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Salesforce to offer products on AWS Marketplace for the first time

Investing.com -- Amazon Web Services will begin to offer select products from Salesforce (NYSE:CRM) on its marketplace service for the first time, the companies announced in a joint statement on Monday, as they look to expand their partnership across data and artificial intelligence.

AWS, the key cloud division of e-commerce giant Amazon (NASDAQ:AMZN), lets businesses sell their software on its AWS Marketplace function. AWS then takes a cut from sales of the product made on the platform.

The agreement will allow cloud service provider Salesforce to streamline purchasing options of several of its products on AWS Marketplace, including its popular customer relationship management and support requests applications. Slack, Salesforce's work messaging app, was not mentioned in the announcement.

Customers will also be to "seamlessly unite" their AWS data into Salesforce's offerings and "infuse" their workflows with generative AI tools, the groups said.

"With this expanded partnership, our joint customers gain powerful new ways to innovate, collaborate, and build more customer-focused applications using the broadest and deepest set of cloud services,” said AWS Chief Executive Adam Selipsky in a statement.

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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71.4% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.