CNET Channel Wins 2003 Wharton Infosys Business Transformation Award's ''Jury's Recognition Award''.Business Editors/High-Tech Writers SAN FRANCISCO--(BUSINESS WIRE)--May 29, 2003 Acknowledged for Transforming the IT Supply Channel by Setting the Standard for Electronic Product Data CNET (body) CNET - Centre national d'Etudes des Telecommunications. The French national telecommunications research centre at Lannion. Networks, Inc. (Nasdaq: CNET) today announced that its CNET Channel business (www.cnetchannel.com) won the prestigious 2003 Wharton Infosys Business Transformation Award's (WIBTA) "Jury's Recognition Award," presented last night during a ceremony at the Waldorf Astoria hotel in New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of . CNET Channel received this recognition for its success in transforming the IT supply channel through its standardized standardized pertaining to data that have been submitted to standardization procedures. standardized morbidity rate see morbidity rate. standardized mortality rate see mortality rate. electronic product data, which enables efficient, seamless commerce across the IT supply chain. The WIBTA (http://www.infy.com/WIBTA/default.htm) honors organizations that have transformed their business or industry through the creative application of technology. Cutting across industries, these awards showcase best practices of using technology to create new business paradigms. The WIBTA is presented by the William and Phyllis Mack Center for Technological Innovation at the Wharton School of the University of Pennsylvania The Wharton School is the business school of University of Pennsylvania in Philadelphia, Pennsylvania. It was established in 1881 through a donation of Joseph Wharton, making it the world’s oldest business school. and Infosys Technologies. "CNET Channel is a wonderful example of a company that uses IT to enhance its basic offerings," said Esther Dyson Please discuss this issue on the talk page. , chairman of EDventure Holdings and one of seven judges for the award. "In the past five years, while many 'B2B commerce' companies were trying to build software solutions for companies who had already figured out how to do business for themselves, CNET understood that what the market lacked was not software but standardized product A product that conforms to specifications resulting from the same or equivalent technical requirements. NATO standardized products are identified by a NATO code number. data that could support efficient, seamless commerce across the IT supply chain. Today, CNET Channel is one of the few 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. players who have established standards for an industry. Its data -- standardized, up-to-date product information -- has become the language of trade for tech resellers and distributors worldwide, removing enormous friction from the 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. ." CNET Channel is the only independent source of structured, standardized, multi-market and multilingual mul·ti·lin·gual adj. 1. Of, including, or expressed in several languages: a multilingual dictionary. 2. product information for electronic product catalogs in the IT industry. Its content-centric solutions are based on a unique database of technology product specifications containing over 1.2 million product units from more than 5,000 vendors in 40 markets and 12 languages. Today, the leading computer manufacturers, distributors, resellers, portals, and e-tailers rely on CNET Channel solutions. It is estimated that more than 150 million buyers and users, responsible for billions of dollars in high-tech expenditures, make use of CNET Channel's database of product specifications each month. "This recognition by the business experts at Wharton and Infosys, and their prestigious jury, is a high-caliber endorsement of our success as a key enabler in the IT supply channel," said Neil Ashe, CNET Networks senior vice president, strategy and development, who oversees CNET Channel. "We're extremely pleased with this outcome." About CNET Networks, Inc. CNET Networks, Inc. (www.cnetnetworks.com) is the leading global media company informing and connecting the buyers, users and sellers of technology. The company's product portfolio includes top brands CNET, ZDNet, TechRepublic, Builder.com, News.com, GameSpot, Download.com, and mySimon, as well as Computer Shopper Computer Shopper could referr to the following publications:
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