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Benioff Says Cloud-Based Computing May Be End of Software

Aug.26 — Marc Benioff, chief executive officer of Salesforce.com Inc., discusses the company’s earnings and reports of job cuts on “Bloomberg Technology.”

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Aug.26 — Marc Benioff, chief executive officer of Salesforce.com Inc., discusses the company’s earnings and reports of job cuts on “Bloomberg Technology.”

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33 Comments

33 Comments

  1. Kiliana Hakweenda

    August 26, 2020 at 11:26 pm

    I agree with Benihoff,look at platforms such as Figma etc..cloud based platforms are the future

  2. Teagan Odling

    August 26, 2020 at 11:33 pm

    I’m Alone 😍😥

    • Raymond Spicer

      August 27, 2020 at 1:39 am

      SMOKE DOPE

  3. sparkle sparkles

    August 27, 2020 at 12:03 am

    I believe they are complimentaries but what do I know.

  4. James Gunja

    August 27, 2020 at 12:11 am

    wow! He has such clarity on various issues. Why cant people like him run the country.

    • John Smith

      August 27, 2020 at 12:20 am

      James Gunja Pakistan?

    • Raymond Spicer

      August 27, 2020 at 1:38 am

      THEY DO THATS WHY WE ARE IN THE SHAPE WE ARE IN..

  5. ECDCTECH

    August 27, 2020 at 12:35 am

    Cloud computer is software !

    • Raymond Spicer

      August 27, 2020 at 1:39 am

      SHHH..

    • Alex Cipriani

      August 27, 2020 at 4:38 am

      that’s not what he means…he refers to selling a service vs just software

    • Light Myst

      August 27, 2020 at 4:40 am

      I don’t remember him saying it’s not..

    • Rotulino Rolon

      August 27, 2020 at 11:11 am

      You are still thinking in floppy disks buddy

  6. Emmanuel Stephen

    August 27, 2020 at 12:37 am

    Great!!!

  7. nitish kannan

    August 27, 2020 at 1:23 am

    Busienss is the answer to more business to busienss can help business and more money can be made with business according to Benioff lol

  8. Nader Balata

    August 27, 2020 at 1:55 am

    Wow. Emily you’re terrible. Are you able to ask a hard hitting question? He just said that he’ll rebalance employees every year, in other words fire 5-10% of his employees. No follow up?

    • Nick P

      August 27, 2020 at 3:20 am

      What’s wrong with that?

    • Light Myst

      August 27, 2020 at 4:41 am

      @Nick P he’s just triggered he might get fired lmao

  9. Adrian Rocha

    August 27, 2020 at 2:05 am

    Focus on customers and stakeholders. And not on the employees, a very clear statement

    • Erick Lustre

      August 27, 2020 at 6:18 am

      Customers drive business.

    • RedSjo

      August 27, 2020 at 9:44 am

      I am out cya

    • Adrian Rocha

      August 27, 2020 at 4:31 pm

      @Erick Lustre true. However, who creates value in the company are the employees. Having talented people is essential today. Top tech companies compete to attract top talent. I am sure that this message made more than one employee update their CV

    • Erick Lustre

      August 27, 2020 at 4:40 pm

      Adrian Rocha Of course. As it should.

    • Harold Almonte

      August 28, 2020 at 12:23 am

      most ideas for these great companies come from employees who usually just get thrown a bone while management gets all the credit.

  10. John Lenin

    August 27, 2020 at 2:07 am

    “There’s no lifetime employment at Salesforce,” said the shit eating Capitalist scumbag who laid off 1,000 people while he is going to make enough this year to live a dozen lifetimes. Time to start necklacing Capitalists in the streets.

    “Marc Benioff made $25,969,494 in total compensation. Of this total $1,550,000 was received as a salary, $3,100,000 was received as a bonus, $8,000,000 was received in stock options, $12,000,012 was awarded as stock and $1,319,482 came from other types of compensation. This information is according to proxy statements filed for the 2020 fiscal year.”

  11. adhd trader

    August 27, 2020 at 2:53 am

    $CRM is in my retirement portfolio. Ty for making me wealthy, Mark. I aim to make the world a better place just like Salesforce.

    • Nick P

      August 27, 2020 at 3:19 am

      Smart move, I’ve been in enterprise software for 8 years (Oracle, Microsoft) and I can tell yoh Salesforce, google, amazon, Microsoft and other enterprise leading cloud companies haven’t even reached the halfway points of their market caps due to cloud growth

  12. Christian Pecksteiner

    August 27, 2020 at 6:32 am

    It’s physical distancing, NOT social distancing!

  13. Ulukai Azgard

    August 27, 2020 at 8:21 am

    SHOCK NEWS: Owner of a cloud based solutions company says that cloud computing is the future!!!! Who’d have guessed??? What a cockend.

  14. Gizem Tokgoz

    August 27, 2020 at 4:00 pm

    Will you upload the full show please? @bloombergtech

    • Marco Flores

      August 27, 2020 at 7:37 pm

      They usually do. This is a clip from the one hour show they post on YouTube every business day. But they don’t post live so the video of Bloomberg Tech from the previous day will play the following day.

  15. Earl Grey

    August 27, 2020 at 6:35 pm

    He said it over 10 years ago.. WTF? is he saying the samething again???

    • Earl Grey

      August 27, 2020 at 6:36 pm

      Anyway… bunch people here don’t know the industry anyway…. whatever…

  16. Heavy Distortion

    August 27, 2020 at 6:44 pm

    Benioff Homelessness and Housing Initiative = zero impact. Looks like he won’t become the mayor after all.

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Bloomberg’s Caroline Hyde and Ed Ludlow discuss the tech trades on the eve of US elections and why the director of the Cybersecurity and Infrastructure Security Agency is issuing warnings ahead of election results. Plus, Donald Trump and Kamala Harris leave Silicon Valley divided.

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00:06:23 – Laffer Tengler Investments CEO Nancy Tengler
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Donald Trump’s Potential Silicon Valley Impact

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