Printer Friendly
The Free Library
22,725,466 articles and books

Gartner Says Three e-Marketplace Models Will Control the B2B Market by 2005.



Business Editors

BOSTON--(BUSINESS WIRE)--Nov. 6, 2000

Analysts Examine the Future of Online Marketplaces

and Exchanges During Gartner's 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
 eMarketplaces Conference

Business-to-business (B2B) e-marketplace functionality and participation are currently limited, but by 2005, more than 500,000 companies will be participating in e-marketplaces as buyers and/or sellers, according to according to
prep.
1. As stated or indicated by; on the authority of: according to historians.

2. In keeping with: according to instructions.

3.
 Gartner Group (company) Gartner Group - One of the biggest IT industry research firms.

Address: Connecticut, USA.
, Inc. (NYSE NYSE

See: New York Stock Exchange
:IT)(NYSE:ITB ITB Invitation To Bid
ITB In The Beginning
ITB Internationale Tourismusbörse (German)
ITB In The Business (aka in the business service industry)
ITB Intrathecal Baclofen Therapy
). These findings were presented today during Gartner's B2B eMarketplaces conference, which is taking place through November 8th in Boston, Massachusetts “Boston” redirects here. For other uses, see Boston (disambiguation).
Boston is the capital and most populous city of Massachusetts.[3] The largest city in New England, Boston is considered the unofficial economic and cultural center of the entire New
.

The developers and managers of B2B marketplaces, called e-market makers, have begun to attract large numbers of buyers and have begun to use the buyers' market power to attract sellers. The long-term effects of these new entrants in markets are yet unproven, but it is expected that benefits from their presence will far outweigh the costs.

"Independent e-market makers will help sellers increase the size of their markets by investing heavily in branding, as well as helping buyers meet their needs by attracting large numbers of sellers," said Barbara Reilly, vice-president and research director for Gartner. "Most importantly Adv. 1. most importantly - above and beyond all other consideration; "above all, you must be independent"
above all, most especially
, independent e-market makers will manage massive quantities of supply and demand data and help foster the distribution of near-perfect information to buyers and sellers."

e-marketplaces are generally limited to spot buys, excess product sales and indirect procurement. As marketplaces mature, they will begin to mediate larger sets of buyer supplier relationships. Marketplaces will be forced to constrain their focus, producing an environment populated by three unique varieties of marketplaces:

The commodity marketplace - This marketplace will support high-volume trade of products and services of commodity or near-commodity status, as well as financial instruments such as futures contracts.

Business service marketplaces - These marketplaces will be focused on supporting specific inter-enterprise processes, such as those related to logistics, financial services The examples and perspective in this article or section may not represent a worldwide view of the subject.
Please [ improve this article] or discuss the issue on the talk page.
, and maintenance, repair and operations Maintenance management or Maintenance, (MRO'), is fixing any sort of mechanical or electrical device should it become out of order or broken (repair) as well as performing the routine actions which keep the device in working order (maintenance) or prevent trouble  (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.
) procurement.

Integration service marketplaces - This market will emerge with a focus on linkages and process definitions between trading partners to facilitate process-to-process integration.

"Individual marketplaces will find it increasingly difficult to support broad sets of commerce capabilities required to sustain relationships of differing intensity and duration," Ms. Reilly said. "Marketplaces will have to align themselves strategically with business services partners as well as technology partners."

Marketplaces will find themselves taking on the role of the traditional distributor as well as an application service provider (ASP). With business process efficiency comes added value Added value in financial analysis of shares is to be distinguished from value added. Used as a measure of shareholder value, calculated using the formula:

Added Value = Sales - Purchases - Labour Costs - Capital Costs
 and traditional customer responsibility. Marketplaces must take on the customer relationship management (CRM (Customer Relationship Management) An integrated information system that is used to plan, schedule and control the presales and postsales activities in an organization. ) initiatives that traditional brick-and-mortar organizations struggle with today through other channels outside of their internet initiatives.

Additional research and analysis on the B2B market is available to subscribers of Gartner's e-Business Services. These programs are part of wide range of Gartner services examining the e-business industry. These programs are designed to help senior executives, strategic planners and investors capitalize on Cap´i`tal`ize on`   

v. t. 1. To turn (an opportunity) to one's advantage; to take advantage of (a situation); to profit from; as, to capitalize on an opponent's mistakes s>.
 emerging opportunities by providing research and analysis on electronic commerce and Internet marketplaces. Additional information on these programs is available on Gartner's Web site at www.gartner.com/public/static/home/ggebiz.html. To purchase a specific document or subscribe to these services, please call 800/419-DATA or 408/468-8009.

About Gartner

Gartner provides unrivaled thought leadership for more than 10,000 organizations, helping clients to achieve their business objectives through the intelligent and efficient use of technology. Additionally, Gartner helps technology companies identify and maximize technology market opportunities. Gartner's technology content and strong brand reach IT professionals globally through Gartner Research, its research and advisory unit; Gartner Services, its custom consulting unit; Gartner Events, including Gartner's renowned Symposia; and, at www.gartner.com. Gartner subsidiary TechRepublic, Inc. (www.techrepublic.com) is the leading online destination developed exclusively for IT professionals by IT professionals. Gartner, founded in 1979 and headquartered in Stamford, Connecticut, achieved fiscal 2000 revenue of $859 million. Gartner's 4,300 associates, including 1,400 research analysts and consultants, are in more than 80 locations worldwide. For more information about Gartner's industry-leading products and services, please visit us on the Web at www.gartner.com.
COPYRIGHT 2000 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2000, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

 Reader Opinion

Title:

Comment:



 

Article Details
Printer friendly Cite/link Email Feedback
Publication:Business Wire
Date:Nov 6, 2000
Words:661
Previous Article:DVC Group and Lake Capital Partner for Strategic and International Growth.
Next Article:Viva Announces $17.3 Million Strategic Investment Led By Apartment REIT Consortium.
Topics:



Related Articles
REDEO Partners with B2B e-Commerce Leader Clarus Corporation to Provide Global Settlement Solution for Net Market Makers.
Gartner Predicts the Dominance of Three E-Marketplace Business Models.
@TheMoment and Consolidated Commerce Team to Provide Dynamic Supply Chain Optimization to Digital Marketplaces.
Gartner Says North American B2B E-Market Maker Revenue Grew 171 Percent in 1999; Gartner Conference to Discuss the Future of Online Marketplaces and...
Future of Online Marketplaces and Exchanges To Be Discussed at Gartner's B2B eMarketplaces Conference; Conference to Take Place November 6-8 in...
Gartner's B2B eMarketplaces Conference Sold Out.
[0] Gartner's B2B eMarketplaces Conference Sold Out.
Gartner Says Asia/Pacific and Europe to Account for Nearly Half of Worldwide B2B Internet Commerce Transactions by 2005.
Growth Spurt Forecast for B2B.
emarketplaces to boom in Europe. (E-Commerce News).

Terms of use | Copyright © 2014 Farlex, Inc. | Feedback | For webmasters