Exam Code: Salesforce-Certified-Business-Analyst Practice exam 2022 by Killexams.com team
Salesforce Certified Business Analyst
Salesforce Salesforce outline
Killexams : Salesforce Salesforce outline - BingNews https://killexams.com/pass4sure/exam-detail/Salesforce-Certified-Business-Analyst Search results Killexams : Salesforce Salesforce outline - BingNews https://killexams.com/pass4sure/exam-detail/Salesforce-Certified-Business-Analyst https://killexams.com/exam_list/Salesforce Killexams : Salesforce to expand Sustainability Cloud into full ESG reporting tool

Salesforce has always fashioned itself as a socially responsible company, and that includes working on a Net Zero carbon emissions goal. In fact, it launched Sustainability Cloud in 2019, a product for tracking customer Net Zero goals. This year, they are taking that idea a step further with a new product that incorporates not only the environmental pieces, but also social and governance goals, all of which fall under the ESG umbrella.

Ari Alexander, GM for Salesforce Net Zero Cloud and Net Zero Marketplace says that the idea is to take advantage of the range of Salesforce tooling from Mulesoft for connecting to data sources to Tableau for data visualization to help companies better understand their progress towards ESG goals.

“ESG is a broad and very important trend where our customers are looking for help, direction and solutions, and increasingly we started hearing that they needed help with reporting, both voluntary and regulatory,” he said.

The amount of information required to build such reports can be a daunting task for those charged with the reporting requirements. “The solution needed to reach across their business to bring in data from many different sources and streamline their reporting. And so we decided it was time to kind of bring the full power of Salesforce to that problem and extend our Net Zero Cloud to broaden into a full ESG solution.”

ESG reporting is challenging in its current state, particularly because there is no common regulatory reporting framework for all of this data, other than for greenhouse gas reporting. “Whereas the E part of ESG has the Greenhouse Gas Protocol to guide it, that’s a fairly well aligned as a global standard, when it comes to ESG reporting, that is very much still an alphabet soup of voluntary frameworks,” Alexander said.

What’s more, the regulatory bodies that are there are changing their requirements frequently, and it is expected that there will be in-country requirements in the not-too-distant future.

“So the specific kinds of data that we’re talking about whether it’s emissions data, whether it’s diversity, equity and inclusion data, whether it’s data about, suppliers and whether there are any kind of human rights flags or abuses anywhere deep in your supply chain, the kinds of things that companies are collecting or looking to put in one place and one single source of truth and report out on. There isn’t yet a clean and easy way to say this is good data or this is bad data on an unstructured data set [like this],” he said.

He says, the data can be reported to third-party auditors, however, and the tool is set up to allow that. “There is increasingly pressure on companies to take the data they’re reporting out more seriously, to provide some of the kinds of audit trails, so the Big Four audit firms can come in and look at enterprise data and have a point of view on whether the data that’s being shown to them is up to a certain standard when it comes to workflows and processes, transparency and being able to explain how you get to the kinds of numbers you report out on,” he said.

The full ESG reporting product is expected to be publicly available in the next couple of months.

Salesforce to expand Sustainability Cloud into full ESG reporting tool by Ron Miller originally published on TechCrunch

Wed, 07 Dec 2022 23:23:14 -0600 en-US text/html https://www.msn.com/en-us/news/technology/salesforce-to-expand-sustainability-cloud-into-full-esg-reporting-tool/ar-AA152XjF
Killexams : Salesforce: Curb Your Enthusiasm
Salesforce To Purchase Popular Messaging Platform Slack For 27 Billion

Stephen Lam

Salesforce (NYSE:CRM) has been in the public eye for a long time, but only recently has it popped into the windows of value investors, as its stock was chronically overvalued. CRM stock is now trading at close to half of its 52-week high, losing well over $100 billion in equity market cap over the past 12 months. In this article, I highlight why the stock remains unattractive despite the big decline, so let's get started.

Why Salesforce?

