This Industry-Leading Artificial Intelligence (AI) Stock -- Up 7,900% Since Its IPO -- Finds Itself at the Center of a $1 Trillion Opportunity
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Under the leadership of technology visionary Marc Benioff, Salesforce (NYSE: CRM) has become one of the most influential companies in the world of enterprise software.At its core, Salesforce is a leader in customer relationship management (CRM) -- a tool that allows sales leaders to track deal flow, pipeline trends, marketing campaigns, and more in a data-centric, efficient way. But over the last several years, Salesforce has diversified its platform through several high-profile acquisitions. The company acquired data integration service MuleSoft for $6.5 billion back in 2018. A year later, it acquired dashboarding tool Tableau, and it added messaging platform Slack to its ecosystem back in 2021.While the specific tools and end markets that these various assets serve differ, a common thread is a hefty reliance on data. By acquiring these various software businesses, Salesforce has quietly become a market leader for data-driven enterprise tools.Continue readingWeiter zum vollständigen Artikel bei MotleyFool
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