The fastest growing business within Salesforce is the company's marketing cloud. The products' Chief Strategy Officer Jon Suarez-Davis explains the factors leading the marketing clouds growth.
Shares of Salesforce are up more than 50 percent year to date. Suarez-Davis says the marketing cloud generated about $1 Billion in revenue this year. He says the key to achieving this growth is customer centric solutions that enable marketers to deliver real-time brand experiences.
Salesforce recently announced a partnership with Google Analytics for the marketing cloud. Suarez-Davis says this will extend Salesforce's value proposition for clients not only in marketing but across sales and services. When looking at the crowded cloud computing space, Suarez-Davis says their unique position in the landscape as a fully integrated platform across marketing, service, commerce, and sales helps Salesforce stand apart.
According to a recent report from T-Mobile, spam call traffic doubled in 2021. The company says so far they have been able to block just 21 billion spam calls for their customers this year. Despite telecom giants blocking these calls, a number of customers continue to receive these spam calls, especially during the holiday season. Founder and President of Vertical Consultants Hugh Odom, joined Cheddar to discuss more.
Venture capitalists and CEOs are clashing over the future of the internet. Web3 is the tech world's name for a decentralized, blockchain-based internet that runs on cryptocurrency. It was recently the topic of a tweet from Block CEO and former Twitter CEO Jack Dorsey who wrote that Web3 will not actually be owned by users, and instead be controlled by rich venture capitalists. Dorsey later shared that he was blocked on Twitter by Marc Andreesen, co-founder of VC firm Andreesen Horowitz, which has invested billions of dollars into Web3 and crypto projects. Correspondent for DealBook from the New York Times, Ephrat Livni, joins Cheddar News' Closing Bell to discuss what this could mean for the future of Web3.
Prices at the pump this year reached a seven-year high, and a new forecast from GasBuddy shared with CNN predicts that gas prices will only continue to rise in 2022 and that the national average could even reach $4.00 a gallon; however, analysts at GasBuddy say anything could happen when it comes to gas prices in the future, as the pandemic has made it difficult to make any predictions about the economy. Consumer Energy Alliance federal policy advisor Michael Zehr joins Cheddar News' Closing Bell to discuss.
