Actuate Partners With Global Commerce Systems Inc. to Power Business-to-Business Electronic Transaction Applications.Business Editors/High-Tech Writers SAN MATEO San Mateo (săn mətā`ō), city (1990 pop. 85,486), San Mateo co., W Calif., on San Francisco Bay; inc. 1894. It is a commercial and retail center with some high-technology manufacturing. San Mateo, Spanish for St. , Calif.--(BUSINESS WIRE)--Jan. 31, 2000 Continuing its momentum in partnering with key e.Business vendors, Actuate(R) Corporation (Nasdaq:ACTU ACTU Australian Council of Trade Unions ACTU AIDS Clinical Trials Unit (Washington University Medical Center, St. Louis, Missouri) ACTU Association of Catholic Trade Unionists ACTU Australian Capital Territory Union ), the leader in e.Reporting(TM) for e.Business, today announced a strategic partnership with Global Commerce Systems, Inc. (GCS GCS Glasgow Coma Scale GCS Guilford County Schools (North Carolina) GCS Ground Control Station GCS Grand Central Station GCS Ground Control System GCS Ground Combat Systems GCS Group Communication Systems ), a leader in the development of independent, online exchanges that interconnect suppliers, buyers and financial institutions in real-time. The Actuate e.Reporting solution will be integrated with GCS commerce.com(TM) applications to provide sophisticated business reporting and analytics to online exchange proprietors and participants. This powerful business solution will be deployed this quarter to provide ROI (Return On Investment) The monetary benefits derived from having spent money on developing or revising a system. In the IT world, there are more ways to compute ROI than Carter has liver pills (and for those of you who never heard of that expression, it means a lot). analysis and enhanced operations management Operations management is an area of business that is concerned with the production of goods and services, and involves the responsibility of ensuring that business operations are efficient and effective. capabilities to sophisticated MRO MRO In currencies, this is the abbreviation for the Mauritanian Ouguiya. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. procurement and integrated payment exchanges being built with the GCS commerce.com(TM) product suite. &uot;GCS customers require comprehensive business solutions that provide detailed and summary analyses regarding the success of their electronic commerce programs,&uot; said Jeff Jordan, COO and co-founder, Global Commerce Systems. &uot;Our partnership with Actuate enables Global Commerce Systems to provide its business customers with precisely the kinds of business operations information they and we need to enhance the quality of service being provided to customers, vendors, partners and employees.&uot; The technology combination resulting from the Actuate/GCS partnership forms a powerful business-to-business hub. Built with GCS commerce.com application components, it can be scaled to support global trade between thousands of simultaneous users worldwide. Given its rapid deployment, ease-of-integration and advanced scalability e.Reporting features, Actuate is able to grow to meet the needs of an online exchange's evolving user base. &uot;Early on Actuate recognized that providing personalized, secure access to business-critical information for customers, suppliers and employees would be a very important aspect of a business-to-business solution,&uot; said Frank van Veenendaal, vice president, e.Business Application Partners, Actuate. &uot;We are very pleased that GCS selected Actuate as it is yet another indicator that Actuate is quickly becoming the de facto [Latin, In fact.] In fact, in deed, actually. This phrase is used to characterize an officer, a government, a past action, or a state of affairs that must be accepted for all practical purposes, but is illegal or illegitimate. choice as the embedded technology for business-to-business communications by business-to-business solution providers.&uot; &uot;Our customers need to continually measure and manage the business performance of their commerce.com trading exchange solutions to enable them to meet the dynamically changing needs of their own suppliers and customers worldwide,&uot; said Geoffrey Shaw, president, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. and co-founder, Global Commerce Systems. &uot;We wanted a partner with specific expertise in converting massive amounts of distributed heterogeneous data to meaningful, personalized and easy-to-read business information. Actuate provides our customers with world-class operations e.Reporting capability that directly contributes to increased customer satisfaction, operational efficiency and new business opportunity identification.&uot; About Global Commerce Systems, Inc Founded in 1994, Global Commerce Systems (GCS) is an innovator and leader in the development, delivery and management of integrated, real-time supplier sales, procurement, payment, and customer relationship management products and services to support globally scaleable 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 electronic marketplace and exchange operations. GCS's commerce.com(TM) suite of software products is based on 100 percent pure Java and enables businesses to create and operate global trading networks that connect customers, suppliers, partners and financial institutions around the world in real time via the Internet. For more information, visit the GCS Website at www.commerce.com or call 303/583-5000. About Actuate Corporation Actuate Corporation has established e.Reporting as the practice of publishing high-value business information on a Web site for use by customers, partners and employees. e.Reporting enables a company to enhance its e.Business site -- beyond brochureware A Web site that advertises a product but contains only the equivalent of a paper brochure with no interactivity. The Web is not encumbered by the size of paper and offers the ability to show endless views and details of a product, make recommendations based on user input, download demos and transaction capabilities -- with post-transaction content such as client stock portfolio reports, client statements and performance metrics, for the purpose of creating a more loyal customer base. A critical component of the Internet infrastructure, Actuate powers e.Business sites for Global 2000 companies and Internet start-ups including Bank of America
Bank of America (NYSE: BAC TYO: 8648 ) is the largest commercial bank in the United States in terms of deposits, and the largest company of its kind in the world. , Charles Schwab, American Express, MCI/Worldcom, US West, HotJobs.com and Healtheon. Internet vendors reselling Actuate include Aspect Development, BMC (BMC Software, Inc., Houston, TX, www.bmc.com) A leading supplier of software that supports and improves the availability, performance, and recovery of applications in complex computing environments. , Clarify, PeopleSoft and Siebel. Founded in 1993, Actuate has headquarters in San Mateo, and has offices worldwide. For more information on Actuate, visit the company's Web site at http://www.actuate.com. Note to Editors: Actuate, Live Report Documents, Report Encyclopedia and ReportCast are registered trademarks of Actuate Corporation. e.Report, e.Reporting, Live Report Extensions, ReportBlast, SmartSearch, Transporter, Virtual Report Distribution and XML XML in full Extensible Markup Language. Markup language developed to be a simplified and more structural version of SGML. It incorporates features of HTML (e.g., hypertext linking), but is designed to overcome some of HTML's limitations. Reports are trademarks of Actuate Corporation. All other products and corporate names referenced are trademarks of their respective companies. |
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