Some really interesting takeaways from Salesforce Ben on ecosystem trends in 2024. While I don't share the view that AI is overhyped (is it a bubble? Kind of, but still here to stay), the tightening job market, opportunities for experienced resources to apply niche solutions, and the movement of Data Cloud into a top CDP player are spot on. Half way through 2024 my SFDC predictions look like this: 1. Data Cloud will continue to be Salesforce's fastest grower. I agree with the article's takeaway here: CDP is a huge priority for enterprise clients, and will grow more important for mid-market companies that are adopting data strategies. Expect to see a LOT of Data Cloud info at Dreamforce this year. 2. Einstein 1 will closely follow. Bit of a hot take here (it just went GA in Q1), but I expect a MASSIVE uptick in E1 adoption in Q3 & Q4 as companies buy into the Trust Layer. Data security is probably the biggest blocker of AI adoption right now, and I think SFDC solved it (or at least got 90% of the way there). 3. Salesforce resources will continue to struggle in a weak market. This is especially true for anyone with less than five years experience. I could see it rebounding in 2025, but for the remainder of the year the competition will be fierce and experience will be highly prioritized. 4. But specialized talent will always find a home. CPQ, Data Specialists, RLM, Life Sciences, and other niche specializations will come up on top. I expect most shops to double-down on ICP (no more "We do everything" umbrella), and resources with specializations to match will continue to be in demand. What do you think? Does Salesforce Ben have it right on the state of the ecosystem? What does 2024 look like to you?
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From a cooling job market to the rise of specialized skills, AI hype meeting reality to Salesforce Data Cloud taking center stage, read on to find out the good, the bad, and the ugly factors shaping the Salesforce ecosystem this 2024 and beyond. #Salesforce #SalesforceJobs #SalesforceCareers #CapitalInfoGroups
Top 10 Salesforce Ecosystem Trends in 2024: The Good, the Bad, and the Ugly
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🚨 Historic Drop for Salesforce Stock! 🚨 Salesforce is facing a historic plunge in the stock market, losing nearly a quarter of its value in a single day! 📉 One reason? A stellar previous quarter masked the softness in the enterprise software market. While companies like Snowflake took a hit earlier, Salesforce is now catching up to economic realities. Given Salesforce's status as a bellwether for the Enterprise Software market, many analysts are likely revising their models this morning. 📊 In the US and EMEA, the IT downsizing mood persists, making it tough for IT buyers to commit to new investments. Meanwhile, markets in Japan and India present growth opportunities. 🌏 It's essential to recognize that Salesforce's challenges are even more pronounced in the US and EMEA. Trailblazers, do you agree that enterprises are hesitant to hire new tech workers? This reluctance impacts how they value and purchase Salesforce licenses. 💼 What's your take? I've highlighted some macroeconomic factors. Do you believe other Salesforce bubbles have popped? 🔥 This post has nearly 50,000 views! 🔥 Thank you all for engaging and sharing your insights! #Salesforce #EnterpriseSoftware #StockMarket #TechIndustry #ITInvestments #EconomicTrends #Trailblazers #BusinessGrowth #AnalystInsights #GlobalMarkets
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👇 #CFO #CMO #CEO #CSO #privateequity #portfoliocompany Are you using Salesforce.com? You are most likely spending ridiculous amounts of consulting fees or inhouse costs on administration that has been commoditized and not creating real value! NVal Solutions, Inc. can reduce cost while also unlocking additional Salesforce value. #8. Commoditized vs. Valuable Skills (SalesforceBen -Top Trends 2024) There is no doubt that some Salesforce skills are becoming commoditized. The days of an Admin role simply administering users, adding permissions, and basic automation via workflows are long gone. The power of the Salesforce platform has grown exponentially in the past ten years with the addition of the Lightning Experience and declarative automation such as Flow, and companies want to maximize their expensive investment. But most Salesforce organizations are far from perfect. They are riddled with technical debt or have misaligned business processes vs. technical implementation. Salesforce itself is also becoming increasingly more complex. This opens the doors for a certain type of Salesforce professional: individuals who have years of experience, who have seen the pain points of bad implementations, people who know how to implement niche solutions for industries or products. These types of Salesforce skills are going to be in demand for years to come.
Top 10 Salesforce Ecosystem Trends in 2024: The Good, the Bad, and the Ugly
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The Salesforce ecosystem feels a tad deflated at the moment. Revenue growth is down, layoffs, job saturation, and a lot less buzz than a few years ago 😕 But it's not just Salesforce, it's most of the technology sector. So it's time to recalibrate, focus, and pay attention to the skills that will be in demand in years to come. Our recent SF Ben Developer survey revealed a huge amount of information about what is holding teams back, the skills that professionals feel they are lacking, and some clues to what is important in the here and now... 〈〉Frontend Development & Lightning Web Components 📜 Gathering the right requirements 🤖 Deployments, DevOps, SFDX, CLI & Git 🦾 AI Coding Tools & Safety 👨💻 Extra coding languages: Javascript, HTML, CSS & Python 💻 Integrations with other systems 🔧 Fixing Technical Debt Follow the clues, and take charge of your future... Find your copy here - https://lnkd.in/eQn9MXUE
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SalesForce stock experienced a significant drop recently, impacting investor confidence. This decline may indicate potential volatility in the tech sector. #SalesForce #StockMarket The latter half of 2024 could bring turbulence to global stock markets. Investors should brace for possible fluctuations and market instability. #GlobalMarkets #MarketTurbulence The AI and semiconductor boom observed in 2023 and 2024 might undergo a correction. This adjustment could affect companies heavily invested in these technologies. #AIBoom #SemiconductorMarket
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