It’s not surprising that with the distribution of Salesforce’s press release this morning reflecting the findings of this IDC report, that the company announced an anticipated 1.9 million new jobs and $389 billion in new revenue over the next five years.
The Impact of Salesforce and Cloud Computing
Salesforce released their first product 16 years ago when cloud computing was still in its infancy. It wasn’t until 2009 that cloud computing surpassed 1% of IT spending. Today, public cloud computing still only accounts for less than 5% of IT spending, but despite that fact, it’s still been a major contributor to growth in IT spending.
The study Salesforce released provided some other interesting stats such as:
- Despite its small share of the $2 trillion IT market, it is growing at 4.5 times the rate of IT spending since 2009, and expected to grow more than 6 times the rate of IT spending from 2015 through 2020.
- More than 70% of IT spending is tied up with maintenance of legacy systems and routine upgrades.
- Organizations that purchase cloud computing subscriptions also spend funds on ancillary products and services, from additional cloud subscriptions and professional services, to software applications, hardware and managed services. By 2020, for every dollar earned by Salesforce, the company’s ecosystem will gain $4.14.
As a Salesforce partner, it’s invigorating to have a chance to contribute to this growth and share in the sheer enormity of opportunities that Salesforce provides not only for us, but for our customers as well.
Benefits of Being a Salesforce Partner
Being a Salesforce partner enables us to mutually benefit both Salesforce customers and our own through the distribution of our SYNC application. The Commercient SYNC app is a data integration tool that enables Salesforce customers to make the most of their Salesforce CRM by populating the system with data from their ERP software.
The Salesforce AppExchange makes it easy for interested customers to find us quickly and discover how our SYNC for Salesforce apps can help their business. Customers who utilize SYNC are consistently wowed at how quickly and easily they are granted full access to their ERP system within Salesforce via our SYNC app.
Integrating data from your ERP system with Salesforce simplifies things like sales report creation, providing order status updates, keeping up with ERP accounting records and more. And the best part is that it’s all possible within the cloud.
Cloud computing has freed up resources for businesses to support innovation (like our SYNC app for example) and if we’ve learned anything from the study Salesforce released today it’s that cloud computing will continue to yield broad benefits for customers and partners alike.