job-creation strategies must reflect that. Isn’t this typical? Man lands on the moon! ;) heartmade4uonly supportsmallbusiness
Herkunft: Forbes - 🏆 394. / 53 Weiterlesen »
Tariffs Put a Dent in the Bicycle BusinessChina accounted for 94% of the 15.3 million bikes imported to the U.S. in 2017. Higher tariffs mean more pain for the already struggling industry. Well lookie there. I guess the tariffs have opened up a new business opportunity for some lucky go getter to corner the market here in the US. Bikes or bike parts? My understanding is many if not most bikes are assembled here. Anyone know?
Herkunft: WSJ - 🏆 98. / 63 Weiterlesen »
Blacklist mess: Huawei's $105 billion business at stake after U.S. broadsideThe latest U.S. broadside against Huawei that puts the Chinese firm on an export... Don’t worry, Huawei spend many years to prepare for this day. Come on, you know the “ban” won’t be taken in effect because he using it to “make a deal”. He’s losing the trade war and needs some leverage in win. U.S. should take reciprocal approach. China has already forbidden Google/Facebook/YouTube/Twitter. Next let kick Alibaba out of this country.
Herkunft: Reuters - 🏆 2. / 97 Weiterlesen »