The Sept. 11 attacks and continued fear of cyberterrorism are driving companies to pump one out of every 10 dollars of their 2002 IT budgets into security spending, according to results of new research conducted by Computerworld and J.P. Morgan Securities Inc. in New York.
It's software. It's a process. It's a bunch of Lotus Notes databases strung together.
Two independent business-to-business exchanges, Promedix and Chemdex, were quietly axed by their parent company this week.
Last week's announced merger of oil giants Chevron and Texaco will create the world's fourth-largest energy company.
It also will mean the integration of several electronic-business initiatives now under way at both companies, which together will boast annual revenue of more than $US80 billion.
Oil giants Chevron and Texaco have confirmed their planned $US100 billion merger, which would create the world's fourth-largest energy company.
Astronomical numbers are a mainstay in the business-to-business e-commerce arena. Analysts regularly forecast electronic transactions that will total in the trillions of dollars by 2004. Likewise, virtually every new Internet marketplace promises to bustle with big buyers who represent billions in spending power.
Sounding like a broken record is a common occupational hazard for executives who head up e-business initiatives.
Six of the country's largest wholesale energy trading companies Monday said they plan next Monday to launch a new electronic business-to-business marketplace that will go head-to-head with several other online exchanges in the energy industry, adding to an increasingly crowded market for Internet-based trading of energy supplies.
Ariba Inc. capitalized on the limelight of its user conference in Miami this week by announcing a slew of features and enhancements to its electronic-marketplace software, including integration software that lets users of non-Ariba procurement software access Ariba-powered marketplaces.
Dell Computer Corp. next month plans to launch an electronic business-to-business marketplace that will let its largest corporate customers hone in on Dell's millions of users, employing customized sales pitches.
Dell Computer Corp. today announced it will launch an electronic business-to-business marketplace where its largest corporate customers can sell a variety of branded products and services alongside of Dell's computer products.
Public and industry-sponsored business-to-business marketplaces that boast access to thousands of new buyers and sellers are grabbing all the headlines. But behind the scenes, tens of thousands of companies are opting for private digital exchanges to electronically link a deliberately reduced number of key suppliers.
Ariba Inc. this week released an updated version of its Ariba Buyer electronic-procurement software. Version 7.0 supports seven languages and multiple currencies, including the euro.
Energy conglomerate Conoco Wednesday announced that it has built and deployed a huge Linux-based supercomputer to analyze massive amounts of seismic data gathered in the process of exploring for oil and gas.
Ariba Tuesday will release an updated version of its Ariba Buyer electronic-procurement software. The new version of the software supports seven languages and multiple currencies, including the euro.