Salesforce's flagship product, Sales Cloud, has been helping businesses of all sizes to manage their customers better for many years. It offers powerful features that enable users to track customer interactions and insights, create targeted campaigns, and close deals faster.

Along with its CRM offering, Salesforce also provides an array of cloud-based services for enterprise apps such as marketing automation, analytics, customer service, and ecommerce. By leveraging these services, businesses can Boost their operations and better serve their customers. Salesforce has also developed a suite of mobile apps that enable users to access their data on the go. This makes it easier for businesses to stay connected with their customers wherever they may be.

Salesforce holds a strong edge in the CRM space, as its brand recognition and customer base is unparalleled. This is reflected by industry analyst IDC recently ranking Salesforce number one in CRM for the ninth year in a row. This makes Salesforce a virtual "cash minting machine", as its positioning enables it to charge premium prices for its services, giving way to strong margins. As shown below, Salesforce scores an A+ grade for profitability, with sector leading gross and FCF margins of 73% and 32%, respectively.

crm stock

Salesforce Profitability (Seeking Alpha)

Recent Results

Salesforce continues to demonstrate growth, with revenue rising by 14% YoY to $7.8 billion during its fiscal third quarter (ended Nov. 30). Like most U.S. multinational companies, a stronger U.S. dollar has resulted in currency headwinds, as revenue growth excluding effects grew by a stronger 19% YoY.

One concern is the decline in current remaining performance obligations, which grew by 15% YoY in constant currency, below the pace of revenue growth. Management admitted to a slowing demand for its products due to "challenging trends in customer behavior", and is guiding for just 7 to 10% YoY CRPO growth for the fiscal fourth quarter.

Wolfe Research recently downgraded Salesforce to peer perform, and removed its price target. A Seeking Alpha report noted his research comments:

While the macro is impacting nearly every company under coverage, we see Salesforce being particularly impacted as Covid pull-forward, execution missteps & M&A misfires have created meaningful idiosyncratic headwinds," Zukin wrote in a note to clients.

Zukin added that Salesforce (CRM) is likely going to have to make "very significant incremental cuts" to get its margins needed to be to what investors would expect from a company generating "high single or low-double digit growth."

Zukin noted that other software companies with significant size, such as Microsoft (MSFT), Oracle (ORCL) and Adobe (ADBE), have operating margins of 40% or more and GAAP earnings, while Workday (WDAY) and ServiceNow (NOW) are still expected to grow revenue at 20% next year. Salesforce (CRM) has neither of those characteristics, Zukin explained.

Buybacks Have Low Appeal

It appears that Salesforce is opening the playbook of a mature company by implementing buybacks. This includes 11 million shares repurchased during the third quarter for $1.7 billion, and a newly implemented $10 billion buyback program.

While buybacks are an efficient return of capital from a tax perspective, I simply don't see how it would be very accretive to shareholders at the current price of $144.56 with a forward PE of 30. This equates to a low 3% earnings yield on every dollar spent on share repurchases, and implies that management is short of growth opportunities with which to deploy capital.

Founder Dependency

Perhaps more headline grabbing than the slowing CRPO is the recently announced departure of co-CEO Bret Taylor, who is slated to leave by the end of January. This would make founder Benioff again the sole CEO. This is reminiscent of Starbucks (SBUX), which has been the poster child of founder dependency, with Howard Schultz returning to the helm on multiple occasions. While founder Marc Benioff is undoubtedly a visionary, it remains to be seen whether if another person is worthy of carrying forward the baton.

Valuation

Lastly, I view Salesforce as being undervalued at the current price of $145 with a forward PE of 30. That's because I'm generally wary of companies trading at such a high PE, and the slowdown in the CRPO doesn't provide much comfort. I would find Salesforce to be more attractive at a 25x PE, which translates to a price of $123. This price would bake in a more tempered level of growth going forward.

