Clarus Announces ''Zero Capital'' Model for B2B E-Commerce.ATLANTA--(BUSINESS WIRE)--Aug. 24, 1999-- Lowering barriers to entry and increasing adoption and ROI (Return On Investment) The monetary benefits derived from having spent money on developing or revising a system. In the IT world, there are more ways to compute ROI than Carter has liver pills (and for those of you who never heard of that expression, it means a lot). Clarus Corporation (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 : CLRS CLRS Center for Labor Research and Studies CLRS Central Launch and Recovery Section CLRS Claims Legal Research System ) announced today its "zero capital" model for business-to-business e-commerce solutions. This innovative initiative is part of a bold new market strategy specifically designed to accelerate the deployment and adoption of business-to-business (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 ) e-commerce applications. Central to the Company's vision will be an aggressive market initiative for "zero capital" electronic procurement solutions. This subscription-based model reduces the risk of a typical up-front investment in B2B e-commerce (Business to Business Electronic-COMMERCE) Refers to one business selling to another business via the Web. See e-commerce. software and synchronizes that investment with the achievement of business benefits and ROI over time. This revolutionary program compels companies of all sizes to adopt Clarus Commerce solutions. Organizations pay a monthly subscription fee for the use of the Clarus Commerce software and service. Pricing for Clarus Commerce starts at $1 million for a typical enterprise-wide capital acquisition. The "zero capital" model offers subscription and hosting based ownership options that range from $10 - $200 per user per month. This approach opens the door to multi-channel distribution, resulting in accelerated deployment of Web-based eProcurement for the masses. "Our strategy is designed to encourage wide-spread use of B2B e-commerce solutions," explains Steve Jeffery, 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. and president of Clarus. "Working on this initiative with our strategic alliance partners, Clarus is leading the charge to open the market to not only very large, but also medium and small businesses. As a result, we hope to dramatically impact the rate of adoption." The "zero capital" model, in combination with the Company's multi-channel strategy, places Clarus at the forefront of the rapidly expanding B2B e-commerce marketplace. This approach will be offered directly to customers, as well as through indirect channels including application service providers, system integrators, e-service providers and resellers. Clarus will offer its B2B e-commerce software using hosting services provided by USi. Clarus' channel partners to date include additional application service providers (ASP) such as Interliant and Data Return; systems integrators including Deloitte & Touche, Arthur Andersen For the U.S. Supreme Court case commonly known as Arthur Andersen, see . Arthur Andersen LLP, based in Chicago, was once one of the "Big Five" accounting firms (the other four are PricewaterhouseCoopers, Deloitte Touche Tohmatsu, Ernst & Young and KPMG), performing and Compaq Services; content aggregators including Harbinger and TPN TPN, in biochemistry, abbreviation for triphosphopyridine nucleotide, a coenzyme now usually called nicotinamide adenine dinucleotide phosphate, or NADP. Register; leading technology providers Cisco and Microsoft; and purchasing card A Purchasing Card is a form of company credit card that allows goods and services to be procured without utilising a traditional purchasing process. Purchasing Cards are usually issued to employees who are required to operate within a set of company rules and guidelines which provider MasterCard International. "Clarus is clearly in the business of helping more companies than ever to leverage the capabilities of B2B e-commerce to their strategic advantage," said Daniel Neal Daniel Neal (December 14, 1678–April 4, 1743) was an English historian. Born in London, he was educated at the Merchant Taylors' School, and at the universities of Utrecht and Leiden. , Vice President of Application Hosting Services at USi. "Clarus recognizes the value of offering its B2B e-commerce solutions on an outsourced basis, to help clients avoid major up-front capital investments." Leading analysts such as Forrester Research claim that hosting will be an important channel for delivery of commerce applications to front line employees and estimate the advanced hosting market will exceed $8 billion by 2002, with the package application rental market expected to exceed $21 billion by 2001. Clarus eProcurement, the flagship solution of the Clarus Commerce suite, is powered by Microsoft(R) Windows NT(R) Server, its built-in Web Server, as well as Microsoft SQL Server A relational DBMS from Microsoft that is a major component of the Windows Server System. It is Microsoft's high-end client/server database and is closely integrated with Microsoft Visual Studio and the Microsoft Office System. (TM). The solution takes advantage of Microsoft Site Server 3.0 Commerce Edition (SSCE SSCE Solid Surface Combustion Experiment (NASA) SSCE Smurfit-Stone Container Enterprises (Chicago, IL) SSCE Swiss Society for Chemical Engineering SSCE Space Station Core Equipment ) and its Commerce Interchange Pipeline (CIP (1) (Common Isochronous Packet) The packet format used in time-based (real time) FireWire transmission. See FireWire, IEC 61883 and mLAN. (2) (Common Industrial P ). The enterprise integration framework for Clarus Commerce, Clarus(TM) Fusion, enables seamless integration between heterogeneous back office systems, adhering to Microsoft BizTalk standards. "The Microsoft commerce platform provides an ideal foundation for hosting Clarus' eProcurement application," said Michael Pinckney, Microsoft e-commerce industry manager. "The power and ease of use of Microsoft platform technologies significantly increases the ROI of deploying hosted applications and supports the Clarus `zero capital' model." In a separate news release issued today, Clarus announced it has entered into an agreement for the sale of its ERP (Enterprise Resource Planning) An integrated information system that serves all departments within an enterprise. Evolving out of the manufacturing industry, ERP implies the use of packaged software rather than proprietary software written by or for one customer. business unit to Geac Computer Systems, Inc. Following the sale, Clarus will focus exclusively on its B2B e-commerce solutions and execution of its aggressive multi-channel strategy. The sale is subject to stockholder approval and other customary conditions. Atlanta-based Clarus Corporation (www.claruscorp.com) (NASDAQ: CLRS) is a leader in providing B2B e-commerce applications that enable organizations to gain control of their operational resources, including non-production goods and services In economics, economic output is divided into physical goods and intangible services. Consumption of goods and services is assumed to produce utility (unless the "good" is a "bad"). It is often used when referring to a Goods and Services Tax. . The Clarus Commerce solution leverages Web technology and channel partners to connect large populations of employees, management and suppliers with continuous planning, monitoring and control of resources, which can result in a dramatic impact on the bottom line. Clarus delivers its e-commerce solutions via direct and indirect channels and offers innovative "zero capital" pricing models to service very large to medium and small sized companies. The company's flagship product, Clarus eProcurement, is being used at more than 20 sites for customers including MasterCard International, MetLife, First Data Corporation, Hyatt Regency and Parsons Brinckerhoff, with planned deployment to more than 120,000 employees. THIS PRESS RELEASE CONTAINS FORWARD-LOOKING STATEMENTS WITHIN THE MEANING OF SECTION 27A OF THE SECURITIES ACT OF 1933 AND SECTION 21E OF THE EXCHANGE ACT. ACTUAL RESULTS COULD DIFFER MATERIALLY FROM THOSE PROJECTED IN THE FORWARD-LOOKING STATEMENTS AS A RESULT OF CERTAIN RISKS INCLUDING THAT THE BENEFITS EXPECTED BY THE COMPANY AS A RESULT OF THE ANNOUNCEMENT MAY NOT OCCUR. Throughout this release, software and hardware products are mentioned by name. In most, if not all, cases, these product names are claimed as trademarks by the companies that manufacture the products. It is not our intention to claim these names or trademarks as our own. EDITOR'S NOTES: Please visit www.claruscorp.com to view all Clarus news releases. |
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