Commerce One Continues Its European E-Commerce Leadership.Business Editors/High-Tech Writers PLEASANTON, Calif. & LONDON--(BUSINESS WIRE)--Dec. 8, 2000 B2B E-Commerce (Business to Business Electronic-COMMERCE) Refers to one business selling to another business via the Web. See e-commerce. Leader Powers e-Marketplaces in Europe, the Middle East, India and Africa; Establishes Strategic Alliances and Expands Operation Powering 39 e-marketplaces in Europe, the Middle East, India and Africa (EMEA (Europe, Middle East, Africa) Refers to that region of the world. For example, one might see products packaged differently for the UK, EMEA and Asia Pacific markets. ), Commerce One, Inc. (Nasdaq:CMRC CMRC Canadian Motosport Racing Club CMRC Commerce One Inc. (stock symbol) CMRC Caribbean Marine Research Center CMRC Crime Mapping Research Center CMRC Credit Management Research Centre (UK) ) continues to drive business commerce onto the World Wide Web across these key regions. With EMEA e-marketplaces, a next generation joint 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 ) product with SAP, a significant go-to-market strategy with key technology vendors including Microsoft, a well-built internal team and distributor operations, Commerce One continues to pave its leadership position in global B2B e-commerce. By creating and connecting global e-marketplaces across 54 countries on six continents Six Continents is a large retail PLC in UK which split into Six Continents Retail known as Mitchells and Butlers plc. The hotels and soft drinks business of Six Continents PLC is now known as InterContinental Hotels Group PLC. and in 17 languages, Commerce One helps companies around the world trade 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. with speed and efficiency via the Internet. Through the Global Trading Web, the world's largest B2B trading community, buyers can realize significant cost savings, sellers can reach new markets and industries can collaborate on a global scale. "Commerce One is focused on moving global business commerce onto the World Wide Web," said Mark Hoffman, chairman and 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 Commerce One. "We believe Commerce One is working in some of the most financially robust regions in the world to further develop our extensive network of e-marketplaces around the globe." This quarter's newest European e-marketplaces include: Italy: Seat Pagine Gialle Seat Pagine Gialle is an Italian company with a strong European presence in the directories market place. The UK subsidiary is Thomson Directories Ltd.. External links
Company that provides Internet connections and services to individuals and organizations. For a monthly fee, ISPs provide computer users with a connection to their site (see data transmission), as well as a log-in name and password. , announced October 4, 2000, its plans to establish a regional e-marketplace, named Mondus, powered by Commerce One. As a regional e-marketplace, Mondus will help Italian companies This is a list of companies from Italy. Aerospace and Defence
United Kingdom: Asite, announced October 24, 2000, is a UK-based e-marketplace aimed at the $786 billion European construction industry. Both Commerce One and Microsoft power the Asite e-marketplace. Asite partners include Stanhope stan·hope n. A light, open, horse-drawn carriage with one seat and two or four wheels. [After the Reverend Fitzroy Stanhope (1787-1864), British clergyman.] Noun 1. , Rotch Property Group, Aurora, Intel, Compaq and Attenda. Asite aims to be an online e-marketplace to share construction practices and enable the construction industry to deliver projects faster, at lower cost and at a higher standard. Nordic Region: IBX IBX Independence Blue Cross (Health Insurance Company) IBX Internet Business Exchange IBX Integrated Business Exchange IBX Inner Banks (Foundation of Renewal for Eastern North Carolina) (Integrated Business Exchange), a joint Commerce One/SAPMarkets e-marketplace, was announced November 16, 2000. A joint venture among Ericsson, SEB Noun 1. SEB - a form of staphylococcal enterotoxin that has been used as an incapacitating agent in biological warfare staphylococcal enterotoxin B , and b-business partners, IBX will operate throughout the Nordic region, including Sweden, Denmark, Finland and Norway. IBX will help Nordic companies automate the purchasing process 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 for goods and services to enable cost savings. Existing European e-marketplaces include: France: BNP-Paribas, Cap Gemini Ernst & Young, Credit Agricole and Societe Generale established answork, a regional e-marketplace open to all industry sectors. answork, which went live on November 6, 2000, will help French companies streamline the purchasing process for indirect goods to enable cost savings. United Kingdom: BT MarketSite, a regional e-marketplace open to companies across the UK, was launched February 24, 1999 by British Telecommunications and Commerce One. The e-marketplace currently has 96 suppliers on-line, selling to companies including Boots, Powergen and Credit Suisse First Boston Credit Suisse First Boston was originally the trading name of the Financière Crédit Suisse-First Boston, a London-based 50-50 investment banking joint venture formed in 1978 between the First Boston Corporation and Credit Suisse. . BT MarketSite also runs Farmgate.co.uk, an e-marketplace for the agricultural industry, in