Client Briefing Note:
Salesforce reported reported Q1 FY19 revenue growth of 25% YoY, consistent with its remarkable historical performance. The company reported double-digit growth in all relevant metrics, exceeded analyst expectations and company guidance, and raised expectations for future performance across the board. Growth is showing no signs of decelerating, despite the company surpassing $12bn in ARR. This briefing note analyses the core pillars of Salesforce's performance, the company's latest acquisitions and the implications for Salesforce's growth strategy, competitive positioning and outlook.
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