Enterprise

Salesforce's next big product will be called 'Einstein'

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Marc Benioff
Salesforce CEO Marc Benioff  Techonomy

Salesforce's enormous customer conference, Dreamforce, will take place in early October and the star of the show will be a new product called Einstein, CEO Marc Benioff revealed to Forbes' Alex Konrad.

Einstein is Salesforce's attempt to add artificial intelligence to its flagship customer relationship management product. While we don't know many details about the product yet, Benioff does tend to like to tease the company's major new product releases by dribbling out tidbits before the official announcement. 

For instance, Benioff tweeted out that Einstein will be the "first comprehensive AI platform for CRM." While that sounds like a bunch of buzzword gibberish, it underscores that Einstein is the AI product that Benioff had hinted about a few months back, when he spoke to Wall Street analysts during a quarterly conference call

"We are introducing this AI wrapper," he said. "Artificial intelligence is becoming part of Sales Cloud." He said at the time, that AI will eventually be part of all of the company's apps.

It's not the first AI product that Salesforce has offered its CRM customers. That honor would go to SalesforceIQ Inbox app, a product that came from Salesforce's $390 million acquisition of RelateIQ in 2014, and that helps salespeople prioritize their inbox.

And in a sign that's not terribly great news for Einstein, the guy who was running it, the co-founder and CEO of RelateIQ, Steve Loughlin, has already announced his resignation from Salesforce, Konrad reports. He could be leaving for a VC job.

But Benioff has been saying he believes so strongly in artificial intelligence as the Next Big Thing in the tech world, that he's got others to turn to, such as Salesforce chief scientist Richard Socher. Socher is a Stanford AI researcher who founded a startup called MetaMind with backing from Benioff. Salesforce turned around and MetaMind outright in April, for an undisclosed sum, shuttered it and kept Socher and team on the payroll.

And Benioff has bought other AI startups, such as machine learning startup PredictionIO, smart calendar app Tempo AI. Before that, Salesforce was hiring data scientists, including poaching a number of them from LinkedIn, VentureBeat reported at the time.

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Julie Bort was Business Insider's Editor at Large for the Tech team. She loves investigating stories and shedding light on the tech industry's most amazing people.Here's a small sample of some of Julie's work.Former Pinterest employees describe a traumatic workplace where managers humiliate employees until they cry, Black people feel alienated, and the toxic culture 'eats away at your soul'Sex, tequila, and a tiger: Employees inside Adam Neumann's WeWork talk about the nonstop party to attain a $100 billion dream and the messy reality that tanked itInsiders say WeWork's IT is a patchwork of cheap devices and Band-Aid fixes that will take millions to fixWeWork's toxic phone booths were created in-house by its Powered by We business70-hour weeks and 'WTF' emails: 42 employees reveal the frenzy of working at Tesla under the 'cult' of Elon MuskElon Musk works so many hours at Tesla, employees are constantly finding him asleep under tables and desksHow this woman went from a Pizza Hut employee to a founder of a $4 billion startupAn Oracle insider explains how some salespeople gamed the system to sell more cloudTHE TAKEDOWN OF TRAVIS KALANICK: The untold story of Uber's infighting, backstabbing, and multimillion-dollar exit packagesMicrosoft is in talks to buy GitHub, a startup at the center of the software world last valued at $2 billionThe alarming inside story of a failed Google acquisition, and an employee who was hospitalizedInside Facebook's plan to eat another $350 billion IT marketHow a registered sex offender wound up living in an Airbnb hosting unsuspecting guestsA controversial ex-banker is the person who really runs Twitter — and he's gambling the company's future on one risky betSecret passages and skipped meals: Oracle's CEO gave us a rare peek at what it really takes to run a $37 billion companyHP told some employees to choose between becoming contractors with no benefits or being fired without severance'I felt like we were being extorted': Customer says Oracle tried to strong-arm him into a cloud saleHow the queen of Silicon Valley is helping Google go after Amazon's most profitable businessAirbnb host: A guest is squatting in my condo and I can't get him to leaveLIES, BOOZE, AND BILLIONS: How one of the fastest-growing startups in Silicon Valley history raised $580 million then spiraled out of controlGitHub is undergoing a full-blown overhaul as execs and employees depart — and we have the full inside storyWhen she's not writing for Business Insider, Julie can usually be found on the trails, on my mountain bike, or on my skis, if you know where to look.