Marc Benioff: "There are a lot of ignorant people out there"
Posted by Stuart Lauchlan in Technology on Fri, 20/08/2010 - 09:16
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The Salesforce.com CEO is bullish after a a 25% increase in revenues - but is lamenting the number of people ignorantly behind enterprise software.
"I’m very bullish on Cloud Computing." Coming from Salesforce.com CEO Marc Benioff that is what might justifiably be called an understatement. "I’m definitely so bullish about social networking, I’m so bullish on Cloud, I’m so bullish on mobile."
OK, so Marc Benioff pretty bullish across the board. Still, he has much to be bullish about this week as the Salesforce.com share price shot up on the back of a 25% increase in revenues for the latest financial quarter. While profits took a tumble on expenses, Wall Street looked at the revenue growth and declared them a validation of the power of Cloud Computing.
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