B2B e-business Software Tools Market Reaching $5 Billion: Projected to Double in Each of Next Three Years Says Delphi Group Research.Business/Technology Editors NOTE TO MEDIA: Charts and graphs are available in a Smart News Release(TM) on Business Wire's Home Page at www.businesswire.com BOSTON--(BUSINESS WIRE)--Jan. 31, 2000 Fastest Growing Segments are e-Infrastructure, e-Markets, and e-Service As part of an ambitious study of 140 e-business software tools providers, the Delphi Group has announced market size and segmentation data for the burgeoning 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-business market. These software tools represent the foundation for the $5 Trillion in global trade that Delphi has projected will flow through what it has dubbed dub 1 tr.v. dubbed, dub·bing, dubs 1. To tap lightly on the shoulder by way of conferring knighthood. 2. To honor with a new title or description. 3. Vortals (Vertical Portals) by 2002. According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. Delphi President, Thomas Koulopoulos, &uot;The accelerated growth of this market is something that amazes even those who were long since jaded jad·ed adj. 1. Worn out; wearied: "My father's words had left me jaded and depressed" William Styron. 2. by the dot com dot com - com space.&uot; Delphi sizes the market at nearly $5 Billion with projected revenues of just under $40 Billion by 2002. CHART 1-Overall Growth of the B2B Software Tools Market ($US Millions) Delphi's findings show a market that has grown in excess of 150% from 1998 to 1999 primarily through organic means (i.e. without factoring in a significant number of new entrants). &uot;This growth rate will accelerate for the next three years,&uot; said Koulopoulos, &uot;as new vendors flood this market space.&uot; CHART 2-Segmentation of B2B Software Tools Market 1999 Fastest Growing Segments are e-Infrastructure, e-Markets, and e-Content e-Infrastructure and e-Content are clearly the largest opportunities for the immediate future, growing at a steady 160% and 180% respective CAGR CAGR See: Compound Annual Growth Rate . However, e-Markets promise to be the fastest growing segment over time with an astounding a·stound tr.v. a·stound·ed, a·stound·ing, a·stounds To astonish and bewilder. See Synonyms at surprise. [From Middle English astoned, past participle of astonen, 400% CAGR projected. According to Koulopoulos, &uot;e-Markets represent the real potential of the Internet economy The Internet Economy refers to conducting business through markets whose infrastructure is based on the Internet and World-Wide Web. An Internet economy differs from a traditional economy in a number of ways, including: communication, market segmentation, distribution costs, and price. . Driven by Vortals, and B2B trading exchanges, software tools for these new markets of the Internet economy will radically alter value chains and create an entirely demand driven marketplace. Much of the growth in e-Infrastructure will be a direct result of the pressure put on businesses to quickly find reliable and scalable solutions for participating in e-Markets.&uot; CHART 3-Comparative Growth of Selected B2B Software Tools Market Segments (Millions of US$) The B2B e-business Marketplace For this most recent study of the B2B e-business marketplace, the Delphi Group classified 140 e-business tools providers into the following segments: e-Service - Tools that enable e-businesses to manage partners, prospects, and customer touch-points across the entire value chain, most often in a 24/7 environment. e-Process - Tying together and coordinating the myriad steps in the e-business value chain requires tools for building, managing, tracking, and optimizing a collection of tasks inside and outside the enterprise. e-Infrastructure - If only e-business was just a matter of adding the letter 'e' to every word. Clearly there is much more to building an e-business: specific tools for building e-business sites; accelerators for providing reliable and responsive service to business partners; along with countless pieces of infrastructure. e-Procurement - e-procurement is revolutionizing the way companies buy everything from raw materials and talent to office supplies Office supplies is the generic term that refers to all supplies regularly used in offices by businesses and other organizations, from private citizens to governments, who works with the collection, refinement, and output of information (colloquially referred to as "paper work"). and toilet paper. e-Content - The foundation of an e-business is the immense and constantly changing content required and produced by web-based interactions. Below the surface, Personalization Custom tailoring information to the individual. On the Web, personalization means returning a page that has been customized for the user, taking into consideration that person's habits and preferences. , Content Management, Knowledge Management and Portals manage sophisticated linkages and increasingly dynamic value chains. e-Analysis - In the open markets created by the web, suppliers, manufacturers, and distributors are constantly vying for attention as they jump into and out of the value chain. e-Analysis encompasses the tools and techniques used to interpret the behaviors of an e-business value chain. e-Markets - The tedious transactions, negotiations and administrative details of trade are being replaced by vertical portals where exchange becomes a virtually automated process. The software tools that support these new trading communities are reflected in the e-Markets segment. The Delphi Group's e-business Research and Education More information on this B2B study can be obtained from the Delphi Group's e-business market research reports and Delphi's Insight Research Subscription Service. Contact 800-575-3367 or email client See e-mail program. .services@delphigroup.com for details. The Delphi Group is providing ongoing commentary and analysis of the B2B e-business marketplace through its original research and interviews in its research outlets (Delphi NewsFlash, Delphi Insight Series Research Publications, and www.DelphiWeb.com) and on its community website, http://www.delphigroup.com. The Delphi e-business Summit and Executive Retreat, this May 5-10, 2000 at the Del Coronado Resort in San Diego San Diego (săn dēā`gō), city (1990 pop. 1,110,549), seat of San Diego co., S Calif., on San Diego Bay; inc. 1850. San Diego includes the unincorporated communities of La Jolla and Spring Valley. Coronado is across the bay. , will provide a closer look at current practice in each of the B2B e-business market segments identified above. Tom Peters, Regis McKenna This article or section needs sources or references that appear in reliable, third-party publications. Alone, primary sources and sources affiliated with the subject of this article are not sufficient for an accurate encyclopedia article. and Peter Mills For the British Conservative Member of Parliament, see Peter Mills (UK politician). Peter Mills (born 1943) is an American politician, a Republican from Maine. He was born in Farmington, Maine, and grew up in Maine. (Managing Partner at CMGI's @Ventures fund) will present keynotes. View the agenda and registration information online at http://www.delphisummit.com or call 800-575-3367. Note to Editors: References to this Delphi research and analysis must include attribution to: The Delphi Group, Inc., Boston, MA, and include reference to Delphi's home page URL URL in full Uniform Resource Locator Address of a resource on the Internet. The resource can be any type of file stored on a server, such as a Web page, a text file, a graphics file, or an application program. : http://www.delphigroup.com. Web-based references must include a link back to Delphi's home page. Reach Thomas Koulopoulos, Delphi Group president via email at tk@delphigroup.com or call 617-247-1511. |
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