Vendors That Survived the Recession: 2009 Dire Predictions Revisited
Demise Prediction Rate: 19%
January 2009 Market Cap: $4.22 billion
December 2009 Market Cap: $9.08 billion
Some people may scoff at the notion that Salesforce.com was ever in any danger of failing, but the prediction isn’t without merit. As cloud computing continues to grow in popularity, large vendors are looking for viable cloud companies with track records for success to buy as a means for establishing their own cloud presence. Over the past year, many people have speculated that Salesforce.com could be absorbed into Oracle, bought by an ever-hungry Cisco or taking in by rival Microsoft. That was only speculation; Saleforce.com has gotten stronger over the last year and continues to be the leader in the cloud computing model.