Salesforce Eyeing Expansion Into Industry Verticals as Q2 Revenues Beat Expectations

Cloud computing behemoth Salesforce.com continued to defy its burgeoning scale with its fiscal 2016 second quarter results, which it reported on August 20th. The company is showing no signs of slowing down, as underscored by the 33% year on year growth (constant currency) in its deferred revenue in the second quarter. In order to maintain the high top-line growth, Salesforce has locked onto the cloud analytics market and industry-specific customer relationship management solutions as the next gr...