Business Standard

New research finds Salesforce economy will create more than USD67 Billion in new business revenues in India From 2019 through 2024


Salesforce (NYSE
Skilling and ensuring the readiness of the future workforce for the economic and technological changes expected over the next decade is crucial. "The tech skills gap will become a major roadblock for economic growth if we don't empower everyone - regardless of class, race or gender - to skill up for the Fourth Industrial Revolution," said Sarah Franklin, EVP, and GM of Platform, Developers and Trailhead at Salesforce. "With Trailhead, our free online learning platform, learners don't need to carry six figures in debt to land a top job; instead, anyone with an Internet connection can now have an equal pathway to landing a job in the Salesforce Economy."
For the first time, Salesforce is bringing TrailheaDX, its annual developer conference, to India December 19-20. The conference provides technical sessions, hands-on workshops and boot camp tracks for Salesforce developers, administrators, and architects. The event is designed to empower a new generation of developers to create connected experiences, build apps fast and skill up.
Industry Economic Benefits of the Salesforce Economy
In this study, IDC looked at how the Salesforce Economy will impact revenue and job growth for six specific industries. Globally, the research shows:
* The financial Services industry will gain $224.0 billion in new revenues and 730,900 new jobs will be created by 2024.
* The manufacturing industry will gain $211.7 billion in new revenues and 765,800 new jobs will be created by 2024.
* Retail industry will gain $134.8 billion in new revenues and 539,700 new jobs will be created by 2024.
* Comms and Media industry will gain $129.7 billion in new revenues and 473,800 new jobs will be created by 2024.
* Healthcare and Life Sciences industry will gain $68.5 billion in new revenues and 222,600 new jobs will be created by 2024.
* Government industry will gain $64.7 billion in new revenues and 254,400 new jobs will be created by 2024.
The Dynamic Salesforce Ecosystem
Salesforce's multi-faceted ecosystem is the driving force behind the Salesforce Economy's massive growth:
* The global ecosystem includes multiple stakeholders, all of which play an integral part in the Salesforce Economy. This includes the world's top five consulting firms, all of whom have prominent Salesforce digital transformation practices; independent software vendors (ISVs) that base their businesses on the Salesforce Customer 360 Platform and bring Salesforce into new industries; more than 1200 Community Groups, with different areas of focus and expertise; and more than 200 Salesforce MVPs, product experts and brand advocates.
* Launched in 2006, Salesforce AppExchange is the world's largest enterprise cloud marketplace, and hosts more than 4,000 solutions including apps, templates, bots and components that have been downloaded more than 7 million times. Ninety-five percent of the Fortune 100, 81 percent of the Fortune 500, and 86 percent of Salesforce customers are using AppExchange solutions.
* Trailhead is Salesforce's free online learning platform that empowers anyone to skill up for the future, learn in-demand skills and land a top job in the Salesforce Economy. Since Trailhead launched in 2014, more than 1.7 million Trailblazers have earned over 17.5 million badges; a quarter of all learners on Trailhead have leveraged their newfound skills to jump-start their careers with new jobs.
This story is provided by BusinessWire India. ANI will not be responsible in any way for the content of this article.

Disclaimer: No Business Standard Journalist was involved in creation of this content

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First Published: Oct 29 2019 | 5:26 PM IST

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