The downturn has had little effect on revenues at software as a service provider Salesforce.com, which reported...
revenue of $1.306bn, an increase of 21% on the preceding year.
Subscription and support revenues were $1.209bn, an increase of 23% on a year-on-year basis. Professional services and other revenues were $96.1m, an increase of 4% on a year-on-year basis.
The company said that 17,100 businesses were now running its software service, bringing the total to 72,500 users globally.
"Cloud computing is driving exceptional growth for Salesforce.com," said Marc Benioff, chairman and CEO of Salesforce. "Our Sales Cloud, Service Cloud, and Custom Cloud businesses all delivered outstanding results."
The company recently launched a private beta program for Salesforce Chatter, allowing users to run business collaboration over the cloud.