This article first appeared on GuruFocus. Salesforce (NYSE:CRM) is gaining serious traction inside government and defense, with its public-sector business now the company's fastest-growing industry business at scale and defense revenue expanding 80% year over year. The acceleration gives Salesforce a potentially important new growth engine as U.S. agencies increase spending on artificial intelligence, cloud software and automation. Warning! GuruFocus has detected 2 Warning Sign with META. Is CRM fairly valued? Test your thesis with our free DCF calculator.CRM GF Value chart The update comes one year after Salesforce launched Missionforce, its government-focused platform combining AI, data, applications and cloud infrastructure.
We show the main point publicly. Create a free account to continue reading the full article, save it, discuss it, and connect it with market and OSINT context.