Cisco Announces Innovative Internet Commerce Solution.SAN JOSE San Jose, city, United States San Jose (sănəzā`, săn hōzā`), city (1990 pop. 782,248), seat of Santa Clara co., W central Calif.; founded 1777, inc. 1850. , Calif.--(BUSINESS WIRE)--Feb. 16, 1999-- Internet Internet Publicly accessible computer network connecting many smaller networks from around the world. It grew out of a U.S. Defense Department program called ARPANET (Advanced Research Projects Agency Network), established in 1969 with connections between computers at the Commerce Leader Partners With BroadVision, InterWorld Corporation, Open Market, and Consultants to Help Companies Succeed Using Internet Applications As part of its long-standing commitment in helping customers maximize the business advantage in using Internet-based applications, Cisco Systems “Cisco” redirects here. For other uses, see Cisco (disambiguation). Cisco System,Inc. (NASDAQ: CSCO, HKSE: 4333 ) is an American multinational corporation with 54,000 employees and annual revenue of US $28.48 billion as of 2006. , Inc. today announced its Internet Commerce Solution. The Internet Commerce Solution provides the Cisco best practices, high performance applications, consulting integration services, and optimized network infrastructures that companies need to realize rapid success in transacting business online with suppliers, business partners, and customers. Cisco's new Internet See Web 2.0 and Internet2. offering is based on the company's own experience as a global leader in Internet commerce with over 73 percent of the company's transactions conducted via the web today -- a run rate of over $23 million daily or $8.3 billion annually. Cisco has selected three of the leading enterprise-class Internet commerce application vendors as strategic partners in delivering this comprehensive Internet Commerce Solution to customers: BroadVision, InterWorld Corporation, and Open Market. In addition, Cisco has transferred its Internet commerce best practices, in terms of both business processes and IT implementation methodologies, to leading consulting integration partners: Cambridge Technology Partners, Ernst & Young, and KPMG KPMG Klynveld Peat Marwick Goerdeler (accounting firm) KPMG Kaiser Permanente Medical Group KPMG Keiner Prüft Mehr Genau (German) KPMG Kommen Prüfen Meckern Gehen . These Internet Business Solution Application and Consulting Partners have all selected Cisco as their strategic networking Strategic Networks Strategic Networks play a major role in the overall Strategy Development Process. Strategic Networks need to be developed, managed and measured professionally and are responsible for successful executed strategies and strategic roadmaps. vendor. By combining Cisco's own hands-on Internet commerce and networking expertise together with applications and services from these partners, customers are able to move forward rapidly in implementing successful Internet commerce solutions. "We are helping Cisco customers understand and rapidly execute industry-leading business and technology practices that drive successful Internet commerce implementations," explains Sue Bostrom, Vice President of Cisco's Internet Business Solutions Group. "With Cisco's Internet Commerce Solution, companies are able to realize tremendous opportunities for using the Internet to improve customer satisfaction, reduce operating costs operating costs npl → gastos mpl operacionales , and increase revenues from both existing and new customer segments. By working closely with our Internet Business Solution Application and Consulting Partners, we can help customers move quickly to get their Internet commerce sites up and running and achieve rapid success." Amy B. Hawman, vice president of Internet channel The Internet Channel is a version of the Opera 9 web browser for use on the Wii by Opera Software and Nintendo.[1] On December 22, 2006, a free beta version (promoted as a "trial version") of the browser was released. and marketing for Xerox Corporation (company) XEROX Corporation - http://xerox.com/. See also XEROX PARC, XEROX Network Services. , emphasizes that "Cisco's Internet Business Solutions Group and their partners have been incredibly valuable in helping us develop and implement our Internet commerce strategy. They provided us a deeper understanding of Cisco's own success with Internet commerce and the fundamental business benefits and opportunities that Internet commerce can offer Xerox. They also helped us benefit from their experience and lessons learned in both the business process changes required as well as leading practices in IT application development and infrastructure." Cisco's Internet Commerce Solution is also helping AmKor Technology Amkor Technology, Inc. (NASDAQ: AMKR) is a high-tech semiconductor