Tag: BeyondCore

Salesforce in shopping frenzy

2390E7EB00000578-2853540-image-49_1417209296708Salesforce is carrying on its “shop until you drop” policy and made its fourth acquisition since June.

The outfit has written a cheque for business analytics provider BeyondCore.  It is not saying how many zeros it wrote on the cheque.

For those who came in late, BeyondCore examines data sets using pattern-recognition technology using its own algorithms that combine machine learning and regression analysis.

It is not a big outfit, It has 15 stuff and it was founded in 2004.  Its cash came from $9m in funding. Salesforce became interested when it came up with a plug-in to connect to its cloud.

Writing in its bog, BeyondCore wrote it would be “uniquely positioned” to further magnify its impact on analytics as part of Salesforce’s Analytics Cloud.

The deal would extend “smart data discovery and advanced analytics capabilities across the entire Salesforce Customer Success Platform,” BeyondCore said.

Salesforce’s just bought the Microsoft-Office-like suite Quip for $750m stock and cash earlier in August and the ecommerce platform Demandware for $2.8bn in cash.

While most people are at a beach it appears that Salesforce is keen to carry on its shopping frenzy.