Salesforce to Invest $2 Billion in its Canadian Business Over Five Years

By PRNewswire On Feb 9, 2018

Salesforce to Invest $2 Billion in its Canadian Business Over Five Years

Salesforce Commits to Fueling Company’s Growth and Innovation in Canada in Advance of a Meeting with Justin Trudeau, Prime Minister of Canada, at the Company’s Headquarters in San Francisco

Salesforce, the global leader in CRM, plans to invest $2 billion over the next five years to fuel the growth of its Canadian business, the company announced ahead of a meeting with Canadian Prime Minister Justin Trudeau.

Prime Minister Trudeau will visit Salesforce for a roundtable with Salesforce Chairman and CEO Marc Benioff and other business leaders on the importance of diversity and equality, following conversations at the World Economic Forum in Davos, Switzerland last month.

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.

I am thrilled to welcome Canadian Prime Minister Justin Trudeau to Salesforce & San Francisco on Thursday! Thank you for your fight for the equality every human being. Thank you for fighting the preservation of our global environment and the oceans. And Thank you for Neil Young. pic.twitter.com/kpimV61HqU

— Marc Benioff (@Benioff) February 8, 2018

“Canada is one of the most exciting investment opportunities for Salesforce and we are thrilled to commit $2B over the next five years to fuel future growth. As the world’s fastest growing top 5 software company, we look forward to a great partnership and to expanding our employees, customers and innovation in Canada,” said Marc Benioff, Chairman and CEO, Salesforce.

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Salesforce is the #1 CRM provider in Canada, with more than 1,300 local employees. The company is also the fastest growing among the three largest enterprise software vendors in the region according to Gartner Inc.’s latest worldwide All Software Markets market share report, based on 2016 total software revenue.1

More than 6,000 Canadian companies—including Air Canada, Husky Energy, Loblaws, Manulife, Roots, TD Bank and TELUS—are using Salesforce to connect with their customers in new ways across sales, service, marketing, commerce and more.

Also Read: Salesforce 3.75M Users Now Have Access to Fastbase, Inc.’s Powerful Lead Generation Software

Salesforce Ecosystem Fueling Canadian Economic Growth

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.2 Additionally, Canadians have earned more than 87,000 badges on Trailhead—Salesforce’s free, gamified online learning platform—acquiring the skills needed to succeed in today’s technology-driven economy and be a part of Salesforce’s flourishing ecosystem.

Salesforce’s Commitment to Giving Back in Canada

Salesforce employees in Canada are also committing to volunteer 45,000 hours in their local communities in 2018. Employees volunteered more than 34,000 hours in 2017 with local nonprofits. Salesforce.org has donated more than $1 million to local communities, and more than 800 Canadian nonprofits—including Canadian National Institute for the Blind, Heart and Stroke Foundation of Ontario, MS Society of Canada, Furniture Bank and Npower Canada—use Salesforce for free or at a discount.