[ACCESSWIRE]
LONDON, UK / ACCESSWIRE / December 5, 2016 / Active Wall St. blog coverage looks at the headline from Amazon.com Co. (NASDAQ: AMZN) and customer relationship management (CRM) company salesforce.com, inc. (NYSE: CRM). On December 02, 2016, Amazon.com's cloud platform company Amazon Web Services (AWS) and Salesforce.com announced the integration of five new services which will expand their global strategic alliance. Salesforce also announced that the company would be using AWS's cloud infrastructure to manage its expanding customer base in Canada. Register with us now for your free membership and blog access at: http://www.activewallst.com/register/.
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The integration of the five services is aimed at providing better customer satisfaction. The integrated services will enable customers to analyze the captured data and to help simplify the decision-making process. Amazon's five services identified for integration with Salesforce's platform are - AppStream 2.0, AWS IoT (Internet of Things), Amazon Redshift, Alexa, and Amazon Virtual Private Cloud (VPC).
Commenting on the deeper strategic alliance, Andy Jassy, CEO of AWS said:
"These new integrations across business intelligence, IoT, and developer tools will make it easier for our joint customers to analyze data and build new applications."
Marc Benioff, Chairman and CEO, Salesforce added:
"Integrating AWS' industry-leading infrastructure services and technologies with Salesforce will bring even more exceptional solutions to our customers."
All about the services identified for integration
As per the details shared by both companies the integration will include:
Salesforce's Canadian Debut using AWS Cloud
Canada will become the first geography where Salesforce's strategic planned infrastructure expansion plans using AWS's cloud infrastructure will be implemented. As per the plans, Salesforce's sales, marketing, and customer relationship management tools - Sales Cloud, Service Cloud, Community Cloud, Analytics Cloud etc. will be available to its customers on AWS's cloud infrastructure. The service is expected to be available for customers in Canada in 1H 2017 and later the service is expected to be available across other geographies as well.
In May 2016, Salesforce had hinted at a deeper tie with AWS, when it had revealed that it plans to use Amazon's cloud to deliver more of its services internationally. The news was hardly surprising since Amazon was already a large user of Salesforce's CRM software. The announcement was also of great significance at the time, because Salesforce delivered its software only through its own servers from its data centers.
Stock Performance
Amazon.com's share price finished Friday's trading session at $740.34, slightly down 0.45%. A total volume of 3.54 million shares exchanged hands. The stock has advanced 1.87% and 11.12% in the last six months and past twelve months, respectively. Furthermore, since the start of the year, shares of the company have gained 9.54%. The stock currently has a market cap of $353.36 billion.
At the close of trading session on December 02, 2016, salesforce.com's stock price marginally declined 0.07% to end the day at $68.41. A total volume of 15.95 million shares were exchanged during the session, which was above the 3-month average volume of 8.50 million shares. The stock currently has a market cap of $47.66 billion.
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SOURCE: Active Wall Street