Spotify Spins Up New Division to Sell Its Internal Software Tools

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Spotify is packaging four of its internal engineering products into a standalone business called Spotify Technology, which it will offer to other companies. The unit brings together tools known internally as Portal, Confidence, Xirp and Spotify for Backstage under a single brand with its own website.

The company describes the new division as an operating system for research and development, suggesting it sees demand among other businesses for the infrastructure Spotify built to manage experimentation, feature rollouts and internal workflows at scale. The move marks a shift for Spotify from pure consumer streaming platform toward also being a vendor of enterprise software.

Read the full story at Music Business Worldwide.