CLAIM #17262 · Salesforce.com Inc (CRM) · 2025Q2 earnings call · Aug 28, 2024 · due Jan 31, 2026
“It will be the fastest product to $1 billion -- it's going to probably be the fastest product of $5 billion, $10 billion.”
Marc Benioff · CEO
How to check this claim
Look at: Data Cloud annual recurring revenue (or company-disclosed cumulative revenue run-rate for Data Cloud product)
It came true if: Company discloses Data Cloud reaching $1 billion revenue/ARR faster than any prior Salesforce product reached that milestone
Where: Company-disclosed product revenue figures (earnings calls, investor presentations, press releases referencing Data Cloud milestones)
In context
“going to extend it all with this incredible agent capability. Now all of this type of performance from our Agentforce platform wouldn't be possible without Data Cloud. One of the reasons that our agents are so accurate is because of the huge amount of data and metadata that we had. And data is the foundation for every AI transformation. And with Data Cloud, we're providing a high performance data lake that brings together all our customer and business data, federating data from external repositories through this credible zero-copy alliance. So customers can use our Data Cloud and then federate and connect to all their other Data Clouds and then we can bring it all together to deliver the super accurate AI, that's why Data Cloud is absolutely our fastest growing organic product in history. It will be the fastest product to $1 billion -- it's going to probably be the fastest product of $5 billion, $10 billion. In Q2, the number of paid Data Cloud customers grew 130% year-over-year and the number of customers spending more than $1 million annually have already doubled. In the second quarter alone, and this is amazing, Data Cloud processed 2.3 quadrillion records with 110% platform consumption growth year-over-year. That is awesome. Just amazing, the scale and capability. And for customers who don't have that turned on yet and working at Dreamforce, we're going to focus on getting every customer on the Data Cloud. For the last 25 years, Salesforce has been deeply committed to building the most capable CRM apps that help our customers connect with their customers in this whole new way. We've automated every customer touch point and now we're bringing these apps, data and agents together. It's thes”
Verify independently
SEC filings for CRM ↗ · Claim quote is verbatim from the 2025Q2 earnings call.