B2B or Not 2B Online--That is the Question.Business & Technology Editors NEW YORK--(BUSINESS WIRE)--Dec. 20, 1999 Ground-breaking Analysis of Business-to-Business E-commerce Reveals That Exchange-based Trading Models Present an Enormous Internet Investment Opportunity 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 Exchanges--The Killer Application Killer Application Killer application or "killer app" is a buzzword that describes a software application that surpasses all of its competitors. Notes: The term is sometimes used to describe a type of software. of the "Business-to-Business" Internet Revolution by Arthur B. Sculley and W. William A. Woods, reveals the nature of the revolution occurring in business-to-business (B2B) transactions as a result of the development of numerous B2B exchanges. Because the Internet changes the rules of doing business, today's companies must reinvent re·in·vent tr.v. re·in·vent·ed, re·in·vent·ing, re·in·vents 1. To make over completely: "She reinvented Indian cooking to fit a Western kitchen and a Western larder" themselves in order to survive in the New Economy. B2B Exchanges analyzes new net market trading models, partnership strategies and revenue sources currently in development and analyzes key issues in building a successful, credible and effective B2B exchange. Four years ago there were no B2B exchanges outside the securities markets. Today, there are hundreds operating on the Internet and more are appearing daily. "This definitive analysis of B2B exchanges shows the enormous impact they will have in revolutionizing the global economy," said Ira Magaziner Ira Magaziner (born November 8, 1947 [1]) Ira Magaziner was born in New York City, NY in 1947. After earning notoriety as a student activist and business consultant, Magaziner became the senior advisor for policy development for President Clinton and later served as his , former.Senior Policy Advisor to President Clinton for Policy Development. Analysts predict that B2B Internet companies are an enormous investment opportunity. Goldman Sachs The Goldman Sachs Group, Inc., or simply Goldman Sachs (NYSE: GS) is one of the world's largest global investment banks. Goldman Sachs was founded in 1869, and is headquartered in the Lower Manhattan area of New York City at 85 Broad Street. Investment Research estimates the value of online business transactions will reach $1.5 trillion in the US by 2004. Arthur Sculley and William Woods William Wood may refer to:
Rakesh Sood, Senior Analyst, at Goldman Sachs Investment Research describes B2B Exchanges as "an insightful early warning, system for the B2B tsunami about to hit the economy." Co-authors Sculley and Woods have been involved as founders, investors, business partners or advisors in and to several B2B exchanges. Their book, B2B Exchanges, represents the combination of current knowledge and experience about B2B exchanges, and experience developing the Bermuda Stock Exchange The Bermuda Stock Exchange (BSX), established in 1971, is now the world’s leading fully electronic offshore securities market, with a current market capitalization (excluding mutual funds) in excess of US$300 billion. as a fully-electronic exchange for securities trading securities trading, financial activity involving transactions of property such as stocks, bonds, commodities, and currency (see securities). Although the trading of stocks and bonds dates back several centuries in many Western nations, the development of the . "We see many parallels between securities and B2B exchanges," said Arthur Sculley. "We hope this book will help CEOs implement successful strategies, investors identify successful business models and anyone interested in business to better understand B2B exchange models through a comparison with traditional securities exchanges." B2B Exchanges: The Killer Application in the Business-to-Business Internet Revolution, by Arthur Sculley and William Woods, is available online at wwwb2bexchanges.com, www.amazon.com,, www,amazon.co.uk, www.isipublications corn and www. barnesandnoble corn. |
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