Alventive, Inc. Launches As Business-to-Business Company and Unveils The Market's First Online Design Community.Business Editors/High Tech Writers SANTA CLARA Santa Clara, city, Cuba Santa Clara (sän`tä klä`rä), city (1994 est. pop. 217,000), capital of Villa Clara prov., central Cuba. , Calif.--(BUSINESS WIRE)--April 18, 2000 Company to Tackle Entire Product Process And Deliver Promise of One-to-One Creation of Goods and Services In economics, economic output is divided into physical goods and intangible services. Consumption of goods and services is assumed to produce utility (unless the "good" is a "bad"). It is often used when referring to a Goods and Services Tax. Alventive, Inc. today announced its launch as a 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 company with the unveiling of its new Design-to-Order solutions and portal. Alventive's Online Design Community brings manufacturers, their suppliers, partners, channels and customers together to participate in and improve the product development process. In addition, Alventive, formerly known as Visionary Design Systems, Inc. (VDS (Virtual DMA Services) A programming interface that lets bus mastering devices cooperatively manage DMA channels. ), revealed strategic alliances with some of today's leading e-commerce, hardware and consulting organizations, including Ariba, Inc. (Nasdaq: ARBA), Celestica Inc. (NYSE NYSE See: New York Stock Exchange , TSE See Tokyo Stock Exchange. TSE 1. See Tokyo Stock Exchange (TSE). 2. See Toronto Stock Exchange (TSE). :CLS (Common Language Specification) The structure and syntax of .NET and CLI programming languages. See .NET. ), HP (NYSE: HWP HWP Height (and) Weight Proportionate HWP Half-Wave Plate HWP Highway Patrol HWP Height Weight Proportional HWP Hewlett-Packard Corporation (stock symbol) HWP Hydrolyzed Whey Peptides ), and iXL Enterprises, Inc. (Nasdaq: IIXL). The name "Alventive" derives from the vision that all can come together to invent and innovate. With a rich and established history in the CAD and e-engineering space, Alventive identified a need for dramatic improvements in the process of designing and delivering products, with the Internet as the way to deliver them. By incorporating a portfolio of Application Services See ASP and Web services. Suites with the intuitive and visual nature of the Web, Alventive's Online Design Community allows internal and external parties to participate in all stages of a product's lifecycle from design, production, delivery and distribution, to marketing, sales and support. The Alventive solution enables the dynamic participation of all parties in a product's creation and encompasses all stages of a product's lifecycle. This allows manufacturers to develop the most relevant products, decrease time to market and strengthen customer loyalty and retention. "Until now, there has not been a visual, Internet-based way for customers to impact the creation, innovation and design of a product," said David Tiley David Tiley (born 1960) is a convicted British murderer. He murdered his disabled fiancee Susan Hale and, a week later, her carer Sarah Merritt at Ms Hale's flat in Southampton in March 2007. Susan was last seen alive on 5 March and their bodies were found on 15 March. , president and 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. of Alventive. "Our solution makes product development more responsive and customer-centric for manufacturers who want to secure strong customer relationships and a significant competitive advantage. By using Alventive's Design-to-Order approach, manufacturers can provide their customers with the one-to-one creation and delivery of goods and services." The Alventive Solution Alventive drew on its extensive design and technical history to create its unique Design-to-Order environment, available to customers through an Online Design Community. The components of the Online Design Community include the Alventive Application Server and one or more Application Services Suites. The solution, which is based on a pure Internet architecture, will be available in a public hosted environment, or for deployment in an enterprise, or a combination of both. The Alventive Application Server is the infrastructure backbone for the Online Design Community. It includes a rich set of component technology and tools to provide powerful functionality to the lightweight Application Services, including capabilities for locating, accessing, vaulting, managing, revisioning, publishing, viewing, routing, notification and modification of all types of product information. The company has initially developed five Application Services Suites that enable particular stakeholders including engineers and other internal departments, suppliers, channel members and customers, to optimally participate in the product development process. Participants, individually or in teams, can use a standard web browser The program that serves as your front end to the Web on the Internet. In order to view a site, you type its address (URL) into the browser's Location field; for example, www.computerlanguage.com, and the home page of that site is downloaded to you. to create, find, access, understand, manipulate and publish product information to enhance their unique roles in the product creation and delivery process. "Many of today's B2B e-commerce (Business to Business Electronic-COMMERCE) Refers to one business selling to another business via the Web. See e-commerce. companies are focusing on the creation of exchanges where products can be bought and sold," said Bob Kagle Robert Kagle is a Director at eBay and a partner at Benchmark Capital, a Silicon Valley venture capital firm. In addition to eBay, Kagle sits on the Board of Directors for several companies including: E-Loan, Jamba Juice, Logoworks, Prosper, uShip, and ZipRealty. , a general partner at Benchmark Capital Benchmark Capital is a venture capital firm responsible for the early stage funding of some very successful startups, including eBay. In 1995, the firm invested $6.7 million in eBay, which became worth more than $5 billion by the spring of 1999 and resulted in one of Silicon and a member of Alventive's board of directors. "That's useful and it uses the Web to help establish pricing. But what Alventive does is even more powerful. This company uses the Web to create a true Design-to-Order approach that will help fulfill the real promise of the Web for manufacturing companies - dynamic product design." Alventive's Strategic Alliances Several leading companies are already taking advantage of Alventive's Design-to-Order solutions, including Celestica Inc., Greenheck, and The Holland Group, Inc. Alventive partners, including HP, Ariba and iXL Enterprises recognize the strategic value and market impact of the solution as well. Through Alventive's strategic alliance with HP, HP will provide the technology infrastructure for the hosted Online Design Community. HP will also sell and distribute Alventive's Application Services Suites and the Alventive Application Server as standalone solutions to its customers and suppliers, as well as bundled with HP's industry leading VISUALIZE 3D workstations. HP will also license Alventive's solutions. "There is a natural link between B2B electronic procurement and the Design-to-Order opportunity. As Design-to-Order becomes more prevalent, it will become necessary to bring B2B electronic procurement into the process earlier," stated Bobby Lent, Ariba co-founder and executive vice president. "Our combined solution provides the first networked community solution to meet this need." The Alventive and iXL Enterprises' strategic alliance allows iXL to serve as a solutions partner in Alventive's Business Alliance Program. iXL will provide its customers with strategy and implementation services to integrate Alventive's Online Design Community into their product development processes and will also work with Alventive to develop and customize Alventive's Application Services Suites. In turn, Alventive will be part of iXL's Alliance Partnership Program specifically focused on delivering e-ValueChain solutions for high-tech, consumer electronics, telecommunications and e-communities. iXL's e-ValueChain solutions portfolio delivers state-of-the-art B2B communities and provides these communities the ability to manage a complete business lifecycle. About Alventive Alventive, a B2B company, enables manufacturers to realize the benefits of creating and delivering one-to-one products to their customers through an Online Design Community. Utilizing Alventive's Design-to-Order solutions through its Online Design Community, manufacturers extend dynamic participation in the innovation and delivery of products to their suppliers, partners, channels and customers. Alventive is headquartered in Santa Clara, CA, with offices throughout the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. and Canada. For additional information, please contact Alventive at 408-969-8000 or www.alventive.com. |
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