Salesforce.com: Pricey and Coming Down Fast [View article]
SalesForce.com has been lifted by the fad for cloud computing. No largish company bets its business on off-the-shelf solutions, let alone solutions hosted "somewhere." What differentiates me from my competitors when they can rent the same business system I'm using? How can I know my data is secure? Who do I call when the site's down or there's a bug? SalesForce is a model that might be attractive to a little company which can't afford the rupees to contract an Indian programmer and has an owner who believes pretty screens can make salesmen sell better (hah-hah-hah-hah). If they are lucky, it's a formula for "getting by," but never getting big. Some years ago I looked into developing on salesforce's platform, but just couldn't justify the time and effort. Not only was I going to have to originate the product, but I'd have to sell it to. If I can sell, I can host, so what did I need them for? I wouldn't buy this stock at $5, $2, or $1. I'll sell it all day at $30 though.
Salesforce.com: Pricey and Coming Down Fast [View article]
SalesForce is a model that might be attractive to a little company which can't afford the rupees to contract an Indian programmer and has an owner who believes pretty screens can make salesmen sell better (hah-hah-hah-hah). If they are lucky, it's a formula for "getting by," but never getting big.
Some years ago I looked into developing on salesforce's platform, but just couldn't justify the time and effort. Not only was I going to have to originate the product, but I'd have to sell it to. If I can sell, I can host, so what did I need them for?
I wouldn't buy this stock at $5, $2, or $1. I'll sell it all day at $30 though.