Regular TechCrunch readers might recall that, roughly two years ago (in June 2020), Salesforce made waves with the announcement of Code Builder, a web-based integrated development environment (IDE) modeled after GitHub Codespaces. Mum had been the word since then, but today, Salesforce unceremoniously dropped the beta for Code Builder, which the company describes in a blog post as having evolved into "a development environment optimized for Salesforce."
As promised several summers ago, Code Builder -- powered by Amazon Web Services -- allows developers to launch an IDE in their browser from within their Salesforce organization. In addition to features like code completion, search and refactoring, Code Builder ships with support for Salesforce frameworks and comes preinstalled with tooling, including Salesforce Extensions.
As one might expect, Code Builder also has built-in integration with version control systems like GitHub.
Image Credits: Salesforce
"Code Builder comes with the same set of extensions as in the Salesforce Extensions pack for Visual Studio Code, and the look and feel is similar to the Visual Studio Code User Interface," Mohith Shrivastava, lead developer advocate at Salesforce, said in the aforementioned blog post. "So if you are a Visual Studio Code user and have used our tools like the Salesforce Extensions pack, you should feel at home."
A few words of warning before you give Code Builder a spin: Salesforce is capping usage at 20 hours for a maximum of 30 days for the duration of the beta. To be saved, changes must be deployed to an org or committed to source control. Salesforce also makes no promise that Code Builder environments won't be deleted without warning, and it says it'll remove all beta environments sometime before Code Builder reaches general availability.
Lest the launch of Code Builder be interpreted as Salesforce transitioning away from desktop IDEs, the company strongly assures that this isn't the case. "Our strategy is to have one set of IDE extensions that customers can access from either [Microsoft Visual Studio Code] or Code Builder," Shrivastava continued. "Hence, we will continue to build and maintain the Salesforce Extensions pack to support both VS Code on desktop and Code Builder in the browser."
With rapid development over the past decade, Salesforce has established itself as an industry-leading CRM platform that can cater to a wide range of sales automation needs across a huge list of industries. For the most part, we feel it is best suited for larger, previously established businesses in need of a highly customizable solution toward goals of streamlining or improving sales processes.
As a result of its extensive features, such as thousands of industry-leading integrations, 24/7 support, sales insight, lead scoring and management and extensive reporting, Salesforce proves to be a fantastic choice for businesses looking to boost sales and elevate sales team operations. It probably won’t be as efficient an option for smaller businesses without the resources to manage the software’s additional complexity.
Pricing: Salesforce offers four plans: Essentials, Professional, Enterprise and Unlimited. Salesforce offers a wide range of add-ons at a variety of prices and offers customizable services so companies can design and build their own apps inside the CRM software.
With the Essentials plan, priced at $25 per month per user (billed annually), you can manage the entire sales cycle from tracking leads and opportunities to managing accounts and contracts in one place. Managing service tickets and routing work to specific agents as well as providing agents with all necessary information is also included in the Essentials plan.
With the Professional plan, priced at $75 per user per month (billed annually), users can manage pipelines and forecasts, register and track new leads and score leads according to rules you define. Additionally, it can track and manage warranties, subscriptions and service contracts.
Enterprise plans, priced at $150 per month per user (billed annually), give companies full API and automation control so users may automate workflow and approval systems and integrate external systems with Salesforce.
At $300 per month per user (billed annually), the Ultimate plan adds a suite of AI features for sales insights, lead scoring and a centralized selling hub to connect all salespeople to the data needed to succeed. The Unlimited plan adds 24/7 support to get your business up and running quickly and solve problems whenever they arise.
Salesforce West at 50 Fremont St.
Salesforce plans to list 350K SF of office in its namesake tower at 50 Fremont St. in downtown San Francisco, the latest blow to the city's faltering office market.
This is the third such cut to Salesforce's office space in the Bay Area in the last 18 months. The sublease amounts to 40% of the Salesforce West building, which the company purchased in 2015 for $637M, according to the San Francisco Chronicle.
“Salesforce offices are an important part of our culture, and how we use them has evolved. We are subleasing floors in Salesforce West to make the most efficient use of our real estate footprint. We will maintain ownership of the building and can reoccupy the space as needed over time. As the largest private employer in San Francisco, we are deeply committed to the city and are actively welcoming employees back to Salesforce Tower,” the company told the San Francisco Chronicle.
Salesforce co-founder and co-CEO Marc Benioff has been adamant that back-to-office policies are ineffective, stating “office mandates are never going to work,” when speaking at a company event in June, according to Yahoo Finance.
The company has been heavily pushing remote work initiatives for its employees, permanently allowing most of its staff to work remotely earlier this year, according to the San Francisco Chronicle.
SF YIMBY today reported that Cushman & Wakefield will handle leasing for the space.
Office vacancy in San Francisco hovered at the 20% mark in the second quarter of this year, according to the latest data from Transwestern's San Francisco office.
Transwestern's second-quarter office report noted that negative net absorption increased by 118.4% since last year. Transwestern Senior Research Manager George Entis told Bisnow earlier this month that the office space in San Francisco that has become vacant since 2020 is equal to “seven and a half Salesforce Towers.”
Additionally, layoffs within San Francisco’s tech industry mount, despite the overall low unemployment in the city. Several big-name companies such as Tesla, Twitter, Coinbase and PayPal have cut staff in latest months.
In the latest trading session, Salesforce.com (CRM) closed at $161.04, marking a -1.5% move from the previous day. This change lagged the S&P 500's 0.3% loss on the day. Elsewhere, the Dow lost 0.46%, while the tech-heavy Nasdaq lost 0.34%.