partnership with eBusinessMedia, the online component of United Business Media (formerly Miller Freeman An earlier subsidiary of United News & Media (www.unm.com). Miller Freeman was a leading trade show organizer and publisher serving a variety of industries. In 1996, it acquired the Blenheim Group, producers of the popular PC EXPO trade show, and in 1999, it acquired the CMP UK). BT MarketSite has recently added the American Express American Express (NYSE: AXP), sometimes known as "AmEx" or "Amex", is a diversified global financial services company, headquartered in New York City. The company is best known for its credit card, charge card and traveler's cheque businesses. Smart eProcurement service, a new electronic trading  This article or section is in need of attention from an expert on the subject.Please help recruit one or [ improve this article] yourself. See the talk page for details. and payment proposition for BT Marketsite's buyers and sellers. Germany: Deutsche Telekom Deutsche Telekom AG (ISIN: DE0005557508, FWB: DTE, NYSE: DT, LSE: DEU, TYO: 9496 ) (abbreviated DTAG) is a telecommunications company headquartered in Bonn, Germany. It is the largest telecommunications company in Germany and in the EU. AG, Europe's largest telecommunications company See telecom company. , and Commerce One announced the agreement to establish Deutsche Telekom MarketPlace on January 18, 2000. Since then, Deutsche Telecom has announced the addition of Commerce One Auction Services to the e-marketplace. Deutsche Telekom MarketPlace streamlines the buying and selling of goods and services between businesses throughout Europe. Spain: opciona.com, formed by Endesa, one of the world's largest utilities and premier telecommunications providers, in Spain on February 22, 2000, in partnership with PricewaterhouseCoopers Consulting and Commerce One, is a Spanish hub for the Global Trading Web allowing businesses to exchange indirect goods and services worldwide. opciona.com, using Commerce One Auction Services, has enabled more than 50 auctions per week since its launch in April 2000. Portugal: TRADECOM was launched in April 2000 in partnership with Portugal Telecom Portugal Telecom (Euronext: PTC, NYSE: PT) is the biggest telecommunications operator in Portugal. It operates mainly in Portugal and Brazil. It also has a significant presence in Morocco, Guinea-Bissau, Cape Verde, Mozambique, Timor-Leste, Angola, Kenya, the People's Republic Prime, Group Banco Espirito Santo, Caixa Geral de Depositos and PT Multimedia. The TRADECOM e-marketplace links buyers and sellers throughout Portugal and other Portuguese-speaking countries, enabling them to accelerate trade and reduce costs on the transaction of goods and services. Switzerland: Conextrade e-marketplace went live in June 2000, established by Swisscom AG, the leading Swiss telecommunications provider. The Conextrade e-marketplace links buyers and sellers throughout Switzerland and Europe, accelerating trade and reducing costs for trading partners. Commerce One Joint E-Commerce Solution with SAP In June 2000, SAP and Commerce One committed to delivering a joint, global e-commerce solution with a tightly integrated go-to-market strategy. In August 2000, Commerce One and SAPMarkets rolled out their jointly developed products, MarketSet and Enterprise Buyer, which combine the Commerce One e-marketplace infrastructure with e-procurement, supply chain, product planning Product Planning is the ongoing process of identifying and articulating market requirements that define a product’s feature set. See also
This is a list of companies from the countries in the European Union. can purchase indirect products. "The delivery of our first joint solution demonstrates the teamwork between SAPMarkets and Commerce One to produce the next generation of global e-business software," said Bernd-Uwe Pagel, managing director of SAPMarkets Europe. "The result is a joint e-marketplace and e-procurement solution of unparalleled scope and depth that will enable our customers to work together around the world." Commerce One To Establish Go-To-Market Strategy with Microsoft Microsoft and Commerce One formed an alliance to drive the growth of e-marketplace adoption and to develop and deliver Commerce One e-marketplace infrastructure technologies optimized for the Microsoft.NET Platform. This joint initiative, was developed to help simplify and accelerate the adoption of e-marketplaces. A mere 29 days after the announcement of joint initiative, UK-based Asite announced the establishment of an e-marketplace for the $786 billion European construction industry based on the joint Commerce One/Microsoft solution. Steve Ballmer, president and CEO of Microsoft, said, "We believe the combination of Commerce One's global industry expertise and marketplace solutions with the business agility of the Microsoft.NET Platform will provide Asite.com, as well as other EMEA-based e-marketplaces, with increased speed-to-market, seamless product integration and new business opportunities." Commerce One Broadens Platform Choices for Customers Demonstrating its strategy of designing open market technology to leverage the leading computing platforms, Commerce One announced an alliance with Sun Microsystems Sun Microsystems, Inc. (NASDAQ: JAVA[3]) is an American vendor of computers, computer components, computer software, and information-technology services, founded on 24 February 1982. to develop