“Still, Mina Tadrus, CEO of Tadrus Capital, thinks Salesforce’s move to cut costs could work, but it will take time.
“Ultimately, these measures will decrease costs while still giving customers what they need,” Tadrus told International Business Times. “If successful, this could make Salesforce one of the most profitable SaaS companies ever – something Wall Street’s been eager for since Benioff took charge more than a decade ago. But, of course, it may be another three years before we see concrete results from this strategy – but considering Salesforce’s track record under Benioff’s leadership so far.”
Source: International Business Times
Author: Panos Mourdoukoutas Ph.D.