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The Future 50

David Paul Morris—Bloomberg via Getty Images

10

Salesforce

CRM

The longtime leader in the enterprise cloud space—and the top scorer in last year’s ­Future 50—took another significant leap forward this May with its $6.5 billion ­acquisition of MuleSoft, an application integration platform. Tech strategists surmise that Salesforce will use MuleSoft tools, which tout many global brands as customers, to more easily integrate other services provided by cofounder Marc ­Benioff’s company. All four of Salesforce’s core cloud product offerings continue to see growth, and analysts estimate that the company will increase revenue as much as 23% annually in the near term. Profits remain slender, amounting to about 6% of Salesforce’s $12 billion in sales over the last 12 months. But the company is successfully increasing its cash flow, which jumped 38% in the second quarter of 2018.

CORRECTION: An earlier version of this post erroneously attributed analysts’ estimates of Salesforce’s future revenue growth to BCG.

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Overall Score

4.1

Sector

Technology

Industry

Software

CEO

Marc R. Benioff/Keith G. Block

Employees

32,717

HQ Location

San Francisco

Revenues ($M) (Past 12 Months)

$11,793

Profits ($M) (Past 12 Months)

$724

Market Value as of Oct. 10, 2018 ($M)

$104,281

Revenue and net income for 12 months ended July 31, 2018. Sources: Bloomberg; S&P Global.

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