Dimension Data, one of the world’s leading information services companies and the official partner of the Tour de France, has launched its new strategic hub in London.
The tech giant, worth approximately 8 billion USD, opened an additional office in state-of-the art premises in the the Verde building in Westminster. The company said in a statement that this commitment “demonstrates Dimension Data’s continued investment in the UK market.”
The new premises will bolster the presence of Dimension Data’s global senior executive team in the UK market and becomes the central base for Executive Committee members including Jason Goodall, (Group Chief Executive Officer), Dave Sherriffs (Group Chief Financial Officer), Paolo Masselli, (Group Chief Operating Officer – Go-to-Market), Ruth Rowan (Group Executive – Marketing), Marilyn Chaplin (Group Executive – People and Culture) and Andrew Briggs (Group Executive – Global Business).
The announcement comes as a blow to French President Emmanuel Macron, who has been preparing for Paris to overtake London as the European tech capital. On Monday, the French Finance Minister Bruno Le Maire detailed the funding of a $13 billion investment fund to finance disruptive technology innovations in France, which was first announced last summer. But in an interview with CNBC, Dimension CEO Jason Goodall said that whilst France is an important market, Paris was not considered in the choice for the new hub.
Although Paris and France is an important market for us, from a global head office perspective, London just suited our purposes better.
Goodall went on to detail the ease of Heathrow and the time zone in London as another reason why it was simpler to attract his executives to move to London instead of Paris. Footage of the interview is below: