Thursday, June 8, 2000
fesub.gif (4328 bytes)
Full Story
 Intel IT update
fe.gif (834 bytes)
India's first e-business paper
flnews.gif (5153 bytes)
Search FE
-
Download
BSE Quotes
NSE Quotes
-
Think Tank
This week we focus on a complete analysis of the
rupee convertibility industry
-
 

Infosys to offer solutions for B2B mart 

 
Bangalore, June 7: Infosys Technologies Ltd and preis24.com have entered into a B2B e-commerce alliance to develop solutions for lowering procurement costs and deriving new revenue opportunities for customers, according to a press release issued here. The preis24.com marketplace will provide buyers and sellers of all types of office equipment, consumables, support services and telecom equipment a single, convenient point to connect with each other, transact, and better manage their supply chain.

According to Infosys principal consultant (enterprise systems) CN Raghupathi, the company would provide preis24.com with its expertise in complex integration projects. In addition, Infosys will provide preis24.com not only with its global delivery model, but also the scalability and flexibility preis24.com needs through its time-boxing model, a methodology for delivering rapid functionality to the business. The site has been focused on increased economies of scale and streamlined purchasing processes. The process has been completely integrated with the customer's ERP, connecting each department and each purchasing individual.

The site forms the basis of a comprehensive B2B e-commerce solution for suppliers and buyers. In the European Union B2B e-commerce will be worth $1.27 trillion in 2004, up from $76 billion this year, and B2B online marketplaces or industry hubs will become increasingly dominant, accounting for 32 per cent of all B2B trade, or $408 billion by 2004, according to Durlacher Corporation, a leading investment & securities group.

Copyright © 2000 Indian Express Newspapers (Bombay) Ltd.

- Lead Stories | Corporate | Infrastructure | Commodities | Economy/Finance | BSE Today | NSE/ Markets | Strategy | Convergence | After Hours top.gif (150 bytes)Top
flame.jpg (1068 bytes) © Copyright 1999: Indian Express Newspaper(Bombay) Ltd. All rights reserved throughout the world.
This entire edition is compiled in Mumbai by The Indian Express Online Media Limited, a division of
The Indian Express Group of Newspapers. Managed by The Indian Express Online Media Limited and hosted by CerfNet.