The Tesla Group Extends the Promise of E-Business Success To the Mid-Sized Enterprise; New Holding Company to Be Led by John Stuart.WEST CHESTER West Chester, borough (1990 pop. 18,041), seat of Chester co., SE Pa., W of Philadelphia; inc. 1799. Primarily residential, West Chester was long the trade and processing center for an agricultural region that is now mainly suburbs. , Pa.--(BUSINESS WIRE)--Nov. 17, 1999-- An accomplished team of e-business experts today announced the formation of The Tesla Group, an e-business services holding company. The Tesla Group has invested in and will continue to acquire interest in local service providers specializing in various phases of the E-Business Lifecycle (e-business strategy, design, implementation and operations) for mid-sized enterprises. "We see a tremendous gap in the services available to mid-sized companies looking to compete in the Internet economy The Internet Economy refers to conducting business through markets whose infrastructure is based on the Internet and World-Wide Web. An Internet economy differs from a traditional economy in a number of ways, including: communication, market segmentation, distribution costs, and price. ," said John Stuart The name John Stuart can refer to:
An E-Business Partner Network The Tesla Group functions as a parent to the local service providers that make up its E-Business Partner Network. Providing capital, strategy and management support, Tesla sets standards of quality for its partner companies and handles their non-core business activities so they can focus on client projects. Additionally, The Tesla Group's E-Business Partner Network fosters cooperation among partners with complementary expertise creating a highly responsive E-Business Lifecycle team experienced in the needs of mid-sized projects. "Mid-sized companies have been left in the dark when it comes to launching and maintaining e-business projects. With limited IT budgets and recruiting capabilities, finding quality, affordable e-business support has been impossible. The Tesla Group and our E-Business Partner Network fill that gap," added Stuart. The E-Business Lifecycle The E-Business Lifecycle begins with strategic business consultation, spans IT assessment and design development as well as implementation and integration of an e-business project, and includes ongoing platform operation services. Outsourcing the creation of an e-business capability requires the efforts of partners who provide strategy, design, implementation and operations: the four Lifecycle services. Tesla's E-Business Partner companies specialize in one or more stages of the E-Business Lifecycle and are actively engaged with Tesla's complementary companies to make the whole lifecycle available to their customers. This ensures that the strategy is plausible, the design can be implemented and all pieces can be successfully operated and continuously improved. Tesla Group E-Business Partners Strategy Design Implementation Operations The -------- Consulting Integration -IPOC E-Business ---------- -------------- ---------- Lifecycle ----------- The Tesla Group is comprised of local service providers already well established in their respective areas of expertise. A sampling of The Tesla Group's E-Business Partner Network includes: IT Design Consulting The Tesla Group is actively engaged in acquiring IT design firms with various specialties and vertical markets. There are also strategic partnerships in place with leading information services See Information Systems. firms to ensure that Tesla's clients have access to the right design expertise, from database architecture to transition management. Implementation/Integration StorNet, Inc. (http://www.stornet.com) An $80 million systems integration company with 12 offices nationwide, StorNet has been involved in the implementation and integration of some of the largest Internet sites today including: -- CDnow: Internet Operations Infrastructure -- Hotmail: Storage Management infrastructure -- Inktomi: Systems Architecture -- Oracle: Storage Management -- Charles Schwab Charles Schwab can refer to:
Operations -- Internet Platform Operations Centers The facility or location on an installation, base, or facility used by the commander to command, control, and coordinate all crisis activities. See also base defense operations center; command center. (IPOC IPOC Interim Policy Oversight Committee IPOC Integrated Proceeds of Crime (Royal Canadian Mounted Police) IPOC Iowa Procurement Outreach Center IPOC Initial Point Of Contact (Sprint) ) E-Facilities (http://www.e-facilities.net) E-Facilities is a unique blend of people, technology and processes required to run the back office of the Internet economy. The company provides their customers with a new and intelligent approach to co-location facilities See telecom hotel. and managed data services/platform operations. More powerful than a Web hosting Making a Web site available on the Internet. Many ISPs host a few personal Web pages for an individual at no additional cost above the monthly service fee, but the address is subordinate to the ISP; for example, www.friendlyisp.com/pat_smith. arrangement, E-Facilities offers their customers a powerful solution, Internet Platforms Operations Center (IPOC), for monitoring, managing and growing their e-business. The IPOC methodology delivers the performance, availability, scalability and security that a business needs to succeed in the Internet economy. The Management Team The Tesla Group is led by John Stuart, Chief Executive Officer, the former CEO and Chairman of IKON Office Solutions IKON Office Solutions (NYSE: IKN) is a Fortune 500 company based in Malvern, Pennsylvania. Formerly part of ALCO Standard. IKON integrates copy machines and fax systems to assist businesses. , an NYSE-listed company with revenues in excess of $5 billion and operations in US, Mexico, Canada and several European countries. Michael J. Phelan, president of the Tesla Group, is president and founder of StorNet, Inc., a Tesla Company. About The Tesla Group The Tesla Group is an e-business services holding company that is devoted to helping mid-sized companies participate in the new Internet See Web 2.0 and Internet2. economy. The Tesla Group functions as a parent to the local service providers that make up its E-Business Partner Network. Providing capital, strategy and management support, Tesla sets standards of quality for its partner companies and handles their non-core business activities so they can focus on client projects. Tesla Group companies include StorNet, a national system integrator, and E-Facilities, a next-generation Web hosting company. The Tesla Group is 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. based in West Chester, Pennsylvania The Borough of West Chester is the county seat of Chester County, Pennsylvania.GR6 Philadelphia is 25 miles to the east and Wilmington 17 miles to the south. . |
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