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» Market Facts
The business-to-business marketplace
The worldwide market for business-to-business eCommerce is expected to grow to more
than $8 trillion by the year 2005.
Business-to-business eCommerce presents a tremendous
opportunity to reduce costs, reap a significant and sustainable ROI, and gain competitive
advantage.
It is estimated that the cost of traditional paper-based procurement
transactions ranges from US$75 to US$175, often exceeding the cost of the items being
purchased.
New business-to-business eCommerce solutions lower the cost of doing business for
both
buying and selling organizations, as they automate business processes and allow for more
efficient contract negotiation.
Ariba, Inc. is the largest, most interoperable
business-to-business ecosystem. Ariba's
global community of interconnected buyers, suppliers, and marketplaces creates a powerful
network effect.
Adopting business-to-business eCommerce is no longer an option. It is an
imperative.
Advertising Contact Information
Jeffrey S. Berman, Publisher
Phone: 215-345-4525 x119
Fax: 215-345-0187
E-mail: jberman@aribamag.com
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