Microsoft Corp.(MSFT) and Salesforce.com, Inc. (CRM) took forward their strategic alliance as they revealed new joint solutions at Dreamforce 2014, the world's largest software conference. The strategic partnership between the companies was first disclosed in May this year.
Dreamforce witnessed the two companies unveiling the following joint solutions – Salesforce1 for Windows, Salesforce for Office and Power BI for Office 365, and Excel integrations with Salesforce.
The companies disclosed that in 2015, they will release a Salesforce1 app for Windows Phone. Alongside, OneDrive will be linked to the Salesforce solutions. In addition, Office will also be incorporated with the Salesforce suite.
Through the alliance, Microsoft will gain an opportunity to provide its user-friendly products to Salesforce users. Salesforce, on the other hand, will be able to sell its SaaS product in the more conservative enterprise channels, currently controlled by Microsoft.
The companies plan to integrate Salesforce into Office, SharePoint and OneDrive for Business on the Android and iOS platforms in the first half of 2015.
Also, in the first half of 2015, the companies plan to ship a Salesforce app for Outlook.
The second half of 2015 will also see a Salesforce1 app for Windows Phone along with a Salesforce app for Excel.
Microsoft currently has a Zacks Rank #4 (Sell).
Other Stocks That Warrant a Look
Some other well-placed stocks in the industry are Aspen Tech Inc. (AZPN) and Park City Group Inc. (PCYG). Aspen Inc. Sports a Zacks Rank 2(Buy) while Park City sport a Zacks Rank #1 (Strong Buy).
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