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Bowstreet's Business Web Factory Platform Wins Crossroads 2001 A-List Award.


Business/Technology Editors

LYNNFIELD Lynnfield, town (1990 pop. 11,274), Essex co., NE Mass.; inc. 1814. Primarily residential, Lynnfield is an important suburb of Boston. , Mass.--(BUSINESS WIRE)--Jan. 30, 2001

Independent Research Firm Recognizes Bowstreet's Business Web

Factory Among Best, Field- Proven Technologies for Today's Business Today's Business is a show on CNBC that aired in the early morning, 5 to 7AM ET timeslot, hosted by Liz Claman and Bob Sellers, and it was replaced by Wake Up Call on Feb 4, 2002.  

Challenges

Bowstreet (www.bowstreet.com) today announced that its Business Web Factory platform was recognized by the independent research firm Open Systems Advisors, Inc. (OSA 1. OSA - Open Scripting Architecture.
2. OSA - Open System Architecture.
) as one of the top, field-proven technologies for today's business challenges (www.crossroads-osa.com).

The Bowstreet(TM) Business Web Factory is a software infrastructure platform used to create and manage a new class of dynamic, web-native applications composed of plug-and-play web services (1) Loosely, any online service delivered over the Web. Such usage appears in articles from non-technical sources, but not in IT-oriented publications, because definition #2 below describes the correct use of the term. . Using the Business Web Factory, companies can connect on-the-fly with their partners and customers to achieve extended business reach and adapt to change in minutes instead of months. In a related announcement yesterday, Bowstreet introduced a series of enhancements to version 3.0 of the Business Web Factory (see related press release, dated 1/29/01).

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.
 Nina G. Lytton, president of OSA, "The Bowstreet Business Web Factory enables IT to substitute smarts for sweat when developing and maintaining multiple, affiliate-specific permutations of a web service. With Bowstreet, businesses see themselves on a path to profitability because they can bring new revenue-generating channels onstream far more quickly and with lower-skilled staff. Established businesses also credit Bowstreet with delivering the freedom to make business decisions about online channels and partners without a costly, lengthy IT build-out for each new relationship."

OSA selected the Bowstreet Business Web Factory to receive a Crossroads 2001 A-List Award following extensive research. In-depth, confidential interviews with experienced customers were the cornerstone cornerstone

Ceremonial building block, dated or otherwise inscribed, usually placed in an outer wall of a building to commemorate its dedication. Often the stone is hollowed out to contain newspapers, photographs, or other documents reflecting current customs, with a view to
 of the judgment process. OSA has also published a Crossroads 2001 A-List Awards Brief, available at www.crossroads-osa.com, that clearly outlines the business benefits of each company's winning solution, concisely con·cise  
adj.
Expressing much in few words; clear and succinct.



[Latin conc
 summarizes the technology differentiators, and validates solutions based on detailed reviews of the vendors' products or services and strategies.

OSA stated in the Bowstreet Award Brief that, "The Bowstreet Business Web Factory has won an early following among both enterprise and net economy customers. Bowstreet enables businesses to completely change the economics of selling through a web-based business network. Their Business Web Factory platform helps business automatically aggregate and present products and services differently for each of their own-brand, co-brand, and private-label channels."

"It is extremely gratifying grat·i·fy  
tr.v. grat·i·fied, grat·i·fy·ing, grat·i·fies
1. To please or satisfy: His achievement gratified his father. See Synonyms at please.

2.
 to have an influential, independent research firm like OSA publicly validate To prove something to be sound or logical. Also to certify conformance to a standard. Contrast with "verify," which means to prove something to be correct.

For example, data entry validity checking determines whether the data make sense (numbers fall within a range, numeric data
 Bowstreet's Business Web Factory platform as a top technology solution ideally suited for today's e-business challenges," said Bob Crowley For the software, see .

For the computer specialist, see .
Bob Crowley (born in Cork, Ireland) is a theatre director, scenic and costume designer. He is the brother of director John Crowley.
, Bowstreet's 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. . "Bowstreet's Business Web Factory is a convergence platform that future-proofs companies' existing investments, allowing business people to unify 1. (database, product) Unify - A relational database produced by Unify Corporation.
2. (algorithm) unify - To perform unification.
 disparate web-related initiatives while delivering significant, measurable total cost of ownership savings."

Eighth Annual Crossroads Conference

Winners of the Crossroads 2001 A-List Awards and their customers will be recognized at the Crossroads Conference to be held March 18-21, 2001 at the Wigwam Resort in Phoenix, AZ. Additional information, including excerpts from the Crossroads 2001 A-List Awards Briefs, can be found at www.crossroads-osa.com, or by contacting Meleena Erikson at 617-859-0859 or merikson@crossroads-osa.com.

About Open Systems Advisors, Inc. and the Crossroads Research Program

Founded in 1989, Open Systems Advisors, Inc. (OSA) provides a real-world perspective on using new technology in business. OSA's research is based on an ongoing and in-depth dialogue with hundreds of seasoned IT executives and business leaders who are using emerging technologies to achieve business results. OSA reports the Crossroads Decisions, confers the Crossroads A-List Awards and produces the Crossroads Conferences.

For additional information, contact the company at: Open Systems Advisors, Inc., 268 Newbury Street, Boston, MA 02116, Tel: 617-859-0859; www.crossroads-osa.com.

About Bowstreet

Bowstreet is one of the first companies focused exclusively on creating the software breakthroughs required to support business webs - the emerging model for companies in the digital economy. Bowstreet provides one of the industry's first business web platforms - the software infrastructure for the creation, integration and management of a new class of dynamic applications composed of plug-and-play web services. Unlike hard-wired solutions, Bowstreet's Business Web Factory platform was designed from the ground up to be totally vendor-neutral, employing highly innovative, parametric See parametric modeling, parametric symbol and PTC.  change-automation technology. With Bowstreet's Business Web Factory, technologists can design massively customizable business web applications that empower empower verb To encourage or provide a person with the means or information to become involved in solving his/her own problems  business people to expand their business web relationships instantly. For more information, visit www.bowstreet.com or call 781-586-7100.

Bowstreet is a trademark of Bowstreet, Inc. All other company names and product names may be trademarks or registered trademarks of their respective companies or owners. Crossroads is a registered trademark, and Crossroads A-List, Crossroads Decisions and Bizno-tech are trademarks of Open Systems Advisors, Inc.
COPYRIGHT 2001 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2001, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Jan 30, 2001
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