Salesforce.com was one of the first companies to deliver a software through an online subscription model, and since its launch in 1999 has grown to one of the most highly valued U.S. cloud computing companies.
In a report released on Monday, IDC details Salesforce and its ecosystem of customers, developers, and partners. While the report itself is sponsored by Salesforce, it does provide an interesting look at how its partners and customers view their Salesforce investments.
"The cloud represents an enormous opportunity for customers and partners to transform every industry, create jobs and accelerate economies around the world," Tyler Prince, EVP Alliances and Go-to-Market Innovation, Salesforce said in a statement. "Our continued focus is empowering our partners with the right resources to thrive in the 'Salesforce economy' and help our customers grow and succeed."
Here are 5 fast facts from the whitepaper. You can see the full results of the survey here (PDF).
- In 2015, for every dollar Salesforce made, its ecosystem made $2.82; this number will grow to $4.14 by 2020.
- Between 2015 and 2020, the use of cloud computing will add $389 billion in revenue to Salesforce customers’ ongoing revenue streams.
- IDC estimates a net increase of 1.9 million jobs produced in the Salesforce economy between the end of 2015 and the end of 2020.
- Since joining Salesforce’s partner program, the average partner respondent reported an annual revenue growth of 38 percent, and for the next three years, they expect annual revenue growth of 45 percent.
- Salesforce ecosystem revenue will grow from under $20 billion in 2015 to more than $70 billion in 2020.