but the announcement from salesforce about its mission de kamp last year certainly have a trigger effect, a big impact, followed on by the america's cup announcement -- the america's cup announcement. we will hear more about that in the wide-ranging attack. there is a twitter of fact and renewed look at revitalizing the market. the wrecking ball tipped around the transbay terminal, and there is work in progress, significant progress has been made there. that is a whole new neighborhood within the city that will build up. announcements of the moma expansion, the ucsf cardiovascular center at mission bay completed this year, and a hospital under way. the master developer announced great strides with treasure island, hunters point, part in merced, and work continues on doyle drive. there's so much to talk about. we cannot possibly capture it all. there's so much to look forward to. the projects all have a synergistic effect on our economy and jobs and all of the industries here. we have had such a profusion of technology companies, which have driven a robust office market. and biotech and c

that is true for salesforce and becloud computing. it works in real time much faster than what you would expect from enterprise software. how many times that even on the phone with a customer service help desk and they said, well, my computer is running at levels low today -- that is the slow lack of real time capability that you find in traditional enterprise software. salesforce.com, during this time of growth, has become the enterprise standard for cloud computing. we serve large businesses. but over time, we find that our own mix has been pretty stable. it third, third, a third, small, medium, and large companies. but you look at the consumption of resources. a company building and maintaining its own private data center is tremendously inefficient. uses a tremendous amount of electricity to heat, cool, and build in all the redundancies. cloud computing, because it is a shared resource, it is much more efficient and much greener than typical enterprise technology. we're proud of the fact that we have been recognized by just about

that is why salesforce has about eight floors here of great work they have. they will eventually -- they already are designing their whole campus in mission bay and using a lot of products here and their clients and customers using a lot of products to do that. i am excited to announce this and suggest to you that it is important, and my number goal is to create jobs and make sure that jobs-creating companies are here, they stay here. look out -- in six months, they will be right back here. we will make another announcement. hopefully another great contribution. maybe look at the first order -- the first quarter and hope that is as successful as the second quarter. thank you very much. [applause] questions? >> [inaudible] >> 150. >> [inaudible] [laughter] >> [inaudible] >> autodesk is a company that started in the bay area, reached to the d.c. area. started at the same time as companies like microsoft and adobe, so it is a 30-year-old company. it was originally headquartered in sausalito. about 15 years ago, we moved headquarters, and we have always had a sma

and who knows where the next salesforce might be lurking in the incubator san francisco? you heard the mayor say it, the cathedral hill hospital campus shelby. it will be the largest construction project, private construction project, coming into san francisco, pumping much-needed fuel and jobs into the economy. dr. browner will share with us the impact and what that will look like. he is the ceo of california pacific medical center, the largest hospital in san francisco and part of the sutter health system. he has been here in 1975, when he attended medical school at ucsf. and he got his master's at uc berkeley. he is a professor of epidemiology and biostatistics at ucsf. you can find him in his gym clothes most saturdays at the farmer's market buying produce. dr. browner, ceo of cpmc. [applause] >> thank you. actually, it is has had time for me, because the stone fruit season is about to end. [laughter] i will try to be respectful of your time, because i know i am is standing between you and the incredible presentation on the america's cup, filled with more rumbling bas

have the basic foundation to get those jobs we are trying to create in the city at zynga, twitter, salesforce, really good paying jobs. those are jobs i always talk about to kids. when you get a college degree, you join that millionaire club. that is the difference between people who have a college education and people who do not that are in the work force. over that career, it is a million-dollar difference. that is why this data, this improvement is so important for us. i want every kid in our school district system to be successful. not just graduate high school, but get into college and then be successful human beings and get the best jobs that we can possibly offer. that is the ultimate story year. while we are doing that, there will be distractions. there will be shortages of funding. there will be challenges that the city faces. i want to work with every element of our school district from our unions to the teachers and administrators. it is like not only cleaning up the area around the schools, but when i am notified that there are some foundations that have special funding to hit at

you know who salesforce is. they have been a huge leader in this. even in the whole bay area. you have netsuite. as i said, nearly everyone. i will give you one example, which you all are probably familiar with, which you will think is an odd example, which is opentable. i'm guessing because san francisco is ground zero, right? on the one hand, you see an open table as a consumer application cloud service, right? you go on, reserve restaurant space, right? it is free. the other side is a business application. they are selling to restaurants. software to help them increase the number of people. that has happened really within the past 10 years. as i said, every application. increasingly, what has happened is highly specialized applications. i will give you one example of that. dealer track. they actually do loan origination software for automotive loans. today, basically 80% of all the loans in the united states are processed through their software. we will see much more of this. we want to talk about not as public companies, tons of this. all of these guys uses the original cl

salesforce purchased in mission bay, one of the last parcels in the cloud computing. the competing firms that will propose to build some 2 million square feet of their headquarters in campus right there employing 8000 employees. now, on to even more exciting news. in addition to winning baseball games, the giants are working with the port on the lot that sits across from coleco from the giants stadium. currently a parking lot. but the site will be transformed into a mixed use neighborhood that includes a pedestrian, not -- pedestrian promenade. hundred 75 rental homes, exhibit space, new retail and up to 1.7 million square feet of office and by a tax base. this side said slightly south of the mission bay appeared filled with historic buildings that tell of san francisco was a industry, maritime pact, including bethlehem steel and the union iron works machine shop. the port will restore 700,000 square feet of historic resources while incorporating 3 million square feet of new office development for tech companies and art organizations. our california pacific medical ce

so i, sitting in starbucks, want to go to -- was just a salesforce that, -- let's just say salesforce.com. whose identity am i doing that under? the whole problem is that security is tighter i'd be. the moment you step out of the enterprise boundary, the identity is up for grabs. so extending the enterprise boundary, extending security, extending the enterprise into the cloud is a major challenge. they have to extend not only identity management, but also all the requirements for security and clients and those sorts of things. so the adoption of various cloud services notwithstanding, it is growing at pace. there are major changes still technologically to get it done. so the enterprise use public clouds as untrustworthy, and reliable, and scary, and yet, every single enterprise employee uses it. on the enterprise client, and all their own. and of 40 walks in with their own network nowadays, and the process enterprise data on the rise, and they probably -- it probably drag it into something like dropbox. tim mentioned an interesting statistic of how many people said they were using cloud.

and salesforce news for now coming up is the us. them. all. building bridges british and russian leaders pledge what differences aside it improving strained relations between the two countries. italy's disputed fifty four billion euro austerity package entering a final debate in the lower house of parliament but protests against popular cuts have already started. powering up iran prepares to officially plug in the russian build new share reactor station to the main national grid the country's first atomic facility. is a moment that the world is heading for a second sequel the recession as russia well plays to override the turmoil more and business is not trying to minutes. three pm in moscow i'm not good to have you with us here on r t our top story political differences won't be a sticking point in improving russian british relations as a pledge from leaders in both countries after a meeting in moscow it's the first official visit from a british head of state to the russian capital after. six years of strain ties are his and he said i was fol