Salesforce Industries? Vlocity? CPQ?
Gaurav Gupta
Salesforce Technical Architect | 15X Certified | Trainer | Double Ranger | Blogger
Dive into the latest talk of the town with the emergence of Salesforce Industries, formerly known as Salesforce Vlocity.
But What exactly is Salesforce Vlocity (or Salesforce Industries), and how does it reshape the landscape for Salesforce developers?
Post the 2020 Vlocity acquisition, Salesforce Industries revolutionized the game by delivering pre-built solutions on the Salesforce platform, addressing specific industry needs.
What is Vlocity?
Vlocity, now known as Salesforce Industries after its 2020 acquisition by Salesforce, is a native extension of the Salesforce Platform. It specializes in industry-specific solutions and provides digital, omnichannel processes for major corporations across diverse sectors.
Recognized for its expertise in communications, media, entertainment, insurance, financial services, health, energy, utilities, and government/nonprofits, Vlocity (Salesforce Industries) offers pre-built solutions on the Salesforce platform.
Originating in 2014, Vlocity rapidly earned accolades as an "industry cloud" pioneer, leveraging its applications on the Salesforce platform to address unique industry needs. The acquisition enabled Salesforce to integrate Vlocity's industry-specific CRMs into its product portfolio, creating Salesforce Industries.
What is Salesforce Industries?
In 2020, Salesforce acquired Vlocity, seamlessly integrating industry-specific CRMs into its portfolio, now termed Salesforce Industries.
Vlocity, an addition to the Salesforce family through official acquisition, emerges as a burgeoning industry cloud expert. With a relatively short existence, Vlocity has garnered extensive technical expertise across 14 diverse industries :
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Vlocity and CPQ difference.
Vlocity, as a company, provides industry-specific solutions, and one of its offerings includes CPQ (Configure, Price, Quote) capabilities. So, they can be referred to interchangeably when discussing Vlocity in the context of CPQ functionality.
It's important to note that Vlocity offers a broader range of industry solutions beyond CPQ,
Summary
I hope this helps you understand Salesforce Vlocity, Salesforce Industries, and CPQ, and the idea that, more or less, these are the same.