Andersen Consulting and Commerce One Form Alliance to Deliver Global Business-to-Business Portal Solutions.Business Editors/High-Tech Writers WALNUT CREEK Walnut Creek, residential city (1990 pop. 60,569), Contra Costa co., W Calif., in the San Francisco Bay area; inc. 1914. It is the trade and shipping center of an extensive agricultural area where walnuts are among the major product. , Calif.--(BUSINESS WIRE)--Feb. 11, 2000 Commerce One, Inc. (Nasdaq:CMRC CMRC Canadian Motosport Racing Club CMRC Commerce One Inc. (stock symbol) CMRC Caribbean Marine Research Center CMRC Crime Mapping Research Center CMRC Credit Management Research Centre (UK) ), the leader in global electronic commerce (eCommerce See e-commerce. ) solutions for business, and Andersen Consulting See Accenture. , a leading global management and technology consulting organization, today announced the formation of a global alliance to help companies leverage the power of buying and selling over 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 . Under terms of the alliance, Andersen Consulting will make a strategic commitment to establish a dedicated team of professionals focused on e-procurement (Electronic-PROCUREMENT) Purchasing online. E-procurement systems are used to obtain materials and parts via the Web or using traditional EDI standards either for internal manufacturing (direct procurement) or office supplies and equipment (indirect procurement). and marketplace solutions. This team will help Andersen's clients maximize the benefits of Commerce One's MarketSite(TM) Portal Solution and Commerce One BuySite(TM) e-procurement applications. Together, Commerce One and Andersen Consulting will work to provide business-to-business  This article or section needs copy editing for grammar, style, cohesion, tone and/or spelling.You can assist by [ editing it] now. eCommerce portal services, strategic consulting, and world-class world-class adj. 1. Ranking among the foremost in the world; of an international standard of excellence; of the highest order: a world-class figure skater. 2. systems integration services for vertical and regional organizations worldwide. In addition, Andersen Consulting will become a Global Alliance Partner and a preferred implementation partner of Commerce One's solutions. &uot;Commerce One is a leader in business-to-business eCommerce portals and e-procurement applications,&uot; said Matt Mosetick of Andersen Consulting. &uot;The combination of Commerce One's industry-leading eCommerce technology with Andersen Consulting's powerful global management and technology capabilities will provide our joint clients with all the means necessary to take advantage of the overwhelming benefits of business-to-business eCommerce.&uot; Andersen Consulting will help Commerce One meet the market demand for its e-procurement application and MarketSite portal solution in a global environment of sharply rising eCommerce activity. &uot;Business-to-business electronic commerce represents a huge growth industry,&uot; said Leah Knight, Principal Analyst of GartnerGroup. &uot;Partnerships between electronic commerce firms and system integrators See systems integrator. will help accelerate the adoption of business-to-business eCommerce on a global basis.&uot; &uot;As a thought leader in advanced supply chain practices, Andersen Consulting is an ideal partner for us, because the firm truly understands the strategic value of e-commerce e-commerce, commerce conducted over the Internet, most often via the World Wide Web. E-commerce can apply to purchases made through the Web or to business-to-business activities such as inventory transfers. in today's global economy,&uot; said Chuck Donchess, executive vice president and chief strategy officer, Commerce One. &uot;We believe that the alliance with Andersen Consulting will significantly strengthen our ability to meet the worldwide demand for our products and services and that Andersen Consulting has the eCommerce skills needed to deliver value-based change.&uot; About Andersen Consulting Andersen Consulting is an $8.3 billion global management and technology consulting organization whose mission is to help its clients create their future. The organization works with clients from a wide range of industries to link their people, processes and technologies to their strategies. Andersen Consulting has approximately 65,000 people in 48 countries. Its home page address is http://www.ac.com. About Commerce One Commerce One (Nasdaq:CMRC) is the leader in global e-commerce solutions for business. Through its products, portals, and services, Commerce One creates access to worldwide markets, allowing anyone to buy from anyone, anytime, anywhere in the world. The Commerce One Solution(TM), comprising Commerce One BuySite(TM) and Commerce One MarketSite(TM), enables companies to significantly reduce operational costs and increase efficiency by automating the entire indirect 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. supply chain. As a result, enterprise organizations are able to realize a strategic competitive advantage as well as a rapid return on investment. The Commerce One Global Trading Web allows organizations to buy and sell around the world as easily as they do at home through access to a network of interconnected marketplaces on six continents Six Continents is a large retail PLC in UK which split into Six Continents Retail known as Mitchells and Butlers plc. The hotels and soft drinks business of Six Continents PLC is now known as InterContinental Hotels Group PLC. . Commerce One is located in Walnut Creek, Calif., and can be reached by phone at 800/308-3838 or 925/941-6000 or via the Internet at http://www.commerceone.com. Forward Looking Statements Certain statements made in this press release by Commerce One are not historical facts but are &uot;forward looking statements&uot; and may involve risks and uncertainties which could cause actual future results to differ materially and adversely from those anticipated by such statements. Included among the factors that could affect Commerce One's performance are: general economic conditions; fluctuations in operating results; its ability to effectively manage future growth, to retain and efficiently integrate our executive management team, and to identify, hire, train and retain, in a highly competitive market, individuals highly skilled in the Internet and its rapidly changing technology and significant revenue concentration in a limited number of clients. For a discussion of these and other risk factors that could affect Commerce One's business, see &uot;Risk Factors&uot; in Commerce One's filings with the Securities and Exchange Commission, including its quarterly report on Form 10-Q Form 10-Q See 10-Q. for the quarter ended September 30, 1999. Note to Editors: Commerce One, Many Markets. One Source., Global Trading Web, BuySite, MarketSite, Global Trading Platform, Common Business Library, 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. Development Kit, XML Commerce Connector, MarketView, and SupplyOrder are either trademarks or registered trademarks of Commerce One, Inc. All other company, product, and brand names are trademarks of their respective owners. |
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