financetom
Technology
financetom
/
Technology
/
Salesforce expands local cloud platform to Israel
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Salesforce expands local cloud platform to Israel
Sep 11, 2024 3:38 AM

TEL AVIV, Sept 10 (Reuters) - Cloud software firm

Salesforce ( CRM ) said on Tuesday its Hyperforce cloud platform

was now available in Israel, which will allow sensitive

government and companies' data to stay local.

The platform, two years in the making, will initially run on

Amazon Web Services (AWS) infrastructure and possibly later on

Google Cloud Platform, company officials said.

Itai Margalit, head of sales at Salesforce ( CRM ) in Israel, said

having a cloud platform would benefit government entities and

those firms "that are regulated and need to comply with privacy

laws ... and cannot go out of the boundaries of Israel."

The cloud platform in Israel is the 17th globally for

Salesforce ( CRM ). Until now, data from its thousands of companies in

Israel were storing data at its Frankfurt facility.

"The Israeli government approved our Frankfurt data center,

for government use," Udi Shvekey, the lead architect for

Hyperforce, said on the sidelines of a press conference in Tel

Aviv.

Salesforce ( CRM ), which has three sites in Israel and 750

employees after acquiring a half dozen Israeli startups, said

all its customers would be soon migrated to the local cloud

platform.

Salesforce ( CRM ) has also been heavily investing in artificial

intelligence (AI) for months and integrating the technology into

the workflows of its large suite of products to drive revenue

and margins.

Margalit said its Israel R&D center was one of the three

strategic sites for Salesforce ( CRM ) along with the United States and

India.

"Here we are doing a lot of development on the cutting edge

technologies with AI," he said.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Brent crude oil attacks its current resistance- Analysis-29-08-2025
Brent crude oil attacks its current resistance- Analysis-29-08-2025
Aug 28, 2025
The (Brent) price witnessed fluctuated move on its last intraday levels, amid its attempts to breach the current resistance level at $67.60, this level was our yesterdays suggested target, taking advantage of the dynamic support that is represented by its trading above EMA50, and under the dominance of the bullish correctional trend on the short-term basis and its trading alongside...
The USDCHF attempts to recover some of its losses-Analysis-29-08-2025
The USDCHF attempts to recover some of its losses-Analysis-29-08-2025
Aug 28, 2025
The (USDCHF) price rose in its last intraday trading, supported by the emergence of the positive signals on the (RSI), after reaching oversold levels, to recover some of its previous losses, amid the dominance of the bearish correctional trend on the short-term basis and its trading alongside a bias line, with the continuation of the negative pressure that comes from...
Silver Price is in a truce to catch its breath-Analysis-29-08-2025
Silver Price is in a truce to catch its breath-Analysis-29-08-2025
Aug 28, 2025
The (silver) price declined in its last intraday trading, gathering the gains of its previous rises, attempting to gain positive momentum that might help it to recover and rise again, besides the attempt of offloading its clear overbought conditions on the (RSI), with the emergence of the negative signals from there, this comes amid the dominance of the bullish trend...
A Look Into Western Digital Inc's Price Over Earnings
A Look Into Western Digital Inc's Price Over Earnings
Aug 28, 2025
In the current session, the stock is trading at $81.99, after a 1.64% spike. Over the past month, Western Digital Inc. stock increased by 4.26%, and in the past year, by 65.58%. With performance like this, long-term shareholders are optimistic but others are more likely to look into the price-to-earnings ratio to see if the stock might be overvalued. Western...
Copyright 2023-2025 - www.financetom.com All Rights Reserved