Zacks Analyst Blog Highlights: Salesforce.com, Cisco Systems Inc., Microsoft, Oracle and Google
For Immediate Release
Chicago, IL – October 7, 2009 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: Salesforce.com (CRM - Analyst Report), Cisco Systems Inc. (CSCO - Analyst Report), Microsoft (MSFT - Snapshot Report), Oracle (ORCL - Snapshot Report) and Google (GOOG - Analyst Report).
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Here are highlights from Tuesday’s Analyst Blog:
Salesforce Partners with Cisco
At a recent press release, cloud computing company Salesforce.com (CRM - Analyst Report) disclosed that it will, along with Cisco Systems Inc. (CSCO - Analyst Report), be delivering a complete contact center in the cloud. The Customer Interaction Cloud, formed by Cisco and Salesforce.com, will use the newly introduced service cloud 2 from salesforce.com along with Cisco Unified Communications.
This innovative solution will resolve the customer service issue of Small and Medium Businesses (SMB) to a large extent, and enable them to run their customer service operation through the cloud.
This product is mainly targeted at the SMB clients, as demand for cloud computing applications is strongest in this market. The company expects that by using customer interaction clouds, the agents will be able to achieve better solutions without incurring any extra cost on hardware, software or telephone equipment. Service Cloud 2 is already catering to the customer service needs of around 8000 companies.
Salesforce seems to be going great guns with its cloud computing business. The company is introducing all sorts of solutions by using its cloud computing platform. Recently, Salesforce has set up a company named FinancialForce.com in association with Unit 4 Agresso (UNI4), the parent company of financial software specialist CODA, which sells accounting software. Both the companies will invest in FinancialForce.com, which in turn will use CODA’s cloud accounting application -- previously known as CODA 2go -- to deliver finance and accounting solutions in the cloud.
We believe, that by forming this joint venture with Cisco, Salesforce is on the verge of creating another success story in the cloud computing space. Competition is tough, but the company is combating well with other players like Microsoft (MSFT - Snapshot Report), Oracle (ORCL - Snapshot Report) and Google (GOOG - Analyst Report) to create its own place in the cloud computing world.
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About Zacks Equity Research
Zacks Equity Research provides the best of quantitative and qualitative analysis to help investors know what stocks to buy and which to sell for the long-term.
Continuous coverage is provided for a universe of 1,150 publicly traded stocks. Our analysts are organized by industry which gives them keen insights to developments that affect company profits and stock performance. Recommendations and target prices are six-month time horizons.
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