Friday, August 5, 2011

Salesforce.com

Are similarly exorbitant valuations as at MakeMyTrip.com it currently only in the booming cloud computing.

Cloud computing is roughly translated means "computing in the cloud", which should be explained that is part of the IT infrastructure, such as software applications as well as data memory, accessed externally. The required services are thus made ​​available only on demand. Accordingly, the company must also save only on actual usage. This allows the IT infrastructure and streamlined the budget be reduced.

One of the pioneers and superstars of the industry is Salesfore.com. The company yesterday reported excellent quarterly results and thereby increasing the financial forecasts for the three months to the end of September again. The stock broke again against the weak U.S. market to a new all-time high.

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