Salesforce to invest $2.5bn in its UK business to accelerate growth
US cloud computing company, Salesforce, has announced that it will invest $2.5bn in its UK business over the next five years to increase its headcount, data centre capacity and office space.
London remains Europe’s top hub for tech investment despite uncertainty surrounding Brexit.
In fact, in 2017, the UK took in almost four times more funding than Germany and more than Sweden, France, and Italy combined, according to London & Partners, the Mayor of London's’ official promotional agency.
- Equifax names Bryson Koehler as new Chief Technology Officer
- Airport IT spending to reach $4.63bn by 2023
- A winning strategy: Why multi-cloud has to be the end game
Salesforce CEO Marc Benioff said: "The UK is Salesforce's largest market in Europe and our commitment to driving growth, innovation and customer success in the region has never been
"With this significant investment, we are well positioned to pursue the incredible opportunity for Salesforce, our customers and partners in the British market."
Known for its customer relationship platform (CRM), the San-Franciscan firm recently opened its first European innovation centre in Salesforce Tower London and is set to open its second UK data centre in 2019.
Championing the investment, British Prime Minister Theresa May said: “Salesforce offers a wonderful example of the benefits a successful technology company can bring to the UK economy, and I welcome their continued investment, which will create interesting and high-skilled jobs for our workforce.”
- ESG needs a rethink: Technology holds the keyAI & Machine Learning
- Saudi Arabia to invest US$6.4bn in technology and startupsDigital Transformation
- Government cloud provider UKCloud acquired by Hadston 2Cloud & Cybersecurity
- UK to boost cyber security of digital supply chainsCloud & Cybersecurity