[https://i.insider.com/563ce1129dd7cc1d008c7fe1?width=600&format=jpeg&auto=webp]Salesforce CEO Marc Benioff has seen his company’s stock soar to new heights [https://www.businessinsider.com/salesforce-stock-hits-all-time-high-2016-5] on his promises that Salesforce is on track to hit $10 billion in revenue soon.
That would make Salesforce the first cloud software company to hit the $10 billion mark.
He hasn’t specified when the $10 billion moment will come but he says [https://www.businessinsider.com/marc-benioff-salesforce-interview-with-business-insider-2016-6] that this year, Salesforce is on track to do $8.3 billion in revenue.
Meanwhile, Oracle just released its fiscal 2016 fourth quarter results. [https://www.oracle.com/corporate/pressrelease/earnings-q4-fy16-031516.html]
And in it Oracle chairman Larry Ellison, Benioff’s former boss and mentor, has some fighting words. Oracle is growing its own cloud business so fast, that Ellison thinks he could beat Salesforce to …
Please click here to read the original article as posted on Business Insider.
