Ford partners with Salesforce to expand software business

The software service, called VIIZR, will be offered starting next year by the automaker's Ford Pro commercial vehicle and services unit. Based on Salesforce technology, the system will digitize paperwork for contractors, repair technicians and other trades people, and start at $39 per month per user, Ford said.

VIIZR customers don't have to drive Ford vehicles, but the target small-business market overlaps with a key market for Ford trucks and commercial vans.steadily recurring subscription revenue to supplement revenue from vehicle sales that can get hit by economic downturns or disruptions like the recent shortages of semiconductors.

Salesforce and other software-as-a-service companies tend to command higher stock valuations than manufacturers. Salesforce has a market capitalization of nearly $253 billion, compared to $76 billion for Ford. Ford said it will offer businesses free, trial use of the VIIZR system ahead of the launch in the first half of 2022.Reporting By Joe White Editing by Nick ZieminskiSubscribe for our daily curated newsletter to receive the latest exclusive Reuters coverage delivered to your inbox.

Ew. salesforce not a cute look for y’all, at all — Ford is a KNOWN supporter of many MANY negative causes, largely ones that have to do with breaking up gay marriage, ending open immigration, amongst other things. If corporations really ARE to be treated as ppl, Ford 👎🏼 0/10…

$NVAX nvax Novavax novavax UP 28% 🤑 CNBC CNBC

Hi ! let's do it together - ESG blockchain revolution - technological, social, evolutionary: transformation scheme based on the example of the carbon credits market

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

Known For Its Startup Data, Crunchbase's Software Business Is Quietly Making MillionsThe startup expects 80 million visitors to its website next year but the enterprise software it's been building has it on track to record $38 million in ARR this year. diversity tracking metrics and trends - I will do no business with them. $NVAX 17% novavax NVAX Novavax Reddit wallstreetbets wsbmod RobinhoodApp
Källa: Forbes - 🏆 394. / 53 Läs mer »

Cloud stocks have been crushed. Here's how Jim Cramer would invest in a potential reboundInvestors should focus their attention, for now, on those with 'reasonable valuations' such as Salesforce and VMWare, the 'Mad Money' host said.
Källa: CNBC - 🏆 12. / 72 Läs mer »