Slaesforce FAQ

is salesforce competitive with microsoft

by Vanessa Hermann Published 2 years ago Updated 2 years ago
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Microsoft and Salesforce are competing head-to-head fore the crown of best CRM

Customer relationship management

Customer relationship management (CRM) is an approach to managing a company’s interaction with current and future customers. The CRM approach tries to analyze data about customers' history with a company, in order to better improve business relationships with customers, specifically focusing on retaining customers, in order to drive sales growth.

platform. Neither company is new, and they both have large enterprise contracts to leverage with its other products and services. They both experienced growth as the coronavirus pandemic forced everyone to go virtual and support digital efforts.

Salesforce is considered the leader in CRM software, but is increasingly competing from Microsoft. Salesforce is focusing on a few key areas in order to stay competitive, analysts said. The Slack acquisition, its platform, automation, and tools for specific industries are focus areas.Aug 12, 2021

Full Answer

What are the primary competitors to Salesforce?

  • How to use Salesforce. You’ll read about use cases for Salesforce, why companies choose Salesforce for their CRM needs, and who Salesforce’s main competitors are.
  • What Salesforce CRM is and how it works. ...
  • Salesforce product clouds explained. ...
  • What is the Salesforce AppExchange? ...

What are the best Salesforce competitors out there?

Who are the best Salesforce Competitors?

  • Salesforce Competitors. The first question any company needs to ask themselves is, “what do I need software for”? ...
  • The Salesforce Alternative. Too often, companies employ CRM to manage their cold leads. ...
  • A Salesforce Competitor that Packs a Punch. ...
  • Plug and Play. ...
  • Maximize the Sales Process. ...

Who will acquire Salesforce?

With Salesforce being such a behemoth of a company, this news doesn’t come around too often. In fact, the last rumour of Salesforce being acquired was back in 2015 when Microsoft was rumoured to offer Marc Benioff, CEO of Salesforce, $55B, but he countered with $70B and the deal fell through.

Which is better, Microsoft CRM or Salesforce?

  • Salesforce is the most used CRM application, and no doubt about it. It had its own time. ...
  • Dynamics CRM is part of Dynamics 365, which is includes ERP applications as well. ...
  • Dynamics CRM is growing faster than before, and of course faster than Salesforce. ...
  • Dynamics 365 CRM is cost effective, and I have seen businesses migrating from salesforce to Dynamic

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What is Microsoft's version of Salesforce?

Microsoft Dynamics 365One of the long-standing rivalries in business IT is Microsoft Dynamics 365 versus Salesforce, two leading customer relationship management (CRM) vendors whose solutions are strikingly hard to differentiate.

Is Microsoft better than Salesforce?

Microsoft Dynamics – Pricing and Cost Review. Microsoft Dynamics versus Salesforce costs less overall but has a higher cost for the standard plan. Salesforce offers more for a smaller business with its more affordable packages. The program provides entry-level features with just enough small-scale users off the ground.

Does Microsoft own Salesforce?

Microsoft Acquires Oracle, Salesforce, SAP Workflow Automation Startup.

Will Salesforce be worth more than Microsoft?

Assuming that Salesforce and Microsoft's price-to-sales ratios remain roughly the same as today, Salesforce could be worth about $1 trillion by the end of 2030, while Microsoft's market cap could climb over $5 trillion.

Who are Salesforce competitors?

Competitors and Alternatives to SalesforceMicrosoft.Oracle.SAP.SugarCRM.Zoho.Sage.Zendesk.CRMNEXT.

What will replace Salesforce?

Here the top alternatives to Salesforce as a CRM software: Best for ease of use: Pipedrive. Best for top rated: Insightly. Best for enterprise: HubSpot CRM. Best for value: Agile CRM.

Does Amazon use Salesforce?

Through this expanded partnership, Salesforce has chosen Amazon Connect as its preferred contact center technology and will resell Amazon Connect as part of its new upcoming offering, Service Cloud Voice, making it easy for organizations to deliver better customer service at a lower cost.

Who is behind Salesforce?

