logo
Plus   Neg
Share
Email

Salesforce To Invest $2 Bln In Canadian Business Over Five Years

Salesforce (CRM) said that it plans to invest $2 billion over the next five years to fuel the growth of its Canadian business.

As part of this investment, Salesforce plans to increase its headcount, real estate footprint and data center capacity to support its rapidly-growing customer base in the country.

Salesforce and its ecosystem of customers and partners in Canada will create more than 28,000 new direct jobs and $17 billion USD in new business revenue in Canada by 2022, according to research by IDC.

Salesforce employees in Canada are also committing to volunteer 45,000 hours in their local communities in 2018.

For comments and feedback contact: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
Auto giants Volkswagen AG and Ford Motor Co. announced the launch of a global alliance to jointly develop commercial vans as well as medium-sized pickups for global markets, beginning as early as 2022. The two automakers will also collaborate on electric vehicles. For both the companies, Ford will engineer and build medium-sized pickups, and also commercial vans for European customers. Asia-focused lender HSBC said it settled $250 billion worth of forex trades using blockchain in the last year. Since February, HSBC has settled over 3 million forex trades and made over 150,000 payments using the distributed ledger technology. The bank used its FX Everywhere platform to co-ordinate payments across its internal balance sheets, in dozens of countries. JPMorgan Chase & Co. (JPM) reported Tuesday a profit for the fourth-quarter that grew 67 percent from last year. It took a one-time charge, as a result of the U.S. tax reform in the prior year. Net revenue for the quarter rose 7 percent from the previous year. Revenue for the quarter missed analysts' expectations.
Follow RTT