Cahners Research Declares BuildNet's HVAConline.com the Most Recognized Portal Community in the Industry.Business Editors RESEARCH TRIANGLE PARK Research Triangle Park, research, business, medical, and educational complex situated in central North Carolina. It has an area of 6,900 acres (2,795 hectares) and is 8 × 2 mi (13 × 3 km) in size. Named for the triangle formed by Duke Univ. , N.C.--(BUSINESS WIRE)--Oct. 30, 2000 Study by Cahners Research Discovers HVAConline.com is the Most Visited Industry Web Site by Contractors BuildNet, Inc., a leading provider of supply chain-wide information synchronization (1) See synchronous and synchronous transmission. (2) Ensuring that two sets of data are always the same. See data synchronization. (3) Keeping time-of-day clocks in two devices set to the same time. See NTP. for the annual $800 billion U.S. construction industry, today announced that its HVAConline(TM) community has been recognized as the most visited Web site in the HVAC/R HVAC/R Heating, Ventilation, Air Conditioning, and Refrigeration industry by Cahners Research. HVAConline.com is a leading provider of business-to-business e-commerce services for the HVAC/R trade community. Cahners Research offers studies tailored to particular needs of a company, including quantitative and qualitative research Qualitative research Traditional analysis of firm-specific prospects for future earnings. It may be based on data collected by the analysts, there is no formal quantitative framework used to generate projections. in product, market and advertising. Results from the survey, released in September, reported and summarized current and future Internet usage for a group of Contractor magazine readers. The study, "Contractor Internet Usage Study Among Contractors," was based on a four-page questionnaire mailed June 5, 2000, by Contractor magazine. The survey gives results using all Internet usage aspects, and had a 26.1 percent response rate. Research showed that respondents In the context of marketing research, a representative sample drawn from a larger population of people from whom information is collected and used to develop or confirm marketing strategy. have actively been using the Internet for business for an average of 2.6 years. Approximately 72.6 percent of responding contractors say their company has access to the Internet, while over half of responding contractors said the Internet will become very valuable or valuable to their business over the next three years. Almost 9 out of 10 contractors say they have accessed manufacturer's Web sites. "This is exciting research and it is generating quite a bit of interest in the industry," said Bob Miodonski, editorial director of Contractor and Supply House Times magazines. "What's intriguing in·trigue n. 1. a. A secret or underhand scheme; a plot. b. The practice of or involvement in such schemes. 2. A clandestine love affair. v. is not that contractors are using the Internet, but why they are using it. They realize the Internet provides a way to make their employees more efficient and their companies more productive and profitable." 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. the research, the most visited industry related portal site Noun 1. portal site - a site that the owner positions as an entrance to other sites on the internet; "a portal typically has search engines and free email and chat rooms etc. is http://www.HVAConline.com . Since its launch on July 9, 2000, HVAConline.com's membership for the community, which is comprised primarily of contractors and subcontractors, has grown 623 percent. The site now has approximately 3,000 members of the online community. HVAConline also has 56 manufacturers and 165 distributors engaging in e-commerce. The study also described how contractors have made the Internet a tool to conduct business. Over the next year, 40.9 percent of contractors say they expect their company will buy plumbing and heating products and supplies over the Internet, and they feel their companies will most often buy tools over the Internet. Currently, they use the Internet primarily for product information. "With the growing use of the Internet for purchasing needs, BuildNet's HVAConline.com is playing a significant role in providing heating, ventilation, air conditioning air conditioning, mechanical process for controlling the humidity, temperature, cleanliness, and circulation of air in buildings and rooms. Indoor air is conditioned and regulated to maintain the temperature-humidity ratio that is most comfortable and healthful. and refrigeration refrigeration, process for drawing heat from substances to lower their temperature, often for purposes of preservation. Refrigeration in its modern, portable form also depends on insulating materials that are thin yet effective. services to contractors and subcontractors to satisfy their growing needs," said Todd Mann, vice president of BuildNet Portal Group. "The Cahners Research study has confirmed that HVAConline.com is the portal most industry professionals turn to in the community." With Internet access See how to access the Internet. available at any time, couple with the new technology offered by the wireless Web, 47.2 of those who responded say they believe that non-stop access is a primary benefit of using the Internet for business. About Cahners Research Cahners Research is a full-service division of Cahners Business Information, offering a comprehensive range of custom primary and secondary research services. Its staff is made up of research experts who have extensive knowledge in the many markets served by Cahners' publications. Cahners Research provides the most comprehensive range of custom business-to-business research services available, including quantitative and qualitative studies in product, market and advertising research. Cahners Research has access to more than 7 million subscriber names, consisting of key decision makers and those with purchasing influence. Services include: design and execution of projects from beginning to end; consultation on methodology and sample selection; questionnaire design; survey tabulation tab·u·late tr.v. tab·u·lat·ed, tab·u·lat·ing, tab·u·lates 1. To arrange in tabular form; condense and list. 2. To cut or form with a plane surface. adj. Having a plane surface. ; analysis and presentation of results. About HVAConline.com(TM) HVAConline is a BuildNet Community that provides content, collaboration, customization and commerce to professionals in the HVAC/R industry. It enables electronic business-to-business transactions - purchase orders, advance shipping notices and invoices - among dealers, distributors and manufacturers of the heating, ventilation, air conditioning and refrigeration (HVAC/R) industry. HVAConline also offers HVAC/R professionals - contractors, dealers, distributors and manufacturers the latest industry and general interest news, as well as HVAC/R career listings posted on HVAConlineJobs.com. BuildNet's other specialized communities include PLUMBINGonline(TM), ELECTRICAL online(TM) and APPLIANCEpartner(TM). HVAConlineJobs.com is a product of HVAConline.com. For more information, visit the company's Web site at http://www.hvaconline.com or call 888-226-8089. About BuildNet, Inc. BuildNet, Inc., located in Research Triangle Park, N.C., is a leading provider of supply chain-wide information synchronization for the $800 billion U.S. construction industry. BuildNet offers information synchronization through its Internet-based transactions, its widely-used enterprise resource planning See ERP. (application, business) Enterprise Resource Planning - (ERP) Any software system designed to support and automate the business processes of medium and large businesses. and project management software systems, its Web site, BuildNet.com, which delivers electronic catalogs, construction-related applications, business intelligence, and financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. , and its Portal Group. BuildNet also allows users to engage in integrated e-commerce with any other BuildNet-enabled user or allied trading partners, as the Company automates and synchronizes their key business activities, including scheduling, bid management, collaboration, procurement The fancy word for "purchasing." The procurement department within an organization manages all the major purchases. , and logistics. BuildNet also provides connectivity solutions for each link in supply chain, enabling the right products and services to be delivered to the right places at the right times and at the lowest possible cost, a much-needed service in the highly-fragmented construction industry, where an estimated one-third of annual costs are consumed by waste due to supply chain inefficiency. BuildNet provides the deepest domain expertise in the construction industry and presently has thousands of customers implementing its applications. Its aggregated software customer base among home building contractors building contractor n → contratista m/f de obras building contractor n → entrepreneur m (en bâtiment) building contractor alone is over 60% of U.S. single-family home closings. Its dealer/distributor systems, provide by BuildNet subsidiary, NxTrend, are used today by 86,000 users within 900 local and national businesses, including three of the nation's top ten construction suppliers; four of the nation's top ten electrical product distributors; and three of the nation's top ten wholesalers of plumbing and HVAC (Heating Ventilation Air Conditioning) In the home or small office with a handful of computers, HVAC is more for human comfort than the machines. In large datacenters, a humidity-free room with a steady, cool temperature is essential for the trouble-free products. BuildNet's warranty claims company, KPI KPI Key Performance Indicator KPI Kuwait Petroleum International KPI Kiev Polytechnic Institute (Ukraine) KPI Kernel Programming Interface KPI King Pin Inclination (vehicle steering geometry angle) , and its Portal Group provide e-commerce functionality and warranty claims services between manufacturers and dealer/distributors primarily within the electronics industry and the electrical, plumbing, appliances and HVAC segments of the construction industry. For more information about BuildNet, visit http://www.buildnet.com . Other product and company names herein may be trademarks of their respective owners.(c)2000 |
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