- Published: 20 February 2011
- Written by Investor Ideas
February 21, 2011 (Investorideas.com newswire) Investorideas.com a leader in investor sector research, including tech stocks, features a tech stock alert for cloud computing stock, Salesforce.com Inc (NYSE: CRM). The stock closed at $143.08, up 2.14 (1.52%) on Friday's close.
Company Snapshot; About Salesforce.com (NYSE: CRM )
Salesforce.com is the enterprise cloud computing company. Based on salesforce.com's real-time, multitenant architecture, the company's platform and CRM applications (http://www.salesforce.com/crm) have revolutionized the way companies collaborate and communicate with their customers, including:
The Sales Cloud, for sales force automation and contact management
The Service Cloud, for customer service and support solutions
The Jigsaw Data Cloud, for ensuring data integrity and quality
Salesforce Chatter, for social collaboration
The Force.com platform, for custom application development
Database.com, the world's first enterprise cloud database
The AppExchange, the world's leading marketplace for enterprise cloud computing applications
Salesforce.com offers the fastest path to customer success with cloud computing. As of October 31, 2010, salesforce.com manages customer information for approximately 87,200 customers including Allianz Commercial, Dell, Japan Post, Kaiser Permanente, KONE, and SunTrust Banks.
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Cloud computing describes computation, software, data access, and storage services that do not require end-user knowledge of the physical location and configuration of the system that delivers the services. Parallels to this concept can be drawn with the electricity grid where end-users consume power resources without any necessary understanding of the component devices in the grid required to provide said service.
Source: http://en.wikipedia.org/wiki/Cloud_computing
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