Andersen Consulting and BroadVision Team to Provide Integrated Business Solution for Interactive Services.CHICAGO--(BUSINESS WIRE)--July 17, 1995--Andersen Consulting and BroadVision Inc. today announced their plans to provide completely integrated business solutions for interactive service networks. Specifically, BroadVision will supply its CoMarket(TM) Interactive Commerce Management System (ICMS ICMS Imposto Sobre Circulação de Mercadorias e Serviços (Brazilian excise tax) ICMS International Centre for Mathematical Sciences ICMS International Committee for Museum Security ICMS Integrated Customer Management System ) and related support services support services Psychology Non-health care-related ancillary services–eg, transportation, financial aid, support groups, homemaker services, respite services, and other services to customers of Andersen Consulting's Entertainment, Media and Information Services See Information Systems. industry practice. The practice provides business integration services, interactive application development and overall program management to companies building platforms to support electronic marketing and commerce. BroadVision's CoMarket product, a comprehensive solution for marketing, billing and ordering over interactive networks, is currently in development for release by the end of the year. Dr. Pehong Chen, 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 BroadVision, said, "We are proud to be working with Andersen Consulting See Accenture. in delivering BroadVision's ICMS product to our mutual electronic commerce customers. The firm has an outstanding reputation as a leading integrator of interactive service applications worldwide ." Andersen Consulting is currently working closely with BroadVision to ensure the CoMarket ICMS seamlessly integrates with both front-end applications and back-end legacy systems. As a result, the two companies will pursue mutual opportunities in the electronic commerce market with an initial focus on direct broadcast satellite (DBS (Direct Broadcast Satellite) A one-way TV broadcast service from a communications satellite to a small round or oval dish antenna no larger than 20" in diameter. ), Internet, broadband interactive TV, and other interactive television services. "Andersen Consulting is excited to offer its clients BroadVision's next generation technology," said Michael R. Harris, partner and regional industry director for Andersen Consulting's Entertainment, Media and Information Services industry practice. "BroadVision is currently building the first ICMS product to manage the entire online sales process A sales process is a systematic approach for performing product or service sales. The reasons for having a sales process include seller and buyer risk management, achieving standardized customer interaction in sales and scalable revenue generation. . This will allow interactive service providers to sell their products and services via electronic channels while still leveraging past investments in legacy order fulfillment Order fulfillment (in BE also: order fulfilment) is in the most general sense the complete process from point of sales inquiry to delivery of a product to the customer. Sometimes Order fulfillment and billing systems." Dr. Chen added, "Our CoMarket ICMS respects existing business models and does not dictate a service provider's online identity. Andersen will excel at Verb 1. excel at - be good at; "She shines at math" shine at excel, surpass, stand out - distinguish oneself; "She excelled in math" seamlessly integrating our application programming interface (API) toolkit with interactive applications and establishing communication between CoMarket and existing legacy systems. Both are paramount to the successful deployment of an ICMS platform." About BroadVision CoMarket ICMS BroadVision's ICMS product employs object-based technology in a unique three-tier architecture. This provides APIs to storefront applications that integrate with ICMS server functionality, and enables direct communication through APIs to back-end legacy systems. As the commerce management layer, an ICMS supports application design independence and dynamic changes in business functions and processes over time. Competing systems for both ITV (1) See interactive TV. (2) (iTV) The code name for Apple's video media hub (see Apple TV). or Internet commerce demand that customers strictly comply with sets of predetermined pre·de·ter·mine v. pre·de·ter·mined, pre·de·ter·min·ing, pre·de·ter·mines v.tr. 1. To determine, decide, or establish in advance: business rules. In addition, these systems typically do not offer the same breadth of online marketing functionality as BroadVision's CoMarket ICMS. Among other services, Andersen Consulting's Entertainment, Media and Information Services industry practice develops and implements strategies and technologies for distributing and marketing products via electronic commerce. The practice serves leading-edge clients in printing and publishing, advertising, motion picture production, broadcasting, music, consumer software, online services and information services industries. Development and delivery of interactive multimedia content is achieved at Andersen Consulting's Infocosm Multimedia Factory(TM). About the Companies BroadVision Inc. is developing software systems that accelerate the shift from traditional retail and catalog sales toward new, technology-based distribution channels such as broadband cable and DBS interactive television, consumer online services, the Internet and other interactive networks. BroadVision's product, called CoMarket(TM), will be the first Interactive Commerce Management System (ICMS), a new category of software tools and subsystems that provides electronic catalogs and other interactive applications an infrastructure to enable buying and selling products and services online. The company is headquartered in Los Altos Los Altos (lôs ăl`tōs, lŏs), residential city (1990 pop. 26,303), Santa Clara co., W Calif.; inc. 1952. There is diversified light manufacturing. , Calif., and can be located on the Internet at "http://www.broadvision.com/". Andersen Consulting is an $3.45 billion global management and technology consulting organization dedicated to helping companies change to be more successful. Through its deep industry, functional and technology skills, Andersen is uniquely capable of helping companies to apply technology to streamline business processes and to ensure that people and operations are in sync with business strategies. Andersen Consulting has more than 32,000 professionals at 152 offices in 47 countries. BroadVision and CoMarket are trademarks of BroadVision Inc. Infocosm Multimedia Factory is a trademark of Andersen Consulting -0- Editor's note Editor's Note (foaled in 1993 in Kentucky) is an American thoroughbred Stallion racehorse. He was sired by 1992 U.S. Champion 2 YO Colt Forty Niner, who in turn was a son of Champion sire Mr. Prospector and out of the mare, Beware Of The Cat. Trained by D. : Andersen Consulting is not a division of accounting firm Arthur Andersen For the U.S. Supreme Court case commonly known as Arthur Andersen, see . Arthur Andersen LLP, based in Chicago, was once one of the "Big Five" accounting firms (the other four are PricewaterhouseCoopers, Deloitte Touche Tohmatsu, Ernst & Young and KPMG), performing . CONTACT: Theresa Beale Andersen Consulting 312-507-2342 or Steve Gomez BroadVision 415-943-3633 dmann@broadvision.comm or Michael Teeling The Horn Group (for BroadVision) 415-579-6400 michael@horngroup.com |
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