product manufacturer that includes Intel and IBM among its primary customers. Previously headquartered in West Chester, Pennsylvania, United States, Amkor recently announced that it will move to Chandler, , an industry-leading provider of integrated circuit packaging Integrated circuit packaging is the final stage of semiconductor device fabrication per se, followed by IC testing. In the integrated circuit industry it is called simply packaging and sometimes semiconductor device assembly, or simply assembly. , assembly, and test services to redefine Verb 1. redefine - give a new or different definition to; "She redefined his duties" define, delimit, delimitate, delineate, specify - determine the essential quality of 2. its Internet commerce business strategy and implementation. "Our work with Cisco's Internet Business Solutions Group has been very informative and helpful to us in getting a secure hold on our 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. vision and approach," said Bob Filipski, corporate vice president of planning and systems at AmKor Technology. "The tools and frameworks are excellent, and we plan to utilize them as we go forward with prioritizing and justifying our initiatives." One central emphasis of Cisco's Internet Commerce Solution is business-to-business Internet commerce. David Strom David Strom (born 1964) is President of the Minnesota Free Market Institute. Prior to the formation of MFMI, David served as President of the Taxpayers League of Minnesota. , a leading authority on Internet commerce, points out that "Business-to-business e-commerce is the real success story for the moment. While the past holiday shopping season has received lots of public attention, most of the real money is being made in businesses selling to others and connecting their suppliers together via Internet technologies. And Cisco is one of the best examples in this space." Cisco's Internet Commerce Solution Cisco's Internet Commerce Solution is comprised of four major components, including: -- Industry-Leading Practices - Cisco provides a broad portfolio of recommended business and technology practices, Internet commerce business models, strategic frameworks, planning tools, and implementation methodologies based on the company's own industry-leading Internet commerce expertise. -- Network Foundation - Complete Cisco network reference architectures and pre-configured network designs provide the essential foundations for building a state-of-the-art, end-to-end enterprise network infrastructure that is highly scalable, reliable, secure, and optimized to support Internet commerce applications. -- Internet Business Solution Application Partners - Leading Internet commerce application vendors BroadVision, InterWorld Corporation, and Open Market have selected Cisco as their strategic networking partner. In addition to strategic business development and marketing efforts, these providers of enterprise-class, high performance Internet commerce applications are also working closely with Cisco to enhance the performance and functionality of their products by taking advantage of Cisco's leading-edge networking technologies. -- Internet Business Solution Consulting Partners - Cambridge Technology Partners, Ernst & Young, and KPMG have selected Cisco as their strategic networking partner in providing strategic consulting and integration services for all Internet-based solutions and web technologies. Cisco has worked closely with these partners to help integrate the company's best practice business processes and IT implementation methodologies into their respective Internet Commerce Solution offerings. Additional Internet Powered Solutions from Cisco In addition to Cisco's Internet Commerce Solution, the Internet Business Solutions Group is developing Internet Powered Solutions for Employee Services, Customer Care, and Supply Chain Management. These solutions will be announced later in the year. About Cisco Systems Cisco Systems, Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : CSCO CSCO Cisco Systems Incorporated (stock symbol) CSCO Chief Supply Chain Officer ) is the worldwide leader in networking for the Internet. News and information are available at http://www.cisco.com. Cisco, Cisco IOS Cisco IOS (originally Internetwork Operating System) is the software used on the vast majority of Cisco Systems routers and all current Cisco network switches. IOS is a package of routing, switching, internetworking and telecommunications functions tightly integrated with a , Cisco Systems and the Cisco Systems logo are registered trademarks of Cisco Systems, Inc. in the U.S. and other countries. All other trademarks mentioned in this document are the property of their respective owners. |
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