Investor Takeaway

Salesforce is a great company with an impressive track record of growth, but there are some areas of concern that investors should be aware of. Specifically, current remaining performance obligations have been slowing down, the buyback program may not be as accretive to shareholders as expected and Benioff's return to sole CEO places more burden on his decision-making. Given these concerns, I don't find the stock to be attractive at present, and would look for more attractive entry points down the road.

Fri, 02 Dec 2022 21:01:00 -0600 en text/html https://seekingalpha.com/article/4562130-salesforce-stock-curb-your-enthusiasm
Killexams : Vonage Launches Salesforce Shield Security for Vonage Contact Center No result found, try new keyword!Von age, a global leader in cloud communications helping businesses accelerate their digital transformation, today announced the availability of Salesforce Shield for Vonage Contact Center (VCC) and ... Wed, 07 Dec 2022 23:43:00 -0600 en-US text/html https://technews.tmcnet.com/news/2022/12/08/9727029.htm Killexams : Salesforce stock plumbs depths not seen in almost three years as executive changes add up
Salesforce To Purchase Popular Messaging Platform Slack For 27 Billion

Stephen Lam/Getty Images News

Investors' enthusiasm for Salesforce (NYSE:CRM) remained low on Wednesday as the cloud-based business-software company's shares continued to slide and dropped to a point not touched in almost three years.

Salesforce (CRM) fell to as low as $130.02 a share--the stock's lowest point since slumping to $128.86 on March 19, 2020--and is now down by almost 50% this year.

A combination of factors has hit Salesforce (CRM) of late, including a fourth-quarter revenue outlook last week that suggested weak growth and a challenging year ahead in 2023.

But, just as concerning to Wall Street has been a spate of executive departures that have shaken up Salesforce's (CRM) management ranks.

Along with Salesforce's (CRM) earnings results and outlook, co-Chief Executive Bret Taylor said he would leave the company at the end of January. Then, just this week, Slack boss and co-founder Stewart Butterfield said he would leave the company that Salesforce (CRM) acquired in a $27B deal in 2021. Butterfield's departure announcement came on the heels of Tableau CEO Mark Nelson saying on December 2 that is leaving would leave the company.

Speaking at a UBS tech conference on Tuesday, Salesforce (CRM) Chief Financial Officer Amy Weaver stressed that even though "people love to try to connect the dots," the departures of Taylor and Butterfield, in particular, "are either completely unrelated events."

Wed, 07 Dec 2022 04:10:00 -0600 en text/html https://seekingalpha.com/news/3915002-salesforce-plumbs-depths-not-seen-in-almost-two-years-as-executive-changes-add-up?source=content_type%3Areact%7Cfirst_level_url%3Amarket-news%7Csection_asset%3Amain
Killexams : What the heck happened to Salesforce?

New York CNN Business  — 

Tech stocks have taken a nasty tumble this year, but some are doing even worse than others. Exhibit A: software giant Salesforce.

Shares of Salesforce (CRM) have plunged about 40% so far in 2022. That makes it the second-worst performer in the Dow, trailing only chip leader Intel (INTC). Salesforce (CRM) has lagged the performance of top cloud software rivals such as Microsoft (MSFT), Germany’s SAP (SAP) and Oracle (ORCL).

Salesforce isn’t really doing all that badly. In fact, the company reported sales growth of 22% from a year ago back in August, but it also cut its revenue and profit forecasts at the time.

Salesforce said it now expects earnings per share of about $1.20 to $1.21 for this quarter and sales of $7.82 billion to $7.83 billion. Analysts had been expecting earnings of $1.29 a share and revenue of nearly $8.1 billion.

So is Salesforce, led by co-CEOs Marc Benioff and Bret Taylor, due for a comeback in 2023? Or will the company remain in Wall Street’s penalty box as it absorbs and integrates a series of expensive acquisitions over the past few years?

Salesforce has spent nearly $50 billion since 2018 to buy application software company MuleSoft, data visualization software leader Tableau and workplace productivity suite Slack. The Slack deal cost Salesforce about $28 billion.

