SaaS CRM making millions

Barney Beal
The market for CRM delivered as a service got a shot in the arm this week as announced

    Requires Free Membership to View

that it will reach one million subscribers this month.

Both moves come the same week that

NetSuite plans to use the proceeds of its IPO to pay off investors and build a second data center. The expected date for the filing is December 21.

Meanwhile, San Francisco-based expects to reach one million paying subscribers later this month. was the first SaaS CRM vendor RightNow Technologies.

"Our strategy of delivering both the Platform-as-a-Service and Salesforce core Software-as-a-Service applications has driven a remarkable shift in the industry over the last eight years," Marc Benioff, chairman and CEO of, said in a statement. "It took seven years to reach the first 500,000 paying subscribers and only another 16 months for the second 500,000. That's incredible global momentum and adoption for businesses of all sizes. For a million subscribers around the world, it's truly 'The End of Software.'"

As of October 31, had 38,100 customers. As part of the milestone, the Foundation is donating $1 million across 10 charities.

There are Comments. Add yours.

TIP: Want to include a code block in your comment? Use <pre> or <code> tags around the desired text. Ex: <code>insert code</code>

REGISTER or login:

Forgot Password?
By submitting you agree to receive email from TechTarget and its partners. If you reside outside of the United States, you consent to having your personal data transferred to and processed in the United States. Privacy
Sort by: OldestNewest

Forgot Password?

No problem! Submit your e-mail address below. We'll send you an email containing your password.

Your password has been sent to: