| Google unveils online store for business applications |
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10/03/2010 13:46 (703 Day 13:28 minutes ago) | |||||
The FINANCIAL -- The Internet search giant, Google, on March 9 evening unveiled a new online store for integrated business applications.
More than 50 companies are involved in the store initially, Vic Gundotra, vice president of engineering, said at a software developers’ event at Google’s headquarters in Mountain View, California, according to Bloomberg. The company will take a 20 percent cut of application sales and charge a one-time fee of $100.
“It’s a great way to discover, to find and install applications into your business,” Gundotra said, the same source reports. The marketplace offers “not just any applications, applications that are deeply integrated with Google Apps.”
Participation in Google Apps Marketplace is open to customers of the Premier, Standard and Education editions of Google Apps, New Work World wrote. Applications are linked to the marketplace via REST Web services and APIs including OpenID and OAuth. "We expect [the marketplace is] going to significantly help Google Apps adoption and also help adoption of our partner apps," said Chris Vander Mey, Google senior product manager, in an interview on Tuesday afternoon. "We're going to bring 25 million users to these partner companies."
Since five years, Google has been offering online applications. Presently, Google has 25 million users and two million businesses, government agencies, and schools using applications like Gmail, Google Calendar and Google Docs, The Money Times informs. Google Apps Marketplace suite has been designed to work in integration with Google Apps such as Google Gmail, documents, sites, and calendar.
It is a business to business open market place where Google initially charges $100 fee for basic screening process. Google primarily aims at providing its customers the best applications, according to the same source.
Google’s business customers include Genentech Inc. and the city of Orlando, Florida, Bloomberg reports. Google fell $2.29 to $560.19 yesterday in Nasdaq Stock Market trading. The shares have dropped 9.6 percent this year before today.
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