Investors will get an update on how all these deals are panning out when Salesforce reports its latest earnings after the closing bell Wednesday. Analysts are predicting that sales will be up 14% from a year ago but profits will fall slightly.

Salesforce president and chief financial officer Amy Weaver conceded during an analyst meeting in September that “we have seen increased risks and uncertainties” in recent months. But she stressed that demand for the company’s software remains strong.

A majority of Wall Street analysts remain bullish on Salesforce. According to data from Refinitiv, 40 of the 50 analysts that cover the company have a “buy” rating on the stock. (The remaining 10 have a “hold.” There are no “sell” recommendations.)

And the consensus price target for the stock is nearly $216 a share, 40% higher than current levels.

Still, analysts are likely to have questions about what’s next for Slack under Salesforce’s ownership. Microsoft has stepped up its own competitive efforts versus Slack with its Teams product.

“Microsoft Teams continues to be the gorilla in the room, indicating that existing customers of Salesforce have been less responsive to picking up Slack,” said Daniel Morgan, senior portfolio manager with Synovus Trust Company, in a report. “Mounting competition from Teams and increasing pricing pressure create some headwinds.”

Tue, 29 Nov 2022 02:24:00 -0600 en text/html https://www.cnn.com/2022/11/29/investing/salesforce-stock-earnings/index.html
Killexams : Slack’s Butterfield to Leave Salesforce in Exodus of Leaders

(Bloomberg) -- Stewart Butterfield, chief executive officer of Salesforce Inc.’s Slack, is leaving after less than two years, another blow to the software giant that has been roiled by an executive exodus in recent weeks.

Most Read from Bloomberg

Two other veteran Slack executives also will depart, the company said Monday, shaking up the division that Salesforce purchased in July 2021 for more than $27 billion in its largest acquisition.  

Slack Technologies Inc. Holds Launch Event For Slack Enterprise © Source: David Paul Morris/Bloomberg Slack Technologies Inc. Holds Launch Event For Slack Enterprise

Butterfield’s resignation follows the news last week that Salesforce co-CEO Bret Taylor would step down from the post at the end of next month. Butterfield, who was seen as a possible successor to Taylor, also will exit in January, the company said. Both men were credited as lead negotiators in the deal announced in December 2020 that brought the business communications platform into Salesforce.

In a memo to staff, Butterfield said his departure is unrelated to Taylor’s. “Planning has been in the works for several months,” Butterfield wrote. “Weird timing!” Slack Chief Product Officer Tamar Yehoshua and Senior Vice President Jonathan Prince will also leave the company, Butterfield wrote. 

Butterfield “is an incredible leader who created an amazing, beloved company in Slack,” a Salesforce spokesperson said. “He has helped lead the successful integration of Slack into Salesforce.” Salesforce, the top maker of customer relations management software, declined to comment on the departures of Yehoshua and Prince. Insider earlier reported Butterfield’s exit.

Lidiane Jones will succeed Butterfield as CEO at Slack, the spokesperson said. Jones most recently served as executive vice president of Salesforce’s experience cloud, commerce cloud and marketing cloud units and worked for Sonos Inc. and Microsoft Corp. before joining Salesforce in 2019. Butterfield was “instrumental in choosing” her as the next CEO, the spokesperson said. 

In his memo, Butterfield praised Jones, writing that she “has a deep respect for our approach to product, our customer obsession, and our unique culture” at Slack, and has “enormous credibility inside of Salesforce.”

Key Speakers at The 6th Edition of The Vivatech Conference © Bloomberg Key Speakers at The 6th Edition of The Vivatech Conference

Butterfield’s exit “is a risk for the company, given other high-profile executive departures in the past few months,” Anurag Rana, a senior analyst at Bloomberg Intelligence, wrote in a note. “This could put additional pressure on CEO and founder Marc Benioff to assure investors that the company still has a deep bench of leaders that can revive organic growth, which has seen steady decline in the past few quarters.”

