The company's acquisition of Vlocity will help with providing specific industry solutions for workflows related to revenue, including managing ad inventory … The Salesforce Delivery Unit is one of the fastest growing areas within Capgemini UK and focuses on helping our clients achieve business value through the use of Salesforce.com, the world’s number one cloud-based CRM (Customer Relationship Management) solution. Set VL88 being the first to enter revenue service, on 20 September. (I’m not sure how much of Vlocity, Salesforce already owned.) Excluding the impact of Tableau and Salesforce.org, Q4 revenue … The V/Line VLocity, sometimes called the VLocity 160, is a diesel multiple unit train built by Bombardier Transportation, Dandenong for V/Line, the regional rail operator in Victoria.Continuously in production since 2003, the VLocity is the highest-speed train in the V/Line fleet, with a top speed of 210 km/h (limited to 160 km/h due to infrastructure) and a cruising speed of 160 km/h (99 mph). The price appears to be 10x or less of 2020 expected revenues. Salesforce had good news in its latest fiscal fourth-quarter and year-end report: Total quarterly revenue was $4.85 billion, an increase of 35% year-over-year, and 34% in constant currency. Vlocity offers industry-specific digital customer Industry-specific solutions for revenue workflows: new technology from the Vlocity acquisition provides workflows related to revenue unique to specific industries. Deutsche Telekom Selects Vlocity to Simplify Buying Experiences, Accelerate Time to Market, and Grow Revenue Through New January 16, 2020, 3:09 AM EST SHARE THIS ARTICLE Developer of a cloud-based software intended to deliver industry-specific customer experiences. Vlocity, which was founded in 2014, is a privately held company based in San Francisco with about 1000 employees. Indeed, Vlocity uses Salesforce for their go-to-market strategy, and Accenture for implementing the actual deployments. The clouds come quickly on the heels of the $1.3 billion Salesforce Vlocity acquisition, announced last February and completed in July. The company’s financial results were described as ‘phenomenal’ by CEO Marc Benioff – not co-CEO, more on which shortly – with Q4 revenue up 35% year over year to $4.8bn (£3.7bn), and total fiscal 2020 revenue at $17.1bn on a 29% increase. For example, managing ad inventory or content syndications for media companies. Following Salesforce’s acquisition of Vlocity earlier in 2020, you surely want to find out what Vlocity does for its target industries – Communications, Media & Entertainment, Energy & Utilities, Insurance, Health, and Government. Total fiscal 2020 revenue was $17.1 billion, up 29% year-over-year, and 29% in constant currency. The Deal for Vlocity. BONN, GERMANY and SAN FRANCISCO – January 16, 2020 – Vlocity Inc., a leading provider of industry-specific cloud software, and Deutsche Telekom, one of the world's leading integrated telecommunications companies, announced today an agreement to use Vlocity Communications Cloud to advance Deutsche Telekom’s digital transformation initiatives in Europe. While completing a record fiscal year 2020 with total revenues clocking in at $17.1 billion, Salesforce announced the acquisition of Salesforce Ventures–funded Vlocity, a leading provider of industry-specific cloud and mobile platform software. This one was a gift for the core CRM product. Vlocity Communications delivers Enterprise Product Catalog, CPQ, Digital Commerce, ... Get started with these solutions that have transformed how other small businesses operate and drive revenue. Vlocity had raised about $163 million on a valuation of around $1 billion as of its most recent round, a $60 million Series C last March. Salesforce announced on 25 February 2020 that it is acquiring Vlocity for USD1.33 billion (the deal is expected to close in the second quarter of fiscal year 2021). Even outside of the close personal ties, Salesforce sees Vlocity as a key driver of growth for its vertical strategy, while Accenture looks to the massive services revenue that Vlocity can bring to it. Vlocity. The final billion-dollar deal (until we hear about Slack perhaps) is the $1.33 billion Vlocity acquisition earlier this year. Vlocity's CEO recently said that Salesforce's industry cloud products saw 71% growth in average order value from … February 26, 2020 Salesforce grabs Vlocity for $1.33B, a startup with $1B valuation Company also announces $1.33 billion acquisition of Vlocity. Vlocity derives around 60% of its revenue from the telecommunications vertical (see Figure 1). Analysts had expected EPS of $0.55 on revenue of $4.75 billion for the fourth quarter. Product-wise revenue by cloud, sales cloud increased by 17% while service cloud jumped by 26%. Here are a few of the financial highlights for Q4 and fiscal 2020. From ecommerce (Checkout.com) to design (Figma) and software to end feature release nightmares (LaunchDarkly), these eight companies stand out among an illustrious Cloud 100 field for 2020. M&A February 26, 2020 Salesforce to Buy Vlocity in Vertical CRM Move The $1.33 billion deal "signals the importance of making industry capabilities even more a part of the [Salesforce] platform offerings." Vlocity's business model is to provide industry-specific digital engagement solutions for Salesforce customers. Industry Collections ... 10/13/2020. Source: Vlocity, 2020 How different is Vlocity compared to other tools on the market? But while the crises and shifts of the past twelve months have presented challenges for many businesses, they have given others the opportunity to transform, evolve, and even grow their revenue. BONN, Germany and SAN FRANCISCO, Jan. 16, 2020 (GLOBE NEWSWIRE) -- Vlocity Inc., a leading provider of industry-specific cloud software, and … Revenue jumped by 35% to $4.85 billion. Q4 revenue grew 35% in dollars and 34% in constant currency. Vlocity Ranks Among Fastest-Growing Private Companies in California. Salesforce will acquire Vlocity for approximately $1.33 billion, net of the value of shares currently owned by the Company. Vlocity The Daily Chronicle / Aug 24, 2020 The research report of " Clickstream Analytics Market " study report covers all main geographical regions and sub-regions in the world and focusses on product sales, cost, and Clickstream Analytics market size and growth opportunities in these regions. Vlocity Inc. operates as a industry cloud software company. There’s no doubt that 2020 has been a year to remember – and in many ways, one to forget. Vlocity is a cloud-native solution built on the Salesforce platform. Deutsche Telekom Selects Vlocity To Simplify Buying Experiences, Accelerate Time To Market, and Grow Revenue Through New Services (Jan-2020) Source: vlocity.com Fri, Jan 17, 2020 by Spoke Research Intel So many questions are on your mind right now! The remainder of the fleet are … The Company offers services to communication and media companies, health sector, insurance, and public sectors. During September 2020 these stored sets were transferred to Bombardier Dandenong or SSR Bendigo for rectification works. Under the Plan, Salesforce granted a total of 363,731 restricted stock units ("RSUs") and 88,463 stock options to 703 Vlocity employees. Vlocity General Information Description. Figure 1: Industry solutions map for Salesforce and Vlocity. Vlocity's annual revenues are $100-$500 million (see exact revenue data) and … CATEGORIES. Add to favorites. With set VL85 following the next day. Subscription and support revenues rose 35% year-over-year, while professional services and other revenues advanced 26%. Quotes & Orders. Vlocity uses Salesforce for their go-to-market strategy, and public sectors, managing ad inventory or content syndications media. And 29 % in constant currency, Salesforce already owned. from the Vlocity acquisition workflows! To enter revenue service, on 20 September the financial highlights for Q4 and fiscal 2020 revenue $... 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