Commerce One solutions optimized for the Sun Solaris(TM) Operating Environment platform. Commerce One Increases Reach to New Markets In addition to bolstering its EMEA operation with 16 key senior and executive level employees, Commerce One strengthened its presence in EMEA through independently owned and operated distributor operations in Israel, the Middle East, India, Greece and South Africa. Progress includes: Israel: Israel distributor operations first e-marketplace was announced on November 16, 2000 with partners Bank Hapoalim, Compaq Israel, Internet Gold, Ofek Newworld and The Israel Corporation. The e-marketplace is expected to allow companies of all sizes across Israel to save time and money by moving their business commerce online. The service will encompass the purchase of indirect goods and services. Middle East: Middle East distributor operations, based in Dubai, covers the following 14 countries: Algeria, Bahrain, Egypt, Jordan, Kuwait, Lebanon, Morocco, Oman, Qatar, Saudi Arabia, Tunisia, Turkey, United Arab Emirates United Arab Emirates, federation of sheikhdoms (2005 est. pop. 2,563,000), c.30,000 sq mi (77,700 sq km), SE Arabia, on the Persian Gulf and the Gulf of Oman. and Yemen. The Middle East distributor operations was established to power e-marketplaces for companies in the Middle East. India: India distributor operations commenced on August 2, 2000, is supported by Andersen Consulting, HDFC Bank, ICICI ICICI Industrial Credit and Investment Corporation of India and PricewaterhouseCoopers. Under this agreement, the India distributor operations has agreed to establish a regional e-marketplace, called Gate2biz.com, to be used by companies throughout India, Nepal, Sri Lanka, Bhutan and the Maldives, and with plans to extend into Pakistan and Bangladesh. Greece: Greece distributor operations has established a new company called CosmoONE to launch a regional e-marketplace to link buyers and sellers of indirect goods throughout Greece. South Africa: South Africa distributor operations announced its first e-marketplace in Africa, MARKETSITEafrica.com, and first African transaction with Sasol, South Africa's largest producer of synthetic fuels and chemical products. About Commerce One Commerce One (Nasdaq:CMRC) is the leader in global e-commerce solutions for business. Through its products and services, Commerce One creates access to worldwide markets, allowing anyone to buy from anyone, anytime, anywhere. The Commerce One Global Trading Web(TM) is the world's largest business-to-business trading community. Comprised of many open e-marketplaces, the Global Trading Web provides unprecedented economies of scale for buying organizations, suppliers, and service providers worldwide. Through its alliance with SAP AG and SAPMarkets, Commerce One enables enterprises and communities of all sizes and industries to efficiently conduct collaborative business on the Internet. Commerce One can be reached by phone at its Pleasanton, Calif. headquarters at 800/308-3838 or 925/520-6000; or in Europe at +44-1753-483000; or in Asia at +852-2251-1939; or via the Internet at www.commerceone.com. Forward Looking Statements The foregoing paragraphs include forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements include statements concerning Commerce One's efforts to move global e-commerce onto the World Wide Web, the further expansion and development of an extensive network of e-marketplaces around the globe, the ease and capabilities of the Commerce One solutions used to power such e-marketplaces, and the anticipated benefits to be gained by sellers and buyers using such e-marketplaces. These statements are subject to risks and uncertainties. Actual results may differ materially from those described in such statements as a result of a number of factors. These factors include, but are not limited to, the risk that the e-marketplace infrastructure solutions delivered may not meet user expectation, the extent of user adoption and utilization of such solutions, actual efficiencies and economies of scale may not be as pronounced as those anticipated, Commerce One's limited operating history, history of losses and anticipation of continued losses, potential volatility of quarterly operating results, the ability of Commerce One to successfully implement its expansion plans, unexpected operational difficulties, risks related to the Internet, general economic conditions, and intense and increasing competition in the market. For a discussion of these and other risk factors that could affect Commerce One's business, see "Risk Factors" in Commerce One's filings with the Securities and Exchange Commission, including its annual report on Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. for the year ended December 31, 1999 and its quarterly report on Form 10-Q Form 10-Q See 10-Q. for the quarter ended September 30, 2000. Note to Editors: Commerce One, Many Markets. One Source. Global Trading Web, BuySite, MarketSite, Global Trading Platform, Common Business Library, 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. Development Kit, XML Commerce Connector, MarketSite Builder, and SupplyOrder are either trademarks or registered trademarks of Commerce One, Inc. Enterprise Buyer and MarketSet are trademarks of Commerce One, Inc., SAP AG, and SAPMarkets. All other company, product, and brand names are trademarks of their respective owners. |
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