Tag: Earnings Call

Workday co-CEOs Aneel Bhusri and Chano Fernandez

What Did Oracle, Salesforce and SAP All Scrap But Workday Just Revived?

September 4, 2020
The co-CEO model might be dead and gone at fellow cloud powerhouses Oracle, Salesforce and SAP, but Workday last week revived the unconventional management structure to allow co-founder and now-co-CEO Aneel Bhusri more time to focus on products and strategy. Bhusri’s new partner in leading Workday into the challenging future is Chano Fernandez, who prior
Ten Key Takeaways from Salesforce CEO Marc Benioff's Q2 Earnings Call

The Magic of Marc Benioff: 10 Key Drivers Behind Salesforce Q2 Surge

September 3, 2020
After the market cap of Salesforce experienced a single-day surge of $50 billion after it announced blowout financial results despite the global pandemic, the most obvious question is this: how in the world did they do that? To offer some perspective, that $50 billion jump—generated in a single day—is bigger than the entire market cap
Marc Benioff, CEO of Salesforce, talks Tableau acquisition

Best Software Acquisition of All Time Was Salesforce Buying Tableau: Marc Benioff

September 1, 2020
While Marc Benioff has been increasingly effusive over the past few quarters in praising Salesforce’s Tableau subsidiary, he went over the moon in last week’s call by declaring it to be not only the best but also most-successful software-industry acquisition ever. Tableau’s now part of the what has become Salesforce’s largest business unit—Platform & Other—whose
Workday execs monitor its Q2 growth

Workday Says Limitations of Legacy Systems (SAP & Oracle) Boosted Q2 Growth

August 31, 2020
With strong Q2 results pushing Workday’s stock price up 13% in a single day, company leaders cited the debilitating limitations and shortcomings of legacy systems as a leading factor in the recent surge to the cloud for many businesses. While Workday executives in last week’s earnings call did not specifically mention the company’s two primary
Salesforce CEO Marc Benioff

Salesforce Q2 Earnings Call: Marc Benioff Will Focus on These 5 Things

August 24, 2020
As Salesforce becomes the first SaaS company in history to reach $5 billion in quarterly revenue, what are the big issues founder and CEO Marc Benioff will choose to discuss on the Aug. 25 earnings call? While Benioff’s exceptionally wide range of interests inside and outside the tech community provide an enormous range of potential
Table showing Microsoft Azure growth rate for the last three fourth quarters

As Microsoft Azure Growth Declines, Should Satya Nadella Worry?

August 12, 2020
The growth rate for Microsoft Azure has tumbled from 89% nine quarters ago to 50% last quarter.   Should this be a cause for concern for the world’s largest and most-influential enterprise-cloud vendor and its CEO? Or is it just a natural offshoot of the law of big numbers, in which it is wickedly difficult
people walk around at Salesforce Dreamforce conference 2019

Will Salesforce Be First Cloud Apps Vendor to Top $5 Billion in a Quarter?

August 11, 2020
As Marc Benioff’s company bears down on its first $5-billion quarter, will Salesforce become the first cloud-applications vendor to hit that mark? I hate to do this to you, but the answer is... it depends. I know, I know, that’s a dirty trick. I truly wish I could give you a clear answer one way
Microsoft CEO Satya Nadella talks about hypergrowth in a video

Microsoft Hypergrowth: Beyond Azure, Satya Nadella’s 5 Superstars

July 27, 2020
While it’s hardly a surprise anymore when Microsoft reports Azure revenue growth of 50%, Satya Nadella made a point in its fiscal-Q4 earnings call to call out the parallel steep growth in five related segments. As Microsoft’s enterprise-cloud revenue for the 12 months ended June 30 soared to $51 billion on the strength of $14.3
Larry Ellison and Christian Klein, who have been fighting over Oracle stealing SAP customers

Oracle and Larry Ellison Go Silent on Snatching Huge SAP Customers

June 24, 2020
Six months ago, Larry Ellison publicly promised that in March, some of SAP’s largest ERP customers would rip and replace those mission-critical systems and replace them with Oracle Cloud ERP. In March, Ellison once again declared very publicly that loads of SAP’s biggest customers were in the final stages of replacing SAP’s on-premises ERP systems
Adobe CEO Shantanu Narayen says that Adobe Digital Experience business grew just 5% last quarter

Amid Wicked Competition with Salesforce, Adobe Enterprise Business Stalls

June 23, 2020
Battered by the COVID pandemic and the declining performance of its Advertising Cloud, Adobe’s enterprise-oriented Digital Experience business posted quarterly revenue of $826 million, up just 5%, for the 3 months ended May 31. Adobe’s fairly new to the Cloud Wars Top 10, where it holds the #10 spot, and in its previous quarter reported