Web services study focuses on business applications
PALO ALTO, California (January 6, 2003) -- The Open Network for Commerce Exchange (ONCE), the world's largest alliance of electronic trading networks, has been awarded a Next Generation Internet (NGI) Program grant by CommerceNet and the California Technology, Trade and Commerce Agency's Division of Science, Technology and Innