Aberdeen Establishes New Role for Net Markets; Identifies Best Practices in Net Market Liquidity.Business/Technology Editors BOSTON--(BUSINESS WIRE)--Oct. 31, 2001 Aberdeen Group Aberdeen Group is a provider of business-related research services. It has its headquarters in Boston, Massachusetts and belongs to the Harte-Hanks group. Founded in 1988, Aberdeen's research is used by over 2. , a leading IT (Information Technology) market analysis and positioning service firm, has produced a new InSight titled "The Second Coming of Net Markets." (http://www.aberdeen.com/ab_company/hottopics/netmarkets2/default.htm) This research discusses how changes in the economy and the business ecosystem, have placed more significance on "Process Networks." Aberdeen defines Process Networks, or Process Nets, as entities that support business processes in a connected environment, such as a Net Market, an exchange, or a private trading network. The findings referenced in this InSight are the result of an extensive effort by Aberdeen to establish a framework consisting of more than 100 metrics metrics Managed care A popular term for standards by which the quality of a product, service, or outcome of a particular form of Pt management is evaluated. See TQM. , which measured the momentum and success of Process Nets as they endeavor to achieve critical mass. Of those Process Nets examined, Aberdeen discovered that nearly two-thirds of them are seeing an increase in participant interaction. "Many people have mistakenly mis·tak·en v. Past participle of mistake. adj. 1. Wrong or incorrect in opinion, understanding, or perception. 2. Based on error; wrong: a mistaken view of the situation. confused the core value of Process Nets with dot.com execution," said William Brandel, research director, e-Business at Aberdeen. "Using the Internet Internet Publicly accessible computer network connecting many smaller networks from around the world. It grew out of a U.S. Defense Department program called ARPANET (Advanced Research Projects Agency Network), established in 1969 with connections between computers at the to connect trading partners and leverage common processes through a centralized cen·tral·ize v. cen·tral·ized, cen·tral·iz·ing, cen·tral·iz·es v.tr. 1. To draw into or toward a center; consolidate. 2. location is not only a viable concept, but it is even more relevant with existing economic conditions and emerging business trends. In the coming weeks, Aberdeen will release a report entitled en·ti·tle tr.v. en·ti·tled, en·ti·tling, en·ti·tles 1. To give a name or title to. 2. To furnish with a right or claim to something: , "What Works: Best Practices That Drive Net Market Viability," which provides in-depth statistics and analysis on Process Net performance, while identifying those best practices used for Process Networks to achieve success. It also provides in-depth profiles on ten examples of Process Nets executing best practices, which include: Covisint; Chematch; Freemarkets; Financial Oxygen; Logistics.com; Neoforma; Pantellos; Pure Markets; TradeMC; and Transora. About Aberdeen Since 1988, Aberdeen has been a leader in providing market analysis and positioning services that help business technology suppliers meet the challenge of establishing leadership in fast-changing markets. Aberdeen is headquartered in Boston, MA, and has research divisions in Palo Alto Palo Alto, city, California Palo Alto (păl`ō ăl`tō), city (1990 pop. 55,900), Santa Clara co., W Calif.; inc. 1894. Although primarily residential, Palo Alto has aerospace, electronics, and advanced research industries. , CA; Fort Collins, CO; and Amsterdam, the Netherlands. Aberdeen is accessible via the Web at www.aberdeen.com. |
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