Salesforce – Indianapolis Business Journal

Home » Salesforce

Salesforce gives forecast for slowing sales growth in push for profit

June 1, 2023

Shares in Salesforce tumbled Thursday after the software company signaled it isn’t growing as fast as it used to while shifting its focus to generating a bigger profit.

5Comments

Salesforce giving up 25% of its space in state’s tallest building

April 13, 2023

Mickey Shuey

The tech giant, which has been cutting costs and restructuring its real estate in the face of a possible economic downturn, put three contiguous floors at Salesforce Tower in downtown Indianapolis on the market for sublease.

12Comments

Salesforce CEO vies to overcome investors’ AI skepticism while touting company’s quarterly numbers

December 4, 2025 | Associated Press

Salesforce is projecting $60 billion in revenue for its fiscal year ending in January 2030–a target that would require average annual increases of 10% from its forecasted sales of $41.5 billion for its current fiscal year.

Salesforce’s struggling stock needs strong earnings to show AI progress, analysts warn

September 3, 2025 | Bloomberg News and IBJ Staff

Salesforce shares are down 23% this year, putting them among the 30 worst-performing stocks in the S&P 500 Index. The company will release its second-quarter earnings Wednesday after the bell.

Indianapolis-based software firm Metaimpact lands $5M investment

August 8, 2025 |

Susan Orr

Metaimpact, a software company led by longtime local tech executive Scott McCorkle, has now raised $45 million since its launch in December 2018.

Salesforce agrees to buy Informatica in deal worth $8B

May 27, 2025 | Bloomberg News

The deal could be strategic given the intensifying competition in the market for artificial intelligence-driven databases.

Salesforce gives tepid outlook while touting AI

February 27, 2025 | Bloomberg News

Investors have flagged some uncertainty from changes in the company’s rank of top executives.

Salesforce cutting 1,000 jobs while hiring salespeople for AI

February 4, 2025 | Bloomberg News

Technology companies have grown more accustomed to regular job reductions after a massive wave of layoffs at the start of 2023.

Salesforce announces $1M grant to Indianapolis schools

September 16, 2024 |

Susan Orr

The grant brings Salesforce’s total giving to Indianapolis Public Schools district to $5.5 million over the past seven years.

Salesforce to cut about 700 workers, adding to tech layoff flood

January 26, 2024 | Bloomberg News and Associated Press

Other tech companies, such as Microsoft Corp., Alphabet Inc.’s Google and Amazon.com Inc., also signaled layoffs this month.

Amy Waggoner: EED is needed to keep downtown Indy vibrant

December 1, 2023 | Amy Waggoner

We [at Salesforce] understand the unique challenges facing downtown urban centers like the Mile Square, including cleanliness and security.

Indiana business leaders form coalition to boost civic engagement

September 15, 2023 | Peter Blanchard

The group hopes to improve civic education in a state that ranks among the bottom nationally when it comes to voter registration and turnout.

IBJ Podcast: Digging into Salesforce’s ‘restructuring’ and what it could mean for Indianapolis

January 9, 2023

The global tech giant revealed Wednesday that planned to lay off about 10% of its employees companywide and shrink its real estate footprint. But execs are mum on the possible ramifications for downtown’s Salesforce Tower.

Salesforce donates $1M to IPS for emotional, mental health

September 19, 2022 | IBJ Staff

IPS is expected to use the money to create sensory-friendly environments for struggling students, peer mentors and professional development sessions on social and emotional learning.

Tech startup led by Scott McCorkle lands $5.1M in angel funding

September 2, 2022 |

Susan Orr

Indianapolis-based tech startup MetaCX, a High Alpha portfolio company, has attracted more than $30 million in investment since the company’s launch in 2018.

Salesforce raises profit forecast on resilient demand for business software

June 1, 2022 | Bloomberg News

Shares in Salesforce experienced their steepest increase in almost two years on Wednesday after the company signaled that demand for business software is holding up despite a broader downturn for major tech firms. About 2,000 Salesforce Marketing Cloud employees are based in Indianapolis.

Carmel-based GyanSys acquires Vancouver-based Salesforce partner

January 13, 2022 |

Susan Orr

With the acquisition of British Columbia-based Groundswell Cloud Solutions, GyanSys now has more than 250 employees who work in the firm’s Salesforce practice.

New Salesforce co-CEO Bret Taylor has growth on his mind

December 1, 2021 | Bloomberg News

Investors are clamoring for the top provider of cloud-based customer relations management software to prove it can expand beyond its core business. Any misstep is bound to be noticed.

High Alpha leads $10M investment in Chicago-based software startup Logik.io

November 18, 2021 |

Susan Orr

Logik.io, which was launched in February, offers software that helps sales reps and customers secure price quotes in complex sales situations.

Tech startup co-founded by Scott McCorkle secures another $7M in funding

November 5, 2021 |

Susan Orr

MetaCX’s newest round of fundraising brings its total to $31.5 million, including multiple investments from several venture capital organizations.

New Emarsys CEO sees continued local growth ahead for software firm

October 1, 2021 |

Susan Orr

New Emarsys CEO Joanna Milliken, who starts in her new role Oct. 1, will oversee all of the Austria-based marketing tech company’s activities from Indianapolis. About 150 of the company’s nearly 700 employees are based in central Indiana.

MAY 22-28, 2026

Digital Edition

Lilly goes on $21B buying spree to build drug pipeline

Daniel Bradley

Health care summit uses IMS to draw together leaders from across sector

Tom Murphy / Special to IBJ

Q&A with Schahet Hotels CEO Jeffrey Brown about collaboration with Ball State

Dave Lindquist

Previous Issues See Full Issue

Events

IBJ will honor Indiana nonprofits, foundations, organization leaders, businesses who work with nonprofits and philanthropists at the inaugural Nonprofit Excellence Awards presented by KSM CPA & Advisors.

RSVP HERE!

More events

Nominations

IBJ’s 20 in their Twenties honors emerging leaders who are making an impact on their communities at the very start of their careers. These 20-somethings are entrepreneurs, engineers, volunteers and social justice advocates — and people who will continue to contribute in the decades ahead.

NOMINATE HERE!