The stock fell 7.4% to $133.93 in New York -- its lowest closing price since March 2020. The shares have tumbled 47% this year.

Salesforce is struggling with slowing growth and increasing pressure from investors to Boost profit. The company last week projected revenue would increase 8% to 10% in the current period — which would be the smallest year-over-year gain since Salesforce went public in 2004.

Salesforce also has been working to further integrate other large acquisitions, Mulesoft and Tableau, into a cohesive platform of services. Tableau, which Salesforce bought in 2019 for $15 billion, has seen a similar thinning of executive ranks recently. On Friday, Mark Nelson, the CEO of the unit, announced he would exit the company, about a year and a half after Adam Selipsky, who ran Tableau at the time of the Salesforce’s purchase, departed to lead Amazon.com Inc’s cloud-computing division. Tableau Chief Marketing Officer Jackie Yeaney and Chief Data Officer Wendy Turner-Williams also left in recent months, according to their LinkedIn biographies.

Butterfield, 49, who is a co-founder of Slack, said his time at the company since it started more than 13 years ago has been “a long and wild run,” and, unlike Taylor, he isn’t leaving to return to his entrepreneurial roots.

“Though it may sound hackneyed, I actually am going to spend more time with my family,” he wrote in his memo. “We have a new baby coming in January. Can I tell you something? I fantasize about gardening. So, I’m going to work on some personal projects, focus on health, and try to learn as many new things as I can.”

(Updates with closing share price in the ninth paragraph.)

Most Read from Bloomberg Businessweek

©2022 Bloomberg L.P.

Mon, 05 Dec 2022 07:12:59 -0600 en-US text/html https://www.msn.com/en-us/money/other/slack-s-butterfield-to-leave-salesforce-in-exodus-of-leaders/ar-AA14VQLl
Killexams : Odaseva Launches MSP Program For Salesforce Data Protection

Managed services News

Joseph F. Kovar

‘MSPs are where the real rubber hits the road. MSPs working with Salesforce already understand customer need and the gaps in the coverage. MSPs are still a small part of the overall Salesforce channel ecosystem, but it is the fastest-growing part. Salesforce has an MSP program to support that motion. We felt we should take advantage of the MSP wave,’ says Matt Morris, Odaseva’s vice president of alliances.

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Matt Morris

Odaseva, a developer of enterprise data protection technology for the Salesforce ecosystem, recently launched its first MSP partner program aimed at helping channel partners provide new services for their Salesforce customers.

Odaseva is an ISV partner in the Salesforce ecosystem with a focus on data lifecycles, backups, and business continuity filling what has become a big gap when it comes to customers working with Salesforce, said Matt Morris, vice president of alliances for San Francisco-based Odaseva.

“Salesforce customers assume their data is protected in the cloud, and it is,” Morris told CRN. “But there’s no backstop if an administrator deletes a file. Also, Salesforce is often set up outside a customer’s corporate IT infrastructure. And the Salesforce platform is unique with idiosyncrasies that we understand.”

[Related: CDI Bets Big On Salesforce, ServiceNow With Candoris Buy ]

The move to build an MSP partner program is important for Odaseva and its channel, Morris said.

“We recognize that every company we go to has channel partners embedded in them,” he said. “The partners understand those customers well. We built our platform as a way for MSPs to add to their toolbox. We know partners are the way to go. We want to make it easier for them.”

While up to 60 percent of Odaseva’s business is touched by or influenced by, the company previously had no formal channel program, and realized that it really does need one, Morris said.

“MSPs are where the real rubber hits the road,” he said. “MSPs working with Salesforce already understand customer need and the gaps in the coverage. MSPs are still a small part of the overall Salesforce channel ecosystem, but it is the fastest-growing part. Salesforce has an MSP program to support that motion. We felt we should take advantage of the MSP wave.”

Odaseva, whose name combines “oda” from the French word “audace,” or bold and daring, with “seva,” a Sanskrit word meaning “selfless service,” reflects the French-Cambodian ancestry of the company‘s CEO and founder, Sovan Bin. The company, founded about 10 years ago, in early 2019 received an $11.7 million investment from Salesforce.

Salesforce, and protecting data in the Salesforce ecosystem, is by no means a niche market, said Scott Richmond, Salesforce alliance and relationship lead at UST, a $2.5-billion Aliso Viejo, Calif.-based solution integrator and ISV with a focus on the vendor.

“Salesforce customers are their own data repositories,” Richmond told CRN. “Salesforce doesn’t keep their data. We specialize in healthcare, where there’s almost a breach a week, according to Becker’s Hospital Review. And healthcare companies pay a lot for ransomware or clean-up.”

Salesforce offers a data protection technology called Salesforce Shield, but Odaseva goes far above and beyond the Salesforce offering, Richmond said. “Odaseva is much more comprehensive,” he said.

While Odaseva has the product, it is looking for implementation partners, Richmond said.

“We have strong expertise in this area, and have the necessary resources on-shore and off-shore,” he said. “I can put a team together in three to four weeks to implement a project for a client.”

Odaseva is focused 100 percent on the Salesforce market, Morris said.

“There’s a lot of room for growth in this space,” he said. “Salesforce is a nuanced platform, and so requires a degree of expertise. And it’s hard to find a company of significant size that doesn’t have Salesforce.”

Odaseva’s new MSP program is a global program with no cost for MSPs to enter, Morris said. The company is offering MSPs a straightforward learning path.

“We’re not teaching partners how to do specific things,” he said. “We’re offering a string or processes to help partners support specific use cases for their customers.”

Joseph F. Kovar

Joseph F. Kovar is a senior editor and reporter for the storage and the non-tech-focused channel beats for CRN. He keeps readers abreast of the latest issues related to such areas as data life-cycle, business continuity and disaster recovery, and data centers, along with related services and software, while highlighting some of the key trends that impact the IT channel overall. He can be reached at jkovar@thechannelcompany.com.

Thu, 01 Dec 2022 14:23:00 -0600 en text/html https://www.crn.com/news/managed-services/odaseva-launches-msp-program-for-salesforce-data-protection
Killexams : Veeam Announces Veeam Backup for Salesforce on Salesforce AppExchange, the World's Leading Enterprise Cloud Marketplace

Veeam’s customers can now benefit from a NEW Veeam solution which offers access and control of Salesforce data and metadata, enabling quick recovery from data loss scenarios

COLUMBUS, Ohio, November 30, 2022--(BUSINESS WIRE)--Veeam® Software, the leader in Modern Data Protection, today announced it has launched the NEW Veeam Backup for Salesforce on Salesforce AppExchange which eliminates the risk of losing Salesforce data and metadata due to human error, integration issues and other data loss scenarios.

Integrated directly with Salesforce, Veeam Backup for Salesforce is currently available on AppExchange at https://appexchange.salesforce.com/listingDetail?listingId=a0N3u00000PuyFpEAJ&tab=e.

Veeam Backup for Salesforce

This new solution from Veeam — a market leader in Modern Data Protection — enables organizations to deploy a backup environment either on-premises or in the cloud, providing access and control of Salesforce data and metadata. It also provides powerful, rapid-recovery capabilities for IT departments and Salesforce administrators, including granular and bulk data recovery of Salesforce records, hierarchies, fields, files and metadata. This new offering builds on the success of Veeam Backup for Microsoft 365, extending Veeam’s enterprise-grade platform to another industry-leading SaaS environment.

Whether a mistake with a script, data loader or an integration issue, the simple and easy-to-use user interface (UI) of Veeam Backup for Salesforce helps users resolve issues and retrieve data in just a few clicks — without executing additional backups, running long, full-backup comparisons or causing duplicates.

Key capabilities of Veeam Backup for Salesforce include:

  • Salesforce native: Purpose-built to create backups and restore Salesforce data and metadata

  • Fast and flexible recovery: Restore Salesforce records, hierarchies, fields, files and metadata

  • Secure data: Run a backup environment anywhere — on-premises or in the cloud (AWS, Azure, etc.)

  • Custom scheduling: Set granular backup schedules and retention settings at the object level

  • Simplified management: Manage several Salesforce instances from one console

  • Incremental changes: Continuously create backups with incremental sync and flexible scheduling for Salesforce data

  • Simple and easy-to-use UI: Run backup policies and restore jobs in minutes

  • See and compare: See versions of records and metadata and quickly compare with production

  • Restore hierarchy: Granularly restore linked objects to any record, including parent/child records

Conducted on Veeam’s behalf by an independent research firm, the Veeam Salesforce Protection Trends Report 2022 surveyed 800 unbiased IT leaders and implementers around the world. This report found that the majority of IT professionals acknowledge that the most important reason to protect Salesforce data is the potential for a bad import or ingest of data. The remaining reasons are consistent with the same breadth of risks that face other IT platforms, including: best practices and regulatory mandates, cyber security concerns and errors caused by users, the application(s) or the data repositories (corruption).

Veeam is also releasing a FREE version of this solution: Veeam Backup for Salesforce Community Edition. Community Edition provides fully functional FREE backup and recovery of Salesforce data for organizations with 50 Salesforce user licenses or less.

Veeam Backup for Salesforce is a separate standalone product that is a new addition to the Veeam Platform. Available today from our 35,000+ technology partners, it’s sold in one- to five-year annual subscriptions per user. Veeam is currently offering two 12-month introductory packages:

  • Up to 300 users for $2,000 USD

  • Unlimited users for $10,000 USD

Comments on the News

  • "With so many companies’ employees now working in a hybrid model, protecting cloud and SaaS data is more important than ever," said Danny Allan, CTO and senior vice president of Product Strategy at Veeam. "In fact, the Veeam Salesforce Protection Trends Report 2022 showed that 97% of respondents understand the criticality and need to protect top SaaS applications like Salesforce and Microsoft 365 data, yet backup of these applications has historically been the most overlooked by IT, resulting in vulnerabilities, security risks, data loss and corruption. In truth, there is a shared responsibility between any cloud application and the business using SaaS applications — but it is the company’s responsibility to be in control of their data. With our NEW Veeam Backup for Salesforce, we’re ready to support our customers and partners to ensure their business is reliably protected with intelligent backup powered by Salesforce APIs."

  • "Veeam Backup for Salesforce is a welcome addition to AppExchange, as they power Digital Transformation for customers by providing the ability to back up and recover Salesforce data and metadata in the cloud and on-premises," said Woodson Martin, GM of Salesforce AppExchange. "AppExchange is constantly evolving to connect customers with the right apps and experts for their business needs."

  • "Our research clearly shows that there are many ways to lose mission-critical SaaS data. Due to a SaaS application backup ‘disconnect’ among end users, many organizations are not in a position to reliably and consistently recover this data. An innovative product offering that provides a reliable SaaS backup and recovery for Salesforce is critical to allow organizations to be in control of stringent data protection service-level agreements across the business." – Christophe Bertrand, Program Director, ESG

  • "There is no denying the fact that there is no state of absolute data protection. Salesforce backup is another superlative initiative from Veeam. If critical information is safe, the better it is for any organization. I am personally immensely excited, as Veeam Backup for Salesforce will allow smooth integration scenarios and integrity of metadata." – Aleh Sadaunichy, Infrastructure Solutions Architect, Lyreco

About Salesforce AppExchange

Salesforce AppExchange, the world’s leading enterprise cloud marketplace, empowers companies, developers and entrepreneurs to build, market and grow in entirely new ways. With more than 7,000 listings, 10 million customer installs and 117,000 peer reviews, AppExchange connects customers of all sizes and across industries to ready-to-install or customizable apps and Salesforce-certified consultants to solve any business challenge.

