9/5/2023 0 Comments Slack ceoThere’s a bunch of things that are looking very positive, especially here in the US as we come out of the pandemic.”Ĭombined, the acquisitions of Slack and Tableau position Salesforce as a more formidable rival to Microsoft in enterprise technology, with Slack going head-to-head with Microsoft Teams, and Tableau competing directly against Microsoft’s Power BI data visualization technology. “But make no mistake, the economy is also roaring back, which is a great thing to see across the board. “Certainly, part of that is good execution on our part - good products that we’re putting out there,” he added. “And we’re in a very good spot, as those numbers show.” “I can’t speak to all acquisitions (but) this one’s working very well for us,” said Tableau CEO Mark Nelson in a podcast interview with GeekWire this week. They found some encouraging news in Salesforce’s recent earnings report: Tableau generated $394 million in revenue for Salesforce in its first fiscal quarter, up 38%, and was involved in eight of Salesforce’s top 10 customer deals for the quarter. Now, with Salesforce close to completing its acquisition of workplace collaboration company Slack for $27.7 billion, investors are looking to Tableau’s performance inside Salesforce for clues about Slack’s fate. Salesforce bought the data visualization companyfor more than $15 billion in 2019, its largest acquisition at the time. Seattle-based Tableau Software is no longer an independent publicly traded company, but it’s back under the watchful eyes of Wall Street for a different reason. Mark Nelson was named Tableau Software CEO in March, leading the Seattle-based company as part of Salesforce, filling a vacancy created by the departure of his predecessor, Adam Selipsky, to become the new Amazon Web Services CEO.
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