Tag

Software As A Service

All articles tagged with #software as a service

"Salesforce's Potential Acquisition of Informatica to Enhance Data Capabilities"
business-technology1 year ago

"Salesforce's Potential Acquisition of Informatica to Enhance Data Capabilities"

Salesforce CEO Marc Benioff is in talks to acquire Informatica Inc. in a move to enhance the company's data integration and management capabilities. The potential deal, which could be one of Salesforce's largest-ever acquisitions, may lead to further consolidation in the software-as-a-service industry and attract regulatory scrutiny. Salesforce has been focusing on sales growth after improving profitability, and the acquisition of Informatica would significantly impact the company's portfolio.

"Salesforce's Potential Acquisition of Informatica: Boosting Data Capabilities and Stock Impact"
business-technology1 year ago

"Salesforce's Potential Acquisition of Informatica: Boosting Data Capabilities and Stock Impact"

Salesforce CEO Marc Benioff is in talks to acquire Informatica Inc. in a move to enhance the company's data integration and management capabilities. The potential deal, one of Salesforce's largest-ever, could lead to further consolidation in the software-as-a-service industry and attract regulatory scrutiny. Salesforce, which has been focusing on sales growth, is seeking to bolster its data capabilities amid slowing software spending by corporations. If the deal goes through, it could rival Salesforce's previous major acquisitions and mark a significant expansion of its portfolio.

"C3.ai Stock Surges on Positive Market Momentum"
business2 years ago

"C3.ai Stock Surges on Positive Market Momentum"

Shares of C3.ai rose after being mentioned by Oppenheimer as a stock to own in 2024. While it wasn't among Oppenheimer's top picks, the research firm sees C3.ai benefiting from the growth of the AI sector and expects increased revenue from data collection and model training. C3.ai's CEO has expressed confidence in the demand for their AI products, despite weak quarterly results. The company reported 17% revenue growth but continued to report losses. If Oppenheimer's predictions hold true, C3.ai could experience accelerated growth later this year.