Salesforce projects $63 billion revenue by 2030 amid AI expansion

Salesforce has issued a revenue target exceeding $63 billion for fiscal 2030, surpassing analyst consensus estimates of $59.2 billion. This guidance comes as the company navigates shifts in the software-as-a-service industry driven by artificial intelligence. During its Dreamforce conference, CEO Marc Benioff highlighted new AI integrations, including 'Claudeforce,' which connects Salesforce data with Anthropic’s Claude model, and a new AI reasoning model named Koa, developed alongside Nvidia.

In a comparison of revenue trends, Salesforce maintains steady growth through its cloud-based customer relationship management suite, reporting quarterly revenues ranging from $9.4 billion to $10 billion in recent periods. Meanwhile, Palantir Technologies is experiencing rapid revenue acceleration, driven by data integration and analytical software for government and commercial sectors. Palantir recently secured a major agreement with the U.S. Army Contracting Command and expanded its commercial alliance with PwC.