Hyundai Delays In-House ADAS, Turns to Nvidia 
Gulf Ministers to Meet Iran in Oman Over Hormuz Shipping Deal 
Asian Stocks Fall as AI Fears and Oil Surge Hit Markets 
Cathie Wood Backs AI Slowdown as Safety Concerns Grow 
Treasury Buyback Fails to Cool Long-Term Yields 
BOJ Set to Raise Rates to 1.25% as Inflation Risks Build 
Dollar Rises as Fed Hike Bets Weigh on Asian Currencies 
Asian Tech Stocks Slide as AI Concerns and Rising Bond Yields Hit Chipmakers 
Ares Names James Garforth Principal for Asia Direct Lending 
Novartis M&A Strategy Faces Investor Scrutiny After Drug Setbacks 
Rosenblatt Starts Nokia at Buy on AI Networking Growth 
Gold Prices Steady as Oil Disruptions Boost Fed Rate Hike Bets 
Qualcomm Gains on $60B Amazon AI Chip Deal 
Bill Gates Warns Governments Are Unprepared for AI Disruption 
Volkswagen Job Cuts Put Lower Saxony Leader Under Political Pressure 
Oil Prices Surge as Houthi Attacks Raise Saudi Supply Fears 
UK Economy Grows 0.4% in July, Beating Forecasts 
Add as a preferred source on Google
Shopify, the Canadian e-commerce company headquartered in Ottawa, Ontario, teamed up with Microsoft Corp. and Oracle Corp. to help improve its platform and help merchants have smoother and more efficient business operations.
With Shopify’s move to partner with Microsoft and Oracle, business owners operating on its platform can now use the Enterprise Resource Planning (ERP) tools on Shopify’s app. Aside from Infor, the ERPs include Microsoft Dynamics 365 Business Central and Oracle NetSuite.
According to Reuters, prior to the partnership with tech companies, business owners were only relying on a third-party app for their ERP tools when transacting via Shopify. They use the app for inventory management systems, financial trackers, and others.
With Microsoft and Oracle on board, Shopify can double the stakes on its fast-growing trade business. On the other hand, the tech firms can also strengthen their hold on a cloud market dominated by providing support and services to the Canadian e-commerce platform.
“At Shopify, we support businesses during all stages of their journeys, from the first sale to full scale. Regardless of their size, maturity or complexity, merchants can thrive and grow with confidence on Shopify,” Shopify’s vice president, Mark Bergen, said in a blog post. “With the launch of the Global ERP Program, we are demonstrating our investment in supporting our enterprise merchants.”
He went on to say, “We are excited to partner with Microsoft, NetSuite, Infor, Acumatica, and Brightpearl to bring together the best in commerce with the best in ERP and together, we are driving a reinvention of enterprise commerce by giving our merchants the power to manage the complexity of their business operations at scale.”
Microsoft Business Applications and Platform’s corporate vice president, Charles Lamanna, added that working with Shopify to incorporate their Microsoft Dynamics 365 Business Central will be able to help business owners with delivering great experiences to their customers.
Finally, Shopify said that over 10,000 merchants are using its enterprise platform, Shopify Plus. With the new global ERP system integrated into its app store, the workflow will be so much easier and faster for everyone.
