Salesforce is paying top dollar for growth — and not just in the cloud

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Salesforce has been a huge cloud evangelist for the last two decades, but the purchases of MuleSoft and Tableau show a change in approach.

Tableau is not a cloud company. Its products run primarily in on-premises data centers, with over one-third of deployments in the cloud, CEO Adam Selipsky said on the call with analysts after the deal was announced. Similarly, in March 2018, Salesforce spent $6.5 billion on, whose software connects data that's stored in all sorts of places, regardless of whether it's running in the company's data centers or if it's hosted elsewhere.

On Monday's call, Benioff called Tableau a "jewel in our industry" and said "our customers are looking to do a lot more in this area" in terms of integrating the software across Salesforce's products.

 

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