Salesforce.com Chugs Along Strongly

The economy may be going slow but Salesforce.com, the poster boy for SaaS, has reported an impressive 52% increase in revenue for the first quarter that ended on April 30. It has also increased its customer base by 6%.

Salesforce.com has reported impressive figures that have been achieved on the basis of a strong and growing customer base in the US and in Asia. It added 2.600 more companies to its roster in the quarter and reported revenue of $ 247.6 million leading to a net profit of $ 9.56 million.

In Asia, Salesforce.com can count on Nippon Telephone and Telegraph in Japan as a major catch and in Europe it was Areva, a nuclear power company in France, for which Salesforce.com had to face competition from SAP.