Microsoft (microsoft.com) recently announced that hosting firms from around the world committed to delivering on-demand customer relationship management solutions based on Microsoft Dynamics CRM 4.0, formerly code-named "Titan," due out later this year. The announcement was made at last week's Convergence 2007 Copenhagen customer event in Copenhagen, Denmark.

Partners building new on-demand solutions on Microsoft Dynamics CRM include Mondo, JayThom, EveryWare and Increase and they join an extensive range of existing partners around the world that deliver on-demand solutions for Microsoft Dynamics CRM and Microsoft Dynamics enterprise resource planning products, said the software giant.

Microsoft will also be lowering the subscription licensing fees paid by its global hosting partners for Microsoft Dynamics CRM by approximately 40 percent. The lower licensing fees will enable Microsoft's hosting partners to invest more in building out their CRM offerings and growing their customer base.

"We're committed to delivering the power of choice to our customers and to our partners," said Brad Wilson, general manager of Microsoft Dynamics CRM at Microsoft. "With our global partner network and single Microsoft Dynamics CRM code base, we're able to deliver the right combination of on-premise and on-demand solutions for customers of any size around the world."