Salesforce.com CFO: 2Q Saw 'Somewhat Stabilizing Demand'
20 Agosto 2009 - 5:14PM
Noticias Dow Jones
Salesforce.com Inc. (CRM), the on-demand software company, saw
"somewhat stabilizing demand" in the business environment in its
second quarter, the company's Chief Financial Officer Graham Smith
said on a conference call Thursday.
However, the San Francisco-based company is still seeing a
cautious approach to technology investment on the part of its
customers, Smith said.
He said sales cycles were still taking longer to complete than
usual, and customers were making smaller initial investments than
was typical.
-By Jessica Hodgson; Dow Jones Newswires; 415-439-6455;
jessica.hodgson@dowjones.com