Commerce One Partners with Corio to Deliver Outsourced E-Commerce Solutions; Hosted Applications Offer Mid-Sized Companies the Benefits of E- Commerce.WALNUT CREEK Walnut Creek, residential city (1990 pop. 60,569), Contra Costa co., W Calif., in the San Francisco Bay area; inc. 1914. It is the trade and shipping center of an extensive agricultural area where walnuts are among the major product. , Calif.--(BUSINESS WIRE)--Nov. 9, 1999-- 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) ), the leading provider of global business-to-business e-commerce solutions, announced a distribution partnership with Corio, a leading Application Service Provider (ASP). Under the agreement, Corio will sell, implement, remotely host and manage the Commerce One Solution to buy and sell products and services between businesses over the Internet. The Commerce One Solution, consisting of Commerce One BuySite with access to Commerce One MarketSite, allows companies to buy and sell both direct and indirect 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. . Services can include travel, consulting, and temporary services Temporary Services is an artist collective of three people based in Chicago, Illinois, USA. They have been collaborating on art projects, public events, publications, and exhibitions since 1998. . Direct goods include raw materials and third-party components that go into manufactured goods manufactured goods npl → manufacturas fpl; bienes mpl manufacturados manufactured goods npl → produits manufacturés , while indirect goods can include such "maintenance, repair and operation" (MRO MRO In currencies, this is the abbreviation for the Mauritanian Ouguiya. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. ) items as janitorial and office supplies, as well as services such as staffing or travel. Together, direct and indirect goods alone represent the two largest expenses for most companies and typically account for up to 74 % of a typical company's expenditures. Commerce One BuySite Hosted Edition 6.0 is a version of the Commerce One BuySite Electronic Procurement Application that is available in a Internet hosted environment enabling smaller businesses to access the service with just a web browser The program that serves as your front end to the Web on the Internet. In order to view a site, you type its address (URL) into the browser's Location field; for example, www.computerlanguage.com, and the home page of that site is downloaded to you. . BuySite will be available to Corio customers to make purchases over the Internet, automating the entire purchasing cycle, from requisition to payment. Commerce One MarketSite is the industry's leading commerce portal, enabling businesses to create open, interoperable marketplaces that automate all their interactions with suppliers, from order to payment. "Corio scoured the field of e-procurement applications to select the system that would offer the most value to our mid-sized and growing customers," said Corio President 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. George Kadifa. "Commerce One has the best combination of ease-of-use and access to an extensive international network of suppliers including Cisco, CompUSA, NECS NECS New England Centenarian Study NECS Navy Embedded Computer System , Office Depot, Staples and Xerox." Corio customers using the Commerce One Solution will be able to transact business with other companies around the world through Commerce One's Global Trading Web. The world's largest open, global, business-to-business trading community , this network currently enables secure, seamless international trade through MarketSite operators including British Telecom in the United Kingdom, Commerce One in North America, NTT NTT Nippon Telegraph and Telephone Corporation NTT New Technology Telescope NTT National Technology Transfer, Inc NTT Name That Tune (TV game show) NTT National Tree Trust NTT Number Theoretic Transform Communications in Japan Japan currently possesses one of the most advanced communication networks in the world. Telephone Telephones - main lines in use: 60.3 million (1997) '''Telephones - [. , SESAMi.com in Southeast Asia, and Cable & Wireless Optus in Australia and New Zealand New Zealand (zē`lənd), island country (2005 est. pop. 4,035,000), 104,454 sq mi (270,534 sq km), in the S Pacific Ocean, over 1,000 mi (1,600 km) SE of Australia. The capital is Wellington; the largest city and leading port is Auckland. , as well as the recently announced portal with GM, GM TradeXchange, for the automotive industry. "We are very pleased that Corio chose Commerce One as its e-commerce solution for business-to-business transactions," said Kevin Schick, Commerce One vice president of product marketing. "We believe this service will extend the value of e-commerce to more businesses of all sizes so that everyone can take advantage of the tremendous value that e-commerce delivers. Corio has taken a strong leadership role within the ASP Market by delivering best-of-breed applications to the market." Pricing and Availability The Commerce One Solution is available immediately to Corio customers through Corio (www.corio.com). Information on pricing and service options is available through the Corio site. About Corio Corio is the leading enterprise application service provider (ASP) for high growth companies. Corio enables eBusiness by offering an integrated application solution over a secure network for a monthly fee. Corio's integrated suite features BroadVision, Cognos, Commerce One, PeopleSoft and Siebel Systems applications. Customers immediately gain the benefits of a comprehensive eBusiness infrastructure without bringing the associated costs, complexity and IT challenges in house. A privately held company privately held company A firm whose shares are held within a relatively small circle of owners and are not traded publicly. , Corio is headquartered in Redwood City, Calif., with 15 offices across the U.S. Additional information about Corio is available at http://www.corio.com. About Commerce One Commerce One (NASDAQ: CMRC) is a leading provider of electronic commerce solutions that dynamically link buying and supplying organizations into real-time trading communities. The Commerce One Solution(TM), comprising Commerce One BuySite(TM) and Commerce One MarketSite(TM), enables companies to significantly reduce operational costs and increase efficiency by automating the entire indirect goods and services supply chain. As a result, enterprise organizations are able to realize a strategic competitive advantage as well as a rapid return on investment. Commerce One is located in Walnut Creek, Calif., and can be reached by phone at (800) 308-3838 or (925) 941-6000 or via the Internet at http://www.commerceone.com/ or http://www.marketsite.net/. Commerce One, BuySite, BuySite Enterprise Edition, BuySite Hosted Edition and MarketSite are either trademarks or registered trademarks of Commerce One. Other product and company names mentioned herein might be the trademarks of their respective owners. |
|
||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion