Salesforce is on a steady climb toward a $10 billion revenue run rate. And while it’s not quite there yet, its recent, nearly $2.4 billion quarter puts it squarely in the neighborhood.
According to the company’s CEO, Marc Benioff, Salesforce’s revenue growth results give it “the fastest growth of any top [five] enterprise software company.”
It’s clear that Salesforce has been on a phenomenal revenue growth run the last five years. And investors, seemingly pleased with the results, have rewarded the company with new share price records this month.
All that begs a simple set of questions: What is driving growth at Salesforce, and can the company possibly sustain the run it has been on?