Coming into today, shares of the customer-management software developer had lost 3% in the past month. In that same time, the Computer and Technology sector gained 2.76%, while the S&P 500 gained 1.51%.
Investors will be hoping for strength from Salesforce.com as it approaches its next earnings release. The company is expected to report EPS of $1.02, down 31.08% from the prior-year quarter. Our most latest consensus estimate is calling for quarterly revenue of $7.7 billion, up 21.47% from the year-ago period.
For the full year, our Zacks Consensus Estimates are projecting earnings of $4.76 per share and revenue of $31.76 billion, which would represent changes of -0.42% and +19.88%, respectively, from the prior year.
Investors might also notice latest changes to analyst estimates for Salesforce.com. These latest revisions tend to reflect the evolving nature of short-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the company's business outlook.
Our research shows that these estimate changes are directly correlated with near-term stock prices. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. The Zacks Consensus EPS estimate remained stagnant within the past month. Salesforce.com is currently a Zacks Rank #2 (Buy).
Digging into valuation, Salesforce.com currently has a Forward P/E ratio of 34.37. Its industry sports an average Forward P/E of 24.05, so we one might conclude that Salesforce.com is trading at a premium comparatively.
Meanwhile, CRM's PEG ratio is currently 2.05. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. Computer - Software stocks are, on average, holding a PEG ratio of 2.08 based on yesterday's closing prices.
The Computer - Software industry is part of the Computer and Technology sector. This industry currently has a Zacks Industry Rank of 132, which puts it in the bottom 48% of all 250+ industries.
The Zacks Industry Rank includes is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions.
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India's mobile app economy is expanding. India is one of the top countries globally for the number of apps downloaded and used per month. India's tech industry developed a lot in 2020. It is still growing as technology is demanded in many sectors, including professional services, education, medical, financial, healthcare, logistics, and more, due to the pandemic situation.
We have shifted in the usage of mobility from the personal to the professional. The app development companies in India play a vital role in the latest technology usage. These firms, with their IT support employing seamlessly and plan to use the best apps over the platforms on Android and iOS devices.
Several companies provide mobile app development services as per your requirements. To help entrepreneurs exploring app development partners, the topappdevelopmentcompanies.com team has researched tons of companies from Ahmedabad, Mumbai, Bangalore, Jaipur, Pune, Delhi, and almost all major cities of India. Find a list of the top 10 mobile app development companies in India to work within 2021 - 2022.
List of Top 10 Mobile App Development Companies in India 2021 - 2022
1. Hyperlink InfoSystem
Hyperlink InfoSystem is providing the best mobile app development & web development service since 2011. It is a renowned name in the tech market for delivering a scalable and robust mobility solution. They have produced over 4000+ applications in different categories and have headquarters in India, the USA, UAE. They have a team of 400+ app developers who are highly skilled and always ready to develop the most complex solutions. Their experts always take the essential measures to provide quality solutions for the application and, consequently, accurate results for your company.
2. Tata Consultancy Services
TCS is one of the most well-known IT companies in India and is placed among the most valuable IT services brands worldwide. The company offers services like mobile apps, Internet of Things, Blockchain, Cloud Solutions, Enterprise Apps, Automation and AI, and many more. It was founded in 1968 and now operates in 149 locations across 46 countries.
Infosys Limited is an Indian-based MNC that provides business consulting, information technology, and outsourcing services. Infosys is the second-largest Indian IT Company after TCS. The company has 82 Sales and Marketing offices and 123 Development centres around the world.
4. Tech Mahindra
Tech Mahindra is a subsidiary of Mahindra Group, offering Information Technology (IT) services for almost all industries. This company has 125K employees across 90 counties and 900+ active worldwide clients. It provides services like web and app development, Cloud solutions, Enterprise business solutions, Digital Supply Chain, Data Science, and many more.
Fueled is an award-winning mobile app development company offering its services since 2007. The company provides app development, CRM, POS, CMS, ERP, CDP, Web Development, UI/UX Design, AR/VR, Blockchain, Chatbots, and many more. They serve Startups to Enterprise-Level Businesses around the world, and their major clients are MGM Resorts International, 9Gag, Harvard, Verizon, Crunchbase, etc.
6. WillowTree Apps
WillowTree is one of the leading app development and digital product agencies in the world. Their team of mobile strategists, UI/UX Designers, and software engineers have developed 1000+ mobile and digital solutions for global clients, including Century Fox, Regal Cinemas, Synchrony Financial, National Geographic, and many more.
Accenture is a Fortune Global 500 company offering App development, Blockchain, Cloud, Oracle, Salesforce, SAP, Software Engineering, Supply Chain & Operations, etc. The company has more than 492K employees serving clients from 200 cities in 120 countries.
8. Capgemini India Pvt ltd
Capgemini is one of the leading multinational corporations that provides consulting, technology, professional, and outsourcing services. They have more than 270K employees in over 50 countries. They have expertise in AI Solutions, Cloud Services, SAP Solutions, App Development services, Blockchain solutions and serve almost all industries.
9. Zensar Technologies
Founded in 1991, the company has a strength of 10K+ employees and has offices in 20 countries worldwide. They have expertise in Digital Supply Chain, AI and Automation, Cloud Infrastructure, Data Management, Data Science, Enterprise apps, and other latest technologies. A team of Zensar Technologies delivers experience-led business transformation to the clients through domain expertise, rapid prototyping, analytics, automation, and cloud to create long-term customer loyalty.
10. HData Systems
HData Systems is India based Data Science company that helps businesses to increase their productivity and performances with the service of analytical approaches. The company offers app development, data science, big data analytics, AI, machine learning, automation, etc.
Source: Top App Development Companies