SalesforceSalesforce Tower in San FranciscoFoundersMarc Benioff Parker Harris Dave Moellenhoff Frank DominguezHeadquartersSalesforce Tower San Francisco, California, U.S.Key peopleMarc Benioff (Chairman & co-CEO) Bret Taylor (Vice Chair & co-CEO)ServicesCloud computing15 more rows

Is Salesforce big tech?

Take a look: Among tech companies, Salesforce tops the list when it comes to sourcing tech talent, surpassing even Amazon and Microsoft. This shouldn't come as a surprise; the company has positioned itself well to take advantage of all the potential clients that need customer-relationship management (CRM) software.

Will Salesforce survive?

Salesforce as a Game Changer It's predicted that SaaS CRM solutions will reach a deployment rate of 80 to 85% by 2025. The CRM software market in itself is estimated to grow at a rate of about 14% annually in the short-term, through 2017.

Where will Salesforce be in 5 years?

According to our forecasts, the price of Salesforce stock will be between $410 and $490 per share in the next five years.

Why is Salesforce worth so much?

Selling an easy-to-use product with a viral distribution model to an amenable market helped Salesforce achieve high capital efficiency. This allowed the company to keep investing back into their growth engine. These sales and marketing practices also fueled unusually high revenue growth.

Is Microsoft Dynamics better than Salesforce?

According to our research, Salesforce is slightly better than Microsoft Dynamics. It offers an unrivaled feature catalogue and offers a wide range...

Does Salesforce integrate with Microsoft Dynamics?

One of the benefits of Microsoft Dynamics is that is offers a wide range of integrations, and yes, it even integrates with Salesforce. This can str...

Is Dynamics cheaper than Salesforce?

No, the Microsoft Dynamics CRM costs more than the Salesforce CRM. Salesforce's Sales and Service clouds start at $25 per user per month, compared...

What is the difference between Dynamics 365 and Salesforce?

Both Dynamics 365 and Salesforce are CRMs designed to help businesses manage their accounts, leads, and customer journeys. While they share many fe...

What is the best CRM software?

Salesforce is one of the best CRM software on the market, with Microsoft Dynamics close behind. However, unless you're a larger business with hefty...

Which is better, Salesforce or Microsoft Dynamics?

Our research shows that Salesforce is better than Microsoft Dynamics, although both are decidedly respectable options, particularly for larger businesses. When it comes to customer relationship management software there are numerous services out there, but these two providers are giants among the rest. Salesforce is certainly the popular CRM ...

Which is better CRM or Salesforce?

Salesforce is one of the best CRM software on the market, with Microsoft Dynamics close behind. However, unless you're a larger business with hefty CRM needs, there are plenty of less complex, more affordable options out there that might be a better fit, depending on what you require.

What is CRM in Microsoft 365?

Microsoft offers its CRM platform under the Dynamics 365 app, which caters to a wide range of business types. As such, pricing for the platform depends on what kind of business area your company falls under. Here is a breakdown of how much the platform costs for specific businesses:

What is dashboard in Microsoft Dynamics?

In Dynamics CRM for Sales, for example, the dashboard supplies current sales revenue, the average deal size, and your sales force's lead conversion rate.

Is Salesforce similar to Microsoft Dynamics?

The company insists, for example, that Salesforce can outdo its main competitors. In truth, the functions of Salesforce and Microsoft Dynamics are broadly similar. Where Dynamics has its modules, Salesforce has its various “clouds”, such as Sales Cloud and Service Cloud.

Does Microsoft Dynamics integrate with LinkedIn?

Microsoft Dynamics. The first thing to know about Microsoft Dynamics is that it is heavily integrated into other Microsoft applications. Microsoft's integration doesn't just extend to its desktop software, either. Even LinkedIn, which Microsoft acquired in 2016, integrates with Dynamics CRM.

Does Microsoft Dynamics work with Salesforce?

One of the benefits of Microsoft Dynamics is that is offers a wide range of integrations, and yes, it even integrates with Salesforce. This can streamline a number of processes in your business, although it seems unnecessary unless you have other Microsoft business resources in your business.

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Competitive position

Salesforce is the global leader in customer relationship management software, with a market share greater than that of its three closest competitors combined. And it continues to widen its lead over its rivals.

Financial strength

Let's now review some key financial metrics to see how these tech giants stack up.