Additional Resources

Salesforce, AppExchange and others are among the trademarks of salesforce.com, inc.

About Veeam Software

Veeam® is the leader in Modern Data Protection. The company provides backup, recovery and data management solutions through a single platform for Cloud, Virtual, Physical, SaaS and Kubernetes environments. Veeam customers are confident their apps and data are protected from ransomware, disaster and harmful actors and always available with the most simple, flexible, reliable and powerful platform in the industry. Veeam protects 450,000 customers worldwide, including 81% of the Fortune 500 and 70% of the Global 2,000. Headquartered in Columbus, Ohio, with offices in more than 30 countries, Veeam’s global ecosystem includes 35,000+ technology partners, resellers and service providers and alliance partners. To learn more, visit https://www.veeam.com or follow Veeam on LinkedIn @veeam-software and Twitter @veeam.

View source version on businesswire.com: https://www.businesswire.com/news/home/20221130005054/en/

Contacts

Veeam Software
Director, Global Public Relations
Heidi Monroe Kroft, 614-339-8200 x8309

Wed, 30 Nov 2022 12:17:00 -0600 en-US text/html https://finance.yahoo.com/news/veeam-announces-veeam-backup-salesforce-141000750.html
Killexams : We understand why Salesforce's Benioff went to such great lengths to keep co-CEO Taylor

Salesforce's (CRM) Marc Benioff tried "everything he could" to convince Bret Taylor to remain at the enterprise software maker as co-CEO, Jim Cramer said Thursday, but those efforts were unsuccessful. The roughly 10% decline in shares can be largely attributed to the potential risk around such a key player leaving the organization, but it does not change our long-term view on the company.

Thu, 01 Dec 2022 04:03:00 -0600 en text/html https://www.cnbc.com/2022/12/01/cramer-on-benioffs-efforts-keep-salesforce-co-ceo-taylor-from-leaving.html
Killexams : Salesforce stock falls over 5% on earnings and sudden departure of co-CEO Bret Taylor

Salesforce cofounder and co-CEO Marc Benioff speaks during the grand opening of the Salesforce Tower, the tallest building in San Francisco, Calif., Tuesday, May 22, 2018.

Karl Mondon | Bay Area News Group | Getty Images

Salesforce reported earnings and revenue on Wednesday that beat analyst expectations. It also announced that co-CEO Bret Taylor is stepping down. CEO and Salesforce co-founder Marc Benioff will the be sole person in charge of the company.

Salesforce stock fell over 6% in extended trading.

Here's how the company did versus Refinitiv consensus estimates for the quarter ending in October:

  • EPS: $1.40, adjusted, versus $1.21 expected by analysts
  • Revenue: $7.84 billion versus $7.82 billion expected by analysts

Salesforce said it expected between $7.9 billion to $8.03 billion in revenue in the company's fourth fiscal quarter, lower at the midpoint than analyst expectations of $8.02 billion in sales in the fourth quarter. The company also said it would take a $900 million hit in sales because of foreign currency effects.

Salesforce stock drop a knee-jerk reaction on leadership change, says Wedbush's Dan Ives

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Salesforce's total revenue increased 14% year-over-year. Last quarter, Salesforce trimmed its year-end estimates for both revenue and earnings, citing a weaker economic cycle. It reaffirmed those estimates on Wednesday.

Salesforce said that its operating cash flow came in at $313 million for the quarter, which was a decrease of 23% year-over-year.

Subscription and support revenue, which includes the company's flagship Sales Cloud software and comprises the majority of the company's sales, came in at $7.23 billion, which was up 13% year-over-year.

The Platform and Other category that includes Slack reported $1.51 billion in sales, an 18% increase year-over-year.

Salesforce spent $1.7 billion on share repurchases during the quarter, the company said.

Wed, 30 Nov 2022 10:03:00 -0600 en text/html https://www.cnbc.com/2022/11/30/salesforce-crm-earnings-q3-2023.html
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