This 12 page paper explores business to business (B2B) transactions on the Internet, and argues that the potential is there for both great success and terrible failure. The writer uses Covisint as an example of a company that seems poised to achieve great success; it is described as a "global independent eBusiness exchange for the automotive industry." The company's idea is to reduce suppliers' needs to deal with a number of systems in order to supply each of its car manufacturers. The concept seems sound but the writer argues that it is too soon to determine what the long-term impact will be. There are 8 sources listed in the bibliography.
Name of Research Paper File: D0_BWb2b.rtf
Unformatted Sample Text from the Research Paper:
success and huge failure. The past decade has seen an explosion in the potential for the Internet to serve as an additional channel or means to enhance information transfer in
realms ranging from banking to manufacturing. For example, the banking industry is one of the leaders in the process and presents the concerns of security and fraud which, not
surprisingly, most concerns all financial institutions, as well as consumers. The student researching this project will find that asynchronous transfer mode, changes in the international standards for computer networking and
Internet all have had and will continue to have a significant impact on the future of electronic data interchange and allowing the framework by which it can become a truly
ubiquitous tool in modern business. In addition, various concerns regarding the process are presented, as well as future technological possibilities. For example, the electronic data interchange (EDI) system and the
Internet have melded in a manner that allows retailers and suppliers to transfer data to their partners. Instead of choosing between one or the other for the transmission of business
data, industry partners can send EDI sets on the Internet and reduce costs while increasing transmission efficiency. The implications in terms of business to business transactions is truly remarkable. It
is not too bold a statement to say that the use of the Internet in business to business applications has the very real potential to be nearly as staggering as
the introduction of computers themselves to the workplace. Covisint Covisint describes itself at its website a: "global independent eBusiness exchange for the automotive industry" (Internet source). The student will be
able to find a great deal of information about the companys philosophy and market expectations at the site -- www.covisint. com. For example, the company also notes that it