IPNet Unveils Second Generation E-Business Product Line.Business Editors & High-Tech Writers NEWPORT BEACH Newport Beach, residential and resort city (1990 pop. 66,643), Orange co., S Calif., on Newport Bay and the Pacific Ocean; inc. 1906. It is a popular seaside resort and yachting center. Manufactures include electrical and medical equipment, computers, boats, and adhesives. , Calif.--(BUSINESS WIRE)--Feb. 18, 2002 Java-Based Enterprise Connectivity and Collaboration Solutions Address Special Requirements of Retail, Health Care, Energy and 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. Industries IPNet Solutions(R) Inc., a leading developer of software that connects Global 2000 companies and their business partners, today announced the availability of its second-generation line of e-business products aimed at simplifying the tasks required to manage a large number of diverse trading partners. BizManager(TM), a line of Java-based transaction delivery and trading community management products, allows Global 2000 companies to securely exchange business transactions, including EDI (Electronic Data Interchange) The electronic communication of business transactions, such as orders, confirmations and invoices, between organizations. Third parties provide EDI services that enable organizations with different equipment to connect. (electronic data interchange See EDI. (application, communications) electronic data interchange - (EDI) The exchange of standardised document forms between computer systems for business use. EDI is part of electronic commerce. ), 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. (extensible markup language See XML. (language, text) Extensible Markup Language - (XML) An initiative from the W3C defining an "extremely simple" dialect of SGML suitable for use on the World-Wide Web. http://w3.org/XML/. ), HL7 (Health Level Seven), HIPAA (Health Insurance Portability & Accountability Act of 1996, Public Law 104-191) Also known as the "Kennedy-Kassebaum Act," this U.S. law protects employees' health insurance coverage when they change or lose their jobs (Title I) and provides standards for patient health, (Health Insurance Portability and Accountability Act The Health Insurance Portability and Accountability Act (HIPAA) was enacted by the U.S. Congress in 1996. According to the Centers for Medicare and Medicaid Services (CMS) website, Title I of HIPAA protects health insurance coverage for workers and their families when ), binary and If two conditions are combined by and, they must both be true for the compound condition to be true as well. Likewise, two bits may be combined with and: x y x AND y 0 0 0 0 1 0 1 0 0 1 1 1 I.e. flat files, with their trading partners. BizCollaborate(TM), a collaborative framework for forecasting supply and demand, optimizes the supply chain by enabling partners to share valuable data. Included in the BizManager product line are vertical-specific transaction management solutions for hub companies in the consumer products, retail and distribution (CPRD CPRD Chehalem Park and Recreation District (Newberg, Oregon) CPRD Corporate Policy and Research Department (PBGC) ), health care, energy and financial services industries. It also includes a horizontal solution See horizontal market software. , which addresses the connectivity requirements of hub companies in a broad set of industries. And to address the needs of smaller partners with limited technology and resources, the BizManager line includes three easy-to-implement transaction-processing alternatives. Consumer Products, Retail and Distribution BizManager(TM) TradeLink(TM) provides a connectivity solution for retail supply chains and their trading partners. By moving business transactions such as purchase orders and invoices via the Internet, retail companies and their suppliers will gain a fast ROI (Return On Investment) The monetary benefits derived from having spent money on developing or revising a system. In the IT world, there are more ways to compute ROI than Carter has liver pills (and for those of you who never heard of that expression, it means a lot). by quickly eliminating value-added network A communications network that provides services beyond normal transmission, such as automatic error detection and correction, protocol conversion and message storing and forwarding. Telenet and Tymnet are examples of value-added networks. (VAN) transaction fees and labor-intensive paper processes. Health Care Because BizManager products support AS1 and AS2 security standards, BizManager(TM) HealthLink(TM) allows payors and providers to securely transact over the Internet, enabling HIPAA compliance. HealthLink also serves as an interfacing engine for health care organizations to integrate disparate health care applications, facilitating the exchange of patient and claims transactions. Energy BizManager(TM) EnergyLink(TM) enables energy companies to become compliant with GISB GISB Gas Industry Standards Board (Gas Industry Standards Board) security standards for trading partners wanting to transmit data electronically. GISB's secure Internet EDI protocol, EDM (Engineering Data Management) An information system that maintains the details of all engineering data while the product is in the design and concept phase. This includes geometry and changes to geometry. See PLM. EDM - Electronic Data Management , has been adopted as a standard by both the gas and electric utility industries. EnergyLink closely follows the GISB EDI/EDM standard specification to ensure interoperability with all existing GISB EDM implementations. Financial Services With support for digital certificates, authentication, encryption, data integrity and non-repudiation, BizManager(TM) FinanceLink(TM) provides financial services organizations with the ability to ensure transactions arrive safely, unaltered and that senders and receivers are who they claim to be. Horizontal