CRM giant Salesforce does a "Facebook for Business"

Salesforce will offer to its customers the possibility to share data amongst themselves. The new feature called "Salesforce to Salesforce" will help create business networks more quickly.

For a cost of USD 1200, Salesforce to Salesforce will enable "Shared Data and Processes for Companies that Both Use Salesforce" and "Instantly connect with other companies (business partners, suppliers, and customers) via Salesforce".

This could potentially mean significant savings and more revenues for Salesforce customers as the Customer Relations Management specialist takes on cues from Facebook system.

Salesforce has also announced that it had reached the one million customers milestone, only 16 months after reaching the 500,000 subscribers mark.

The move could also indicate that growing clout in the CRM sector could overspill to other sectors.

Business-oriented Social Network Linkedin could prove to be a potential partner/acquisition who has a market capitalisation of USD 6.62 billion.

Linkedin has been valued at roughly USD 1 billion by News Corp Magnate Rupert Murdoch.