Digital River and WebSideStory Partner to Provide Real-Time Analysis of Global E-Commerce Operations.Business Editors & Technology Writers
MINNEAPOLIS & SAN DIEGO--(BUSINESS WIRE)--Aug. 30, 2001
Companies Combine Expertise to Help Clients
Make 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. Site Improvements and Increase Revenues
Digital River, 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 :DRIV DRIV Drive (street type) ), a leading global e-commerce outsource provider, and WebSideStory, Inc., the world's leading provider of outsourced e-business intelligence services, today announced a partnership designed to complement Digital River's existing e-commerce reporting services. Under the agreement, Digital River will offer WebSideStory's real-time 1. real-time - Describes an application which requires a program to respond to stimuli within some small upper limit of response time (typically milli- or microseconds). Process control at a chemical plant is the classic example. e-business intelligence services to its network of more than 8,000 clients. The services will provide Digital River clients with real-time analysis on the behavior of visitors to their e-commerce sites.
Digital River will offer both WebSideStory's HitBox Enterprise, designed for sites with sophisticated needs, and HitBox Professional, designed for small and mid-sized businesses. With HitBox, Digital River's clients will be able to analyze detailed visitor behavior patterns and trends in real-time, including pinpointing where visitors come from, what paths they take through a site, and what editorial content and products they view. The HitBox service requires no additional hardware or software expense and does not drain IT resources. The information is available through any 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 connection.
"We are pleased to announce a best-of-breed technology partnership with WebSideStory," said Digital River's 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. , Joel Ronning. "WebSideStory's HitBox technology enhances the e-commerce reporting capabilities that are at the core of Digital River's commerce system. By using the combined technologies, our clients will have access to more information about visitor behavior patterns on their e-commerce sites -- information that will help them make site improvements and increase online revenues."
Digital River's online reporting tracks e-commerce metrics metrics Managed care A popular term for standards by which the quality of a product, service, or outcome of a particular form of Pt management is evaluated. See TQM. , including average order size, close ratio, product-level sales and e-marketing campaign results. With the HitBox services, Digital River's clients will gain a more in-depth understanding of how to streamline the purchase process, improve marketing campaigns, enhance visitor loyalty, and improve customer service.
"Building an effective and profitable e-commerce presence requires an in-depth understanding of customer behavior," said WebSideStory's CEO, John Hentrich. "With this partnership, Digital River offers their clients the most sophisticated analysis service and advanced data-centric approach to managing and growing their online businesses."
Founded in 1996, WebSideStory is the world's leading provider of outsourced e-business intelligence services. WebSideStory's best-of-breed services are designed to help businesses profit from their Internet presence by providing detailed, real-time information about online visitor behavior. Each month, the company analyzes more than 10 billion of page views for its customers. Upside Upside
The potential dollar amount by which the market or a stock could rise.
This is basically an educated guess on how high a stock could go in the near future.
See also: Bull, Downside Magazine recently recognized WebSideStory as one of the "Hot 100" technology companies for 2001. In July, ASPNews.com honored hon·or
1. High respect, as that shown for special merit; esteem: the honor shown to a Nobel laureate.
a. Good name; reputation.
b. the company as one of the top 20 global ASPs. For more information, contact WebSideStory, Inc. Voice: 858.546.0040. Fax: 858.546.0480. Address: 10182 Telesis Court, 6th Floor, San Diego San Diego (săn dēā`gō), city (1990 pop. 1,110,549), seat of San Diego co., S Calif., on San Diego Bay; inc. 1850. San Diego includes the unincorporated communities of La Jolla and Spring Valley. Coronado is across the bay. , CA 92121. E-mail: firstname.lastname@example.org. Web: www.websidestory.com.
WebSideStory and HitBox are registered service marks of WebSideStory, Inc. Other trademarks belong to their respective owners.
About Digital River
Founded in 1994, Digital River is a leading global e-commerce outsource provider, offering more than 8,000 companies complete e-commerce systems and services. The company's world-class infrastructure and professional services (job) professional services - A department of a supplier providing consultancy and programming manpower for the supplier's products. are proven to grow businesses quickly and profitably while reducing risk. Digital River's commerce services include e-commerce strategy, site development and hosting, order and transaction management, system integration, product fulfillment ful·fill also ful·fil
tr.v. ful·filled, ful·fill·ing, ful·fills also ful·fils
1. To bring into actuality; effect: fulfilled their promises.
2. and returns, e-marketing and customer service. Digital River's clients include Symantec, Fujitsu, 3M, Siemens, Nabisco, Polaris, Novell, Autodesk, SONICblue and Adaptec. For more details about Digital River, visit the corporate Web site at www.digitalriver.com or call 952-253-1234.
Digital River is a registered trademark of Digital River, Inc. All other company and product names are trademarks, registrations or copyrights of their respective owners.