Salesforce targets 10% rise in revenue to $34.7 bn

Salesforce, the global leader in CRM, is targeting to achieve revenue of $8.16 billion – $8.18 billion in Q1 fiscal 2024 and $34.5 billion – $34.7 billion in full fiscal.
Salesforce technology for retailSalesforce has reported revenue of $8.38 billion (+14 percent) in the fourth quarter and $31.4 billion (+18 percent) for fiscal year ended January 31, 2023.

“For the full year we delivered $31.4 billion in revenue, up 18 percent, one of the best performances of any enterprise software company our size,” said Marc Benioff, Chairman and CEO of Salesforce, in its earnings report.

Salesforce has generated revenue of $21.25 billion from Americas, $7.163 billion from Europe and $2.939 billion from Asia Pacific.

Marc Benioff said the company would integrate artificial intelligence into all of its cloud as well as Slack, data analytics platform Tableau and MuleSoft platform.

Salesforce in January said it planned to close some offices and cut jobs by 10 percent after pandemic hiring left it with a bloated workforce.

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