Edifecs Selected by GE Global eXchange Services to Provide Trading-Partner Enablement Solution.
Business Editors/Technology Writers
BELLEVUE, Wash.--(BUSINESS WIRE)--Nov. 7, 2000
Edifecs (www.edifecs.com) today announced that GE Global eXchange Services (GXS GXS Global Exchange Services (GE)
GXS Gun X Sword (anime) ) has licensed the Edifecs CommerceDesk(TM) trading-partner enablement solution.
GXS will be incorporating the capabilities of Edifecs CommerceDesk into its portfolio of 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 transaction services.
Edifecs CommerceDesk is designed to help GXS's customers use the Web to accomplish tasks required in preparation for online exchange of business documents. These tasks include trading partner registration, posting of program information, reporting and compliance testing. The complexity of preparing for online trading Online Trading
Making trades via the Internet.
The use of online trading increased dramatically in the mid to late 1990's with the advent of high-speed computers and Internet connections. Stocks, bonds, options, futures, and currencies can all be traded online. is a significant roadblock affecting the adoption of supply chain e-commerce technology, especially by smaller companies. Removing this roadblock will make it easier for smaller companies to join the online trading partner networks of the large corporations with which they do business.
"Companies are now realizing that B2B e-commerce (Business to Business Electronic-COMMERCE) Refers to one business selling to another business via the Web. See e-commerce. only works if you can build a community," said Otto Kumbar, Vice President of Interchange Solutions at GE Global eXchange Services. "Our Net Community Manager offering, built on Edifecs CommerceDesk, is key to any successful B2B community."
GXS's implementation of Edifecs CommerceDesk was recently selected as a finalist for an EC*CO (Electronic Commerce Community Ovation) Award in Innovative Supply Chain Management at the Electronic Commerce World show in Orlando, Florida The city of Orlando is a major city in central Florida and is the county seat of Orange County, Florida. According to the 2000 census, the city population was 185,951. A 2006 U.S. .
"GXS's licensing of Edifecs CommerceDesk allows the company to take advantage of our unique approach to online trading-partner enablement," said Edifecs 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. Sunny Singh. "We're very proud that a such a global leader turned to Edifecs to become a key technology provider to its overall community-management solution."
Edifecs (www.edifecs.com) is dedicated to expediting business-to-business e-commerce through two primary product lines: its CommerceDesk partner-enablement system, designed to automate and accelerate the deployment of trading networks, and its Business Collaboration Services, which optimize value-net business models by providing collaboration-modeling services to supply-chain partnerships. Founded in 1996, Edifecs serves an installed base of more than 1,000 customers including Boeing, Microsoft, IBM (International Business Machines Corporation, Armonk, NY, www.ibm.com) The world's largest computer company. IBM's product lines include the S/390 mainframes (zSeries), AS/400 midrange business systems (iSeries), RS/6000 workstations and servers (pSeries), Intel-based servers (xSeries) , Gillette, Eastman Kodak, Sony, Barnes & Noble, and Dura Automotive. The company partners with numerous B2B providers such as GE Global eXchange Services, iPlanet and Sterling Commerce, and is a technology-solution partner for more than 30 industry consortia including RosettaNet, CompTIA, and the Supply Chain Council. Based in Bellevue, Washington, Edifecs is privately held, with investment from GE Global eXchange Services.
About GE Global eXchange Services
GE Global eXchange Services (GXS) operates one of the largest B2B e-commerce networks in the world, with more than 100,000 trading partners. The network's 1 billion annual transactions account for $1 trillion in 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 a presence in 58 countries, GXS applies Six Sigma quality processes to provide e-commerce solutions that help businesses around the globe remove costs from their supply chains. GE Global eXchange Services is a part of GE Information Services (networking, company) GE Information Services - One of the leading on-line services, started on 1st October 1985, providing subscribers with hundreds of special interest areas, computer hardware and software support, award-winning multi-player games, the most software files in the , Inc., a wholly owned subsidiary Wholly Owned Subsidiary
A subsidiary whose parent company owns 100% of its common stock.
In other words, the parent company owns the company outright and there are no minority owners. of the General Electric Company, USA, and is headquartered in Gaithersburg, Maryland. 800/560-4347. Visit our Web site at www.gegxs.com.
Edifecs and CommerceDesk are registered trademarks of Edifecs. All other company and product names are the property of their respective owners.