GOOGLE OPENS WEB STORE FOR BUSINESS APPLICATIONS:  The online store that was announced March 9th which marks another step in Google’s crusade to convert the world to “cloud computing,” the idea of running applications in Web browsers instead of installing them on individual hard drives. The information entered in the programs is stored in data centers run by third parties such as Google.

More than 50 software makers have agreed to sell their Internet programs through Google, which will keep 20 percent of the sales. The prices are expected to range from $50 annually to several hundred dollars annually per user.  Google Inc. will sell the online services of other business software makers in an effort to fill its own product gaps and persuade more companies to rely on applications piped over the Internet.  About 25 million people working for more than 2 million businesses, government agencies and schools use Google’s online applications, according to the company.

Google won’t say how many users pay for the service, but the number is growing rapidly. The company’s revenue from software licensing and other non-advertising sources totaled $762 million last year, more than quadrupling from $181 million in 2007.   Source:  Press Reports

BIIA Newsletter April I – 2010 Issue