Citing its largest revenues ever, CRM industry leader recently claimed that cloud computing is the reason it has moved from a fringe company to a billion-dollar enterprise.

The company earned $1.2 billion in 2009, a 23 percent increase from the previous year. Overall, the company signed 4,600 new customers in 2009; its total now stands at 72,000.

Worrying about issues like security and allowing that skepticism to prevent shifting to cloud computing will prevent a company from growing, according to SalesForce.

"Cloud computing is driving exceptional growth for," said Marc Benioff, chairman and CEO of Salesforce. "Our sales cloud, service cloud and custom cloud businesses all delivered outstanding results. And the story is getting better: last week we launched a private beta program for Salesforce Chatter, allowing customers to experience, first hand, the next generation business collaboration model - a powerful alternative to legacy products such as Lotus Notes and Microsoft SharePoint - by delivering on the social models made popular by Facebook and Twitter."

CRM is still the largest industry in the cloud. The San Francisco Chronicle recently reported 40 percent of companies in the cloud are CRM vendors. ADNFCR-2553-ID-19638699-ADNFCR