Salesforce reports revenues of over $330 million

Cloud computing evangelist Salesforce.com has reported massive profits for its third quarter of fiscal year 2009.

revenues up

Salesforce has announced huge profits for the third quarter of this fiscal year.

At its Dreamforce conference being held this week in San Francisco, the company reported revenues exceeding $331 million (198 million) for the third quarter - a growth of 20 per cent compared to the same period last year - mostly down to subscriptions and support revenues.

The company has predicted even larger revenues of between $340 million to $342 million for the next quarter.

Marc Benioff, chairman and chief executive of Salesforce, said during his keynote speech at Dreamforce: "We now have almost 70,000 companies like you on our systems across the world with some of the largest most important companies in the world [e.g. EMC, VMware, Cisco]."

"It is amazing what is happening [with cloud computing]," he added.

Noting that there were over 19,000 delegates in attendance at the conference from 60 countries around the world, Benioff concluded: "The attendance is definitely a sign that something is happening here in the software industry... that will allow us to all come together, to all see the future, to understand it and create it."

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