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Welcome to squawk alley for your wednesday morning im Carl Quintanilla with julia bore steen, mike san tolely with us for the hour dow is lagging down 60 jackson hole tomorrow, of course, were watching hurricane laura, the retailers but mike, crm, continues to astound. We thought 20 gain was impressive its now at session highs of 27 today alone on what bloomberg called the best revenue surprise in a decade. Yeah. Its pretty remarkable obviously the results themselves are emboldening people to say that this was as expensive as the stock has always looked undervalued or misvalued or didnt appreciate the durability of what theyre doing on the market share side of things for the longterm. What is interesting, too, if you look at it compared to some of the other software bell weathers over the last couple years, as big as todays move is, its kind of a catchup if you look at how microsoft and adobe in particular their anointing crm in ....
Madame clerk can you please call item number one. Item one, 191022. Resolution authorizing the department of technology to enter into an agreement between the city and county of San Francisco and convergeone, inc. , for the purchase of cisco products and services, with a not to exceed amount of 70,000,000 for the term ending november 1, 2022, to commence following board approval, with two twoyear options to extend at the sole and absolute discretion of the city. Thank you very much. We have the city chief information officer. Good morning, supervisors. Thank you for having us here today. I would like to start with i think you two ryan roberts with a thank you to ryan rober roberts. We are here today to talk about an Enterprise Agreement with coverageone for products and services. [inaudible] this was a competitive agreement with an rfp. Where we advertise for cisco retai ....
Madame clerk can you please call item number one. Item one, 191022. Resolution authorizing the department of technology to enter into an agreement between the city and county of San Francisco and convergeone, inc. , for the purchase of cisco products and services, with a not to exceed amount of 70,000,000 for the term ending november 1, 2022, to commence following board approval, with two twoyear options to extend at the sole and absolute discretion of the city. Thank you very much. We have the city chief information officer. Good morning, supervisors. Thank you for having us here today. I would like to start with i think you two ryan roberts with a thank you to ryan rober roberts. We are here today to talk about an Enterprise Agreement with coverageone for products and services. [inaudible] this was a competitive agreement with an rfp. Where we advertise for cisco retai ....
I am chair of the budget and finance committee. I am joined by supervisor stefani and. Four. I would like to thing Samuel Williams from sfgovtv for broadcasting this medium. Meeting. Please be sure to silence cell phones. Madame clerk can you please call item number one. Item one, 191022. Resolution authorizing the department of technology to enter into an agreement between the city and county of San Francisco and convergeone, inc. , for the purchase of cisco products and services, with a not to exceed amount of 70,000,000 for the term ending november 1, 2022, to commence following board approval, with two twoyear options to extend at the sole and absolute discretion of the city. Thank you very much. We have the city chief information officer. Good morning, supervisors. Thank you for having us here today. I would like to start with i think you two ryan roberts with a thank yo ....