Salesforce's annual Dreamforce convention might be held in particular person this yr, CEO Marc Benioff instructed CNBC's Jim Cramer in a "Mad Cash"
Salesforce’s annual Dreamforce convention might be held in particular person this yr, CEO Marc Benioff instructed CNBC’s Jim Cramer in a “Mad Cash” interview Thursday.
The corporate held the high-profile conference solely remotely in 2020 as a result of coronavirus pandemic, and this yr’s occasion, set for Sept. 21-23, will keep a digital element.
Nonetheless, Salesforce’s determination to welcome again in-person attendees is a noteworthy improvement in company America’s restoration from the Covid disaster, which prompted firms to embrace widespread distant work in a means like by no means earlier than and led to a pointy slowdown in enterprise journey.
Salesforce would require in-person attendees within the U.S. to be absolutely vaccinated towards Covid, in keeping with an organization press launch.
Dreamforce might be held throughout a number of places in 2021, together with San Francisco, the place the cloud software program maker has its headquarters. The convention may even convene in New York Metropolis, Paris and London. Salesforce mentioned the occasion might be “the first-ever world Dreamforce.”
Dreamforce, now in its 19th yr, is an enormous advertising and marketing alternative for Salesforce. It is also seen as a big driver of financial exercise for San Francisco. Audio system in earlier years embody former President Barack Obama, who spoke in 2019. That yr, greater than 171,000 folks registered to attend.
Benioff’s interview on “Mad Cash” got here shortly after the corporate reported first-quarter fiscal outcomes that beat Wall Road expectations on the highest and backside strains.
“This was one of the best first quarter we now have ever had. I believe possibly it is one of the best quarter we have ever had within the firm historical past,” Benioff, who based Salesforce in 1999, instructed Cramer. “The income, the margin, the money circulation all vastly exceeded our expectations.”