Actaris Outsources B2B Program to GXS; GXS Advantage Services to Automate and Expand Participation in Actaris Trading Community.LONDON & GAITHERSBURG, Md. -- GXS GXS Global Exchange Services (GE) GXS Gun X Sword (anime) , a leading provider of business-to-business (B2B (Business to Business) Refers to one business communicating with or selling to another. See B2B e-commerce, B2C and B2G. B2B - business to business ) e-commerce solutions, today announced that Actaris, a leader in the design and manufacture of metering products and systems for the utilities markets, has selected GXS Advantage Services to rapidly deploy a global B2B outsourcing (1) Contracting with outside consultants, software houses or service bureaus to perform systems analysis, programming and datacenter operations. Contrast with insourcing. See netsourcing, ASP, SSP and facilities management. solution for more than 1,000 customers, suppliers and trading partners. GXS Advantage Services is a continuum of offerings that provide comprehensive community, professional and managed B2B outsourcing services supporting global B2B deployments. Actaris now will have the infrastructure to dramatically increase its trading partner community and drive business growth, while simultaneously reducing working capital. Prior to establishing this business relationship with GXS, Actaris administered an internally supported and managed data exchange program with 80 trading partners, utilizing traditional EDI (Electronic Data Interchange) The electronic communication of business transactions, such as orders, confirmations and invoices, between organizations. Third parties provide EDI services that enable organizations with different equipment to connect. software systems. This solution did not offer the scalability and reach necessary to support Actaris' aggressive future growth plans. Additionally, rigorous and time consuming software maintenance needed to support this system diverted di·vert v. di·vert·ed, di·vert·ing, di·verts v.tr. 1. To turn aside from a course or direction: Traffic was diverted around the scene of the accident. 2. Actaris IT resources away from the organization's core business of delivering meters and systems for the electricity, gas, water and heat markets. Now, leveraging GXS Advantage Services, Actaris expects to ramp and deploy the first 400 customers and suppliers, in more than 40 locations worldwide, during 2005. Actaris also will recommend GXS as its preferred B2B solutions provider to its entire trading community. "In considering the next phase of our B2B e-commerce (Business to Business Electronic-COMMERCE) Refers to one business selling to another business via the Web. See e-commerce. strategy, we needed to identify a strategic business partner that would help us reduce working capital, enhance business growth and increase cash flow, not merely act as a software vendor," said Gustavo Civantos, CIO CIO: see American Federation of Labor and Congress of Industrial Organizations. (Chief Information Officer) The executive officer in charge of information processing in an organization. at Actaris. "After careful evaluation of available solutions, it was clear that GXS would deliver significant value to our organization. With GXS Advantage Services, we have world-class B2B technology, coupled with deep expertise and best practices to help us design, execute and manage a strategy for streamlining and growing our global trading community of suppliers and customers." GXS Advantage Services will allow Actaris to establish e-business trading relationships with customers using a variety of different protocols and data formats, including EDI, AS2 and FTP FTP in full file transfer protocol Internet protocol that allows a computer to send files to or receive files from another computer. Like many Internet resources, FTP works by means of a client-server architecture; the user runs client software to connect to . GXS allows Actaris to enable the automation of B2B transactions with its trading community, while shielding companies from rapidly changing standards, eliminating manual and duplicative efforts and enabling a higher level of process integration and business intelligence. With the resulting flexibility and ability to streamline its trading community, Actaris can realign re·a·lign tr.v. re·a·ligned, re·a·lign·ing, re·a·ligns 1. To put back into proper order or alignment. 2. To make new groupings of or working arrangements between. internal resources to focus on core business priorities. "For organizations like Actaris, rapid time-to-value and the ability to scale quickly to support trading community growth are critical success factors in effective supply chain management," said Steve Keifer, vice president of solutions and product marketing at GXS. "With access to a community of more than 30,000 trading partners worldwide through the GXS Trading Grid, Actaris has exponentially ex·po·nen·tial adj. 1. Of or relating to an exponent. 2. Mathematics a. Containing, involving, or expressed as an exponent. b. increased its ability to reach new trading partners around the world. And, by freeing its internal resources to work on core business objectives, instead of its managing B2B technology infrastructure, Actaris now can concentrate on its core business of delivering metering systems." As a key component of the GXS Trading Grid(SM) platform, GXS Advantage Services offer the technical infrastructure to conduct a global B2B program, including data translation, transaction visibility, systems administration, and robust reporting capabilities. In addition, GXS Advantage Services provide customers the B2B expertise to deliver world-class B2B program management, trading community management, and customer support. The GXS Trading Grid enables customers to automate To turn a set of manual steps into an operation that goes by itself. See automation. transactions with their trading community while shielding companies from rapidly changing standards, eliminating manual and duplicative efforts and enabling a higher level of process integration and business intelligence. "Connecting and collaborating with trading partners around the world is becoming increasingly important in the global economy," said Kosin Huang, senior analyst, Business Applications and Commerce at Yankee Group (the Yankee Group, Boston, MA, www.yankeegroup.com) A major market research, analysis and consulting firm founded in 1970 by Howard Anderson. It provides general consulting and strategic planning in the computer and communications field. . "In fact, the next wave of IT investments will come from technologies aimed at integrating and maximizing trading partner relationships. Many companies across the globe are relying on third-party service providers to provide not only superior technology capabilities, but also to provide the expertise to maximize trading community automation." About Actaris Actaris is a world leader in the design and manufacturing of meters and associated systems for the electricity, gas, water and heat markets. Its innovative products and systems integrating the best-in class technologies are specially designed for public or private energy and water suppliers, services companies and industrial organisations. The group is active in more than 30 countries with a strong presence in Europe, Asia and South America South America, fourth largest continent (1991 est. pop. 299,150,000), c.6,880,000 sq mi (17,819,000 sq km), the southern of the two continents of the Western Hemisphere. . For more information, visit Actaris' website at www.actaris.com. About GXS GXS (Global eXchange Services) is a leading worldwide provider of B2B e-commerce solutions that simplify and enhance business process integration and collaboration. Organizations worldwide, including over half of the Fortune 500, leverage the GXS Trading Grid(SM) to achieve the perfect balance of supply and demand. Active in the global standards arena, GXS solutions enable customers both large and small, to connect with global partners, synchronize See synchronization. product information, optimize inventory levels and demand forecasts, and accelerate the execution of supply chains. Headquartered in Gaithersburg, Md., GXS provides sales and support to businesses and their partners worldwide. For more information visit our Web site at www.gxs.com. All products and services mentioned are trademarks of their respective companies. Caution Concerning Forward-Looking Statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. This document includes certain "forward-looking statements" for GXS (Global eXchange Services) within the meaning of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. These statements are based on management's current expectations and are subject to uncertainty and changes in circumstances. Actual results may differ materially from these expectations due to changes in global political, economic, business, competitive, market and regulatory factors. These factors include technological developments, customer demand, trading partner participation, network availability and availability of financing. |
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