Top nominations include salesforce.com and Google as over 1,000 investors, investment bankers, entrepreneurs and executives cast their votes for the companies that demonstrate market traction and ability to disrupt existing markets
SAN FRANCISCO, Calif. - July 02, 2003 - Salesforce.com®, the world leader in delivering software-as-service, announced today that it has been named a AO100 Top Private Company by AlwaysOn, the media company that covers innovation in technology and business. This editorial list was compiled by AlwaysOn in partnership with KMPG's emerging business practice, KPMG 1Start, based on a survey of more than 1,000 venture investors, investment bankers, top entrepreneurs and executives. Salesforce.com and Google received the most nominations for the list, which is based on profitability, market traction and potential to disrupt existing markets and entrenched players.
The AO100 companies will be honored during a reception at the upcoming AO2003: The Innovation Summit to be held July 15-17 at the Stanford Law School on the Stanford University Campus. Salesforce.com chairman and CEO Marc Benioff will speak alongside representatives from Grand Central Communications, IBM (NYSE: IBM) and Sun Microsystems, Inc. (NASDAQ: SUNW) on a panel discussion of "Will Web Services Take Over the Software Industry?" on July 17 at 11:15 PDT. Conference details and registration are available at www.always-on.net.
"To win customers in this market, private companies must show that their products and services are an order of magnitude above what currently exists in the marketplace," said AlwaysOn Editor Tony Perkins. "Salesforce.com characterizes this approach, with profitable operations, a stellar technology and new business model that maximizes customer benefit."
"More companies trust their vital customer and sales data to salesforce.com's on-demand service than any other CRM company in the world," said Benioff. "With profitable operations, top-tier partners such as BEA, Borland, Dell, Microsoft, Sun and TIBCO, and Fortune 500 customers in every category, we remain relentlessly focused on "The End of Software" and our customers' success."
Salesforce.com was founded in March 1999 with the intent to make traditional enterprise software technology and business models obsolete. Four years later, salesforce.com is the world leader in delivering software-as-service, demonstrating how on-demand applications deliver immediate benefit without the substantial cost, resource, and time investment associated with enterprise software. The company recently advanced its leadership position with the launch of sforce, the new client/service application system, and salesforce.com S3, the strongest, smartest, and simplest way yet to manage customer relationships without software.