Growth

Microsoft may be more financially powerful, but Salesforce is expanding at more rapidly. Wall Street expects Microsoft's earnings to rise by 14.5% annually over the next five years, driven primarily by its Office 365 and Azure cloud services.

Valuation

Lastly, let's compare the two based on some common stock valuation metrics.

The better buy is..

Ultimately, you'll need to decide which of these factors is most important to you. Value-focused investors will likely appreciate Microsoft's greater financial strength and more attractively priced shares, while growth investors may prefer Salesforce's strong competitive position and superior pace of expansion.

How many DAUs are there in Microsoft Teams?

While Microsoft Teams has enjoyed explosive growth, from about 13 million daily active users (DAUs) in mid-2019 to over 115 million DAUs recently, the last time that Slack reported DAUs was in September 2019, when that figure was 12 million.

What company bought Slack?

Microsoft Corporation ( MSFT) faces the possibility of increased competition for its Teams product, an enterprise collaboration software platform, in the face of the announcement that salesforce.com, inc. ( CRM) has agreed to purchase Slack Technologies, Inc. ( WORK) for $27.7 billion.

Is Microsoft a big company?

Microsoft is one of the biggest companies in the world, with exposure in software, hardware, video game consoles, and OEM licensing of its Windows desktop OS. While consumer profits are important, its enterprise contracts are what really made Microsoft a juggernaut.

Is Microsoft fighting Salesforce?

Microsoft isn’t just fighting Salesforce – it has rivals on all fronts, and the video game console wars will define its profitability for the fourth quarter of 2020. If this launch doesn’t go well, it’ll lose valuable market share to rival Sony ( SNE).

Is Salesforce a CRM?

Microsoft and Salesforce are competing head-to-head fore the crown of best CRM platform. Neither company is new, and they both have large enterprise contracts to leverage with its other products and services.

What is the best feature of Dynamics 365?

The developers behind Microsoft Dynamics 365 have put a lot of attention into building a mobile version defined by great user experience and ease of use. One time-saving feature is 'favorites,' which helps you get quick access to recently used records, dashboards, and project overviews. In addition to a mobile app for phones, the vendor also has an app specifically optimized for tablets.

How much does Microsoft Dynamics 365 cost?

Microsoft Dynamics 365 pricing 1 Sales Professional plan is $50 per user/per month for a first-time user and $20 per user/per month if the user already has Dynamics 365 product (s), billed annually 2 Sales Enterprise plan is $95 per user/per month for a first-time user and $20 per user/per month if the user already has Dynamics 365 product (s), billed annually 3 Microsoft Relationship Sales (includes Sales Enterprise and LinkedIn Sales Navigator) is $130 per user/per month, billed annually (requires a 10 user minimum) 4 Customer Service Professional plan is $50 per user/per month for a first-time user and $20 per user/per month if the user already has Dynamics 365 product (s) 5 Customer Service Enterprise plan is $95 per user/per month for a first-time user and $20 per user/per month if the user already has Dynamics 365 product (s), billed annually

What is Microsoft Dynamics 365?

Microsoft Dynamics 365 is a comprehensive business suite of tools, built to handle pretty much every work process imaginable. It's based on the Microsoft Azure cloud computing ecosystem (note: an on-premise solution is also available if you so choose).

What is Configure Price Quote?

The platform offers Configure Price Quote software capability, allowing you to follow up on opportunities with quotes in short order. You can track which quote has been given to which customer, and also see which quotes have been offered to which customers, as well as the acceptance rate. This will allow you to calibrate the price point of your product or service offering, improving your overall sales pipeline.

Is Salesforce more user friendly than Dynamics 365?

Salesforce is generally more user-friendly in the UI department, and more customizable, but Microsoft Dynamics 365 is probably a bit easier to use for reporting. Then again, if you really want or need an on-premise deployment, a Microsoft Dynamics 365 plan is the only way to go—Salesforce is cloud-based, full-stop.

Is Dynamics 365 more expensive than Salesforce?

Dynamics 365 is more expensive to implement on a basic level, but this may be a moot point as you scale up, as the cost of using both Salesforce and Dynamics can easily increase to comparable levels depending on what add- ons and integrations you end up using.

Is Salesforce similar to Dynamics 365?

We can see that Salesforce and Microsoft Dynamic s 365 are similar in many regards. Both software solutions offer expansive platforms full of tools that can holistically improve all of your business processes.

What is Microsoft Business Platform?

The Microsoft Business Platform is designed to seamlessly work together with all the Microsoft tools you already know and use: Excel, PowerPoint, SharePoint, Skype, Teams, Word, Outlook, etc.

Which is the fastest growing platform?

Platform Summary: Microsoft’s platform is the fastest growing, has the greatest number of business apps and connectors, and is the largest platform available to organizations. Microsoft is accelerating debt free at a tremendous rate making it very difficult for other platforms to keep pace.

What is the difference between MuleSoft and Heroku?

Heroku – In 2010 they added this platform as a service (PaaS) that enables developers to build, run, and operate applications entirely in the cloud. MuleSoft – In 2018, they added the most widely used integration platform for connecting SaaS & enterprise applications in the cloud and on-premise.

Does Salesforce have the same number of apps?

Salesforce does not have the same number of included apps with its application. While the extensibility of the platform is comparable to Microsoft’s, the cost of implementing the extended functionality will most likely be much higher.

Can you use Dynamics with Office 365?

But it can’t touch the seamlessness of Dynamics’ integration with all the apps that come with Microsoft Office. If you are currently using, or thinking of using, Office 365, Dynamics is an app that is included on the Office 365 dashboard. To use it, you simply purchase the required licenses.

Is Salesforce a SaaS?

Salesforce does a great job of marketing the fact that they were the first to introduce SaaS automation into the marketplace, but the velocity at which Microsoft is investing and growing their business platform is astonishing. If you are looking for a true association business platform, the numbers don’t lie, Microsoft has many more features and is more affordable. Let us give you a preview and, we think you will be very pleasantly shocked.

Why is Salesforce the edge?

Put simply, Salesforce currently has the edge in sales intelligence AI because it beat Microsoft and other major players to the punch by several years in providing low-code sales AI solutions.

Is Microsoft responsible for AI?

Microsoft's Office of Responsible AI was opened just last year as part of its existing Corporate, External, & Legal Affairs (CELA) branch. So, Microsoft is not just late to the space compared to Salesforce -- it is late to developing ethical AI applications that are critical to building customer trust and retention.

Is Salesforce still growing?

Salesforce still has room to grow, and the company continues to add complementary offerings to its Customer 360 platform (i.e., its core business). Although Salesforce holds the No. 1 spot in the CRM industry by far, that leadership position translates to only 20% of the market -- indicating much more room for growth in Salesforce's core business.

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Competitive Position

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Salesforce is the global leaderin customer relationship management software, with a market share greater than that of its three closest competitors combined. And it continues to widen its lead over its rivals. Salesforce is also expanding into massive new markets. Its acquisition of MuleSoftmade it a leader in the rapidly gr…
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Financial Strength

  • Let's now review some key financial metrics to see how these tech giants stack up. Data sources: Morningstar, company filings. Microsoft's revenue and cash flow production dwarf those of Salesforce. It also has $54.5 billion in net cash on its balance sheet, compared to $1.1 billion for the SaaS player. Clearly, Microsoft has a substantial edge in terms of financial strength. Advanta…
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Growth

  • Microsoft may be more financially powerful, but Salesforce is expanding at more rapidly. Wall Street expects Microsoft's earnings to rise by 14.5% annually over the next five years, driven primarily by its Office 365 and Azure cloud services. Salesforce, meanwhile, is projected to grow its profits by 28.5% annually during that period, fueled by its sales, service, and marketing cloud …
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valuation

  • Lastly, let's compare the two based on some common stock valuation metrics. Data sources: Morningstar, Yahoo! Finance. By every measure, Salesforce's shares are significantly more expensive than those of Microsoft. This is to be somewhat expected, considering Salesforce's higher projected earnings-growth rate. But even if that is factored in -- as the PEG ratio does-- Mi…
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The Better Buy is...

  • Ultimately, you'll need to decide which of these factors is most important to you. Value-focused investors will likely appreciate Microsoft's greater financial strength and more attractively priced shares, while growth investors may prefer Salesforce's strong competitive position and superior pace of expansion. Either way, you'll be buying an elite...
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