October 14 (Reuters) – Canadian e-commerce platform Shopify Inc (SHOP.TO) partners with leading cloud companies including Microsoft Corp (MSFT.O) and Oracle Corp (ORCL.N) to help merchants streamline their business operations.
Business owners on the platform can now access Enterprise Resource Planning (ERP) tools including Microsoft Dynamics 365 Business Central, Oracle NetSuite, and Infor on the Shopify app.
Previously, they had to rely on third-party apps to connect Shopify to their ERP tools, ranging from financial tracks to inventory management systems.
Shopify provides an infrastructure for retailers to build their stores online and generates revenue primarily through subscriptions and merchant services.
The partnerships will help Shopify double its fast-growing merchant business and allow Microsoft and Oracle to strengthen their grip in a cloud market dominated by Amazon.com Inc’s (AMZN.O) AWS platform.
Reporting by Eva Mathews and Nivedita Balu in Bengaluru; Editing by Devika Syamnath
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