Salesforce has come a long way since its debut in 1999, and its four employees.
As of March 14, 2023, Salesforce is the fifth largest SAAS company in the world, ranked by market capitalization. That’s awesome!
- Microsoft: $1.93 trillion
- Alphabet: $1.21 trillion
- Oracle: $229.70 billion
- Cisco Systems: $201.54 billion
- Salesforce: $184.01 billion
- Adobe: $152.93 billion
- SAP: $140.43 billion
- IBM: $113.01 billion
- Intuit: $114.03 billion
- Schneider Electric: $93.51 billion
Plotted on a chart, this data looks like this:
It’s interesting to note that aside from MS and Google, who are leading the pack by a huge margin, the remaining companies line up nearly perfectly.
It’s also interesting to note Salesforce is now larger than SAP. Not so long ago, I had to use SAP as my starting point in a conversation to explain what I do. “Do you know SAP? Well, Salesforce is similar”. Perhaps this comparison can be skipped now 🙂
The takeaway
It’s good to know how big Salesforce is, especially when compared to the largest players in the industry. In addition, Salesforce and its global ecosystem of partners will create $1.6 trillion in new business revenues and add 9.3 million new jobs by 2026.
This combined knowledge should give you the assurance to feel confident in your Salesforce career for years to come.