Salesforce Q2 FY21 Earnings – Beat Expectations and Raised Guidance

Insights for IT Negotiations

Salesforce had another strong quarter, surpassing $5B in quarterly revenue for the first time. Salesforce posted impressive revenue growth across all of its clouds (Sales Cloud, Service Cloud, Platform & Other as well as Marketing and Commerce Cloud). It capitalized on retailers’ increased need to rely on online sales channels during the pandemic, resulting in Commerce Cloud revenue growing 89% in the quarter. Salesforce also raised full year revenue guidance indicating a stronger-than-expected pipeline and confidence to increase customer spend profiles. In this podcast, Salesforce Practice Leader, Adam Mansfield, discusses what enterprises should expect from Salesforce moving forward as they look to meet and exceed raised full year revenue guidance. He also shares how enterprises can take advantage of key insights from the earnings call in their upcoming negotiations and renewals. Host: Adam Mansfield: https://bit.ly/3rPGp8r SalesForce Commercial Advisory Services: https://bit.ly/37hFkMV