The Salesforce AppExchange is where companies can find third-party applications that run on and integrate with the Salesforce platform. David Schmaier, CEO and Founder of Vlocity, a Forbes Cloud 100 Company, says that Vlocity is the fastest company ever built on the Salesforce AppExchange and the Salesforce platform.
Companies leverage Vlocity Industry Cloud apps to extend the power of the Salesforce platform.
Vlocity CEO and founder David Schmaier discussed his companies amazing rise in an interview at Dreamforce:
Vlocity Has 5 Industry Verticals Built on Top of Salesforce
Vlocity is the single fastest company ever built on the Salesforce AppExchange and the Salesforce platform. The app exchange has 4,000 companies that do basically everything you can do possibly with the world’s number one CRM platform and cloud platform Salesforce. What we do is we build five industry verticals on top of the Salesforce platform; communications and media, insurance, healthcare, government, and our newest addition is the energy business. We take what our regulated businesses and we make them digital.
I came to my first Dreamforce in 2013 and I was looking around for opportunities. Some friends had built a company called Veeva, which is the biggest company ever built on the Salesforce platform and they do pharmaceutical and life sciences CRM. I came to Dreamforce to find the next Veeva and when I found was astonishing. Back then there were around 2,700 companies on the AppExchange and I saw CPQ, CGI, Middleware and Document Management, but no other industry vertical applications.
There was only one back then and yet it was the largest company ever built on the Salesforce platform and the only one to go public. You didn’t need to be a Ph.D. in computer science to figure out that there was an opportunity to build another Veeva, a bigger Veeva, which we call Vlocity.
Vlocity Transforms Industries to be Modern, Digital, and Customer Centric
We named the company Vlocity because we’re fast, but we try and we’re trying to improve the agility of our customers. A good example of this is last night we were with New York Life Insurance which has rolled out about 18,000 users of Salesforce and Vlocity in about a year and they do it all in a mobile-first way.
Before they would go in and talk to you about life insurance in your kitchen with pen and paper and now they just tap on their phone to sell life insurance. We’ve taken the whole process and made it mobile first and made it digital so they can connect with their customers in a whole new way. That’s the kind of capabilities that we provide for people. We call it digital, we call it agile and it’s all available now on the mobile device.
Vlocity Announces New Mobile Products
We’re announcing two new mobile products. The first is a visual studio where I can point and click and drag and drop and I can put in a companies logo and I can build high fidelity rich mobile apps and I can deploy them really really fast versus having to custom build them. We simplify the development process and allow you to point-and-click and put your colors and your branding and your logo and roll out very high fidelity mobile apps.
The second part is we’re coming up out with a new app for consumers so that when I want to browse my bill or look at my usage or add devices or buy the new iPhones that just came out I can do that all from a branded consumer mobile app that’s that comes out of the box and ready for use. We’re doing a lot of things in the mobile-first area.
Vlocity Integrates AI and Siri
I’m excited about Salesforce’s big announcement this week where Einstein and Siri are now best friends. We were in parallel working on these mobile apps and because our software’s all built 100% native and additive on the Salesforce platform all that great work Salesforce is doing with Einstein and Siri we get for free.
Now we can ask Siri questions about paying the bill or understanding usage or adding the new iPhone and I can do that all through the voice capabilities that Salesforce has added to the platform. The platform keeps getting better with analytics, with Einstein, now Einstein meets Siri, and we’re just thrilled to be part of this great ecosystem.