Cisco Systems and Xiao Tong Networking Technology Co., Ltd. Implement Next-Generation E-Commerce Applications in China.Business Editors/High-Tech Writers BEIJING--(BUSINESS WIRE)--Aug. 28, 2002 Optimizing XML XML in full Extensible Markup Language. Markup language developed to be a simplified and more structural version of SGML. It incorporates features of HTML (e.g., hypertext linking), but is designed to overcome some of HTML's limitations. Using RosettaNet Standards, Cisco and Xiao Tong Xiao Tong (蕭統) (501-531), courtesy name Deshi (德施), formally Crown Prince Zhaoming (昭明太子, literally "the accomplished and understanding crown prince"), later further posthumously honored as Emperor Zhaoming Deploy Industry Leading Solutions; RosettaNet Deployment a First in China 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. and Xiao Tong Networking Technology Co., Ltd., today announced the successful deployment of an integrated e-commerce solution incorporating both XML (eXtensible Markup Language See XML. (language, text) Extensible Markup Language - (XML) An initiative from the W3C defining an "extremely simple" dialect of SGML suitable for use on the World-Wide Web. http://w3.org/XML/. ) and RosettaNet standards in China. Xiao Tong is a Cisco 2-tier distributor in China. The two companies have successfully integrated their electronic purchasing processes Purchasing Purchasing is the formal process of buying goods and services. The Purchasing Process can vary from one organization to another but there are some key elements that are common throughout The process usually starts with a 'Demand' or requirements using RosettaNet XML-based-business process standards. Both companies will save costs through the improved purchasing process automation, elimination of redundancies and faster integration of new functionalities. Xiao Tong will also extend the procurement-related functionalities to its customers and other trading partners. "By implementing the Cisco standards-based Integrated Commerce Solution-XML, Xiao Tong will greatly benefit from improved productivity in its e-commerce transactions with Cisco. This business-to-business integration is a first of its kind in China, and we are looking forward to extending and further developing the system with Xiao Tong," said Ron Schorsch, Vice President of Worldwide Customer Advocacy Operations at Cisco Systems. The Cisco Integrated Commerce Solution-XML offers its customers and trading partners an open-standards, XML-based order management solution. This next-generation 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 integration exchanges ordering data between companies by leveraging public Internet infrastructure. XML allows for the creation of customized tags, enabling the definition, transmission, validation and interpretation of data among applications and between organizations. RosettaNet is emerging as the de facto standard Hardware or software that is widely used, but not endorsed by a standards organization. Contrast with de jure standard. de facto standard - A widespread consensus on a particular product or protocol which has not been ratified by any official standards body, such as ISO, for e-business transactions between partners in the high technology global trading network. "E-Commerce and B2B integration will change the methods of conducting business in the future and it will be increasingly important for a company's survival in the global economy," said Mr. Yan Li, Executive Director of Xiao Tong. "We are very pleased to be the first in China to deploy this innovative, standards-based solution, and we are committed to further extending B2B- XML integration with our customers in China. Working with Cisco, we have created a scalable foundation for our growth." The Cisco-Xiao Tong tong 1 tr.v. tonged, tong·ing, tongs To seize, hold, or manipulate with tongs. [Back-formation from tongs. B2B application uses RosettaNet's Partner Interface Processes (TM) (PIPs(R)) for information exchange and integration between trading partners' enterprise systems. The key PIPs implemented by Xiao Tong facilitate real-time updates to order status, pricing and product information and eliminate dual order entry. "The collaboration between Cisco and Xiao Tong clearly demonstrates how trading partners within the supply chain are leveraging RosettaNet standards to accelerate B2B integration in the industry," said Jennifer Hamilton, 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. of RosettaNet. "In addition, this first acknowledged deployment in China speaks to the global adoption of RosettaNet, and ultimately, the benefits common electronic business process standards offer in transcending regional boundaries." About RosettaNet RosettaNet is an independent, non-profit consortium dedicated to the collaborative development and rapid deployment of open Internet-based business standards that align processes within the global high-technology trading network. Information on RosettaNet is available at www.rosettanet.org. About Cisco Systems Cisco Systems, Inc. (Nasdaq: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 www.cisco.com. Note to Editors: 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. and/or its affiliates in the U.S. and certain other countries. All other trademarks mentioned in this document or Web site are the property of their respective owners. The use of the word partner does not imply a partnership relationship between Cisco and any other company. |
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