Solutions BizManager(TM) BizLink(TM) provides transaction management capabilities to companies outside of CPRD, health care, energy and financial services. By incorporating features required across all verticals, BizLink allows organizations in diverse industries to communicate with trading partners in diverse industries. Tiered Solution Enables 100 Percent Participation BizManager's set of tiered solutions satisfies the connectivity and transport needs for enterprises ranging from large Global 2000 companies to small- and medium-sized (SMEs) suppliers. BizConnect(TM), a Java-based connectivity solution, enables SMEs to connect with large hubs. Because BizConnect shares the core capabilities and product architecture of BizManager, migration is easy should an organization decide to upgrade its solution. Aimed at small trading partners that lack the resources and infrastructure to manage a more robust solution, BizMail(TM) is a Java-based HTTP/s thin-client connectivity solution designed to connect small partners to hub companies in a trading community rollout environment. By leveraging the Java Loading Network Protocol (JLNP), BizMail enables users to download and install the product directly from the hub's Web site with pre-loaded configuration data. BizWeb(TM), 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. offering for the smallest partners currently using paper processes, is custom-developed by IPNet Professional Services (job) professional services - A department of a supplier providing consultancy and programming manpower for the supplier's products. and requires no software for the trading partner to install. "A trading hub becomes increasingly competitive as the number of trading partners that can connect to it grows," said Hollis Bischoff, vice president, Electronic Business Strategies, META Group. "Large enterprises can invest in sophisticated integration solutions. However, the bulk of trading communities consists of companies with limited technology and funding to implement EDI. The solution provider that addresses the entire community solves this problem." Once connected using BizManager, BizCollaborate(TM) further improves benefits and synchronizes supply chain planning. It does this by automating the sharing of supply and demand information between strategic business partners, noting exceptions for quick resolution. Risk-Free Migration at Your Own Pace With support for leading Internet standards including AS1, AS2 and EDI-INT, legacy EDI standards and multiple XML initiatives, the BizManager line of products provides risk-free migration for organizations looking to make a paced transition. "Many large enterprises rely on EDI to exchange business transactions with their trading partners, but have plans to implement an XML solution using major Internet transport and security protocols. However, the transition from EDI to XML is a major step that requires careful planning and implementation," said Ted Smykla, senior vice president of products, IPNet. "IPNet transport and connectivity solutions fully support both EDI and XML standards, providing a non-disruptive transition based on our customers' needs and resources. With BizManager, companies can actually leverage their existing EDI investments. With support for legacy EDI, Internet and XML standards, BizManager allows companies to migrate to the Internet and XML technologies at their own pace." Key Features and Capabilities Additional features and capabilities include end-to-end transaction auditing and tracking; many-to-many and party hierarchy support; distributed administration; a cost-effective transaction mailbox; and, an extensible agent framework, in addition to others. With end-to-end transaction auditing, BizManager stores and presents documents and audit records for auditing and tracking. This enables administrators to quickly retrieve and track all transactions with detailed information needed for non-repudiation. Many-to-many partner interaction support allows trading partners to exchange business transactions with other partners in their hub's community. In addition, companies can delegate administrative tasks among multiple users through the distributed administration function within BizManager. A cost-effective transaction mailbox provides smaller trading partners with a zero-footprint solution that allows them to upload and download transactions via HTTP/s. And finally, BizManager's extensible agent framework eases ERP (Enterprise Resource Planning) An integrated information system that serves all departments within an enterprise. Evolving out of the manufacturing industry, ERP implies the use of packaged software rather than proprietary software written by or for one customer. integration and extends product lifecycles by allowing additional agents to be developed. The entire line of BizManager products will be available in late February 2002. About IPNet Solutions IPNet Solutions provides software that connects Global 2000 companies and their business partners. Its flexible and secure solutions support leading Internet standards, XML and legacy EDI systems. IPNet allows business partners of any size to participate in 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 initiatives by offering server, PC, Java-client and browser options for data exchange. Its patented technology helps companies migrate risk-free from legacy systems to the Internet. Industry recognition includes Computerworld's "Top 100 Emerging Companies to Watch in 2001," Managing Automation's "25 Emerging Companies to Watch," American Electronics Association's "Best Innovative New Product/Technology," iSource's "Top 100 Premier E-Procurement Providers" and RIS RIS rabies inhibiting substance. News' "Top 10 Emerging Leaders." More information about the company can be found at www.ipnetsolutions.com or 866/476-3848 (866/IPNET4U). |
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