The world's leading CRM platform provider
) recently announced a strategic alliance with
) or H-P to offer CRM services on HP's Converged Infrastructure.
This new offering namely Salesforce Superpod is intended
for companies that have an extensive IT infrastructure, which
requires a certain level of compliance and enterprise
The partnership ensures tighter integration between H-P and
Salesforce clouds, which will help customers to easily move their
data between the two platforms. Considering these growth in
cloud-based services, the partnership could facilitate market
share gains. Additionally, the integration of HP's hardware
technology and Salesforce cloud services will enable users to
connect and share information securely. Moreover this
cloud-partnership will help Salesforce to build and deliver cloud
solutions that in turn will drive growth.
The Superpod converged infrastructure is an all in one box
combining computing, storage and networking demands of IT
enterprises by offering reliable and timely services.
Earlier this year, Salesforce inked a deal with Oracle Corp.
This nine-year Oracle-Salesforce deal covers every aspect of
cloud computing. Under the terms of the deal, Salesforce software
will run on Oracle's Linux (previously Salesforce used Red Hat
Linux) and its cloud based applications will support Exadata
Salesforce reported revenues of $1.08 billion in the third
quarter of 2013, up 36.5% on a year-over-year basis. During the
reported quarter, the company witnessed continued demand across
all of its cloud solutions, supported by a decline in the
The higher number of deal wins were encouraging and so were the
geographical contributions. Overall, the company's diverse cloud
offerings and a stronger spending projection by Gartner are
Although, the company is growing reasonably in the cloud market,
growth prospects have been tempered to a considerable extent by
the renewed efforts of other tech giants such as Dell Inc. and
International Business Machines.
), continued weakness in Europe, currency headwinds and an
increase in investments could pose near-term challenges.
Currently Salesforce has a Zacks Rank #3 (Hold).
SALESFORCE.COM (CRM): Free Stock Analysis
HEWLETT PACKARD (HPQ): Free Stock Analysis
ORACLE CORP (ORCL): Free Stock Analysis
SAP AG ADR (SAP): Free Stock Analysis Report
To read this article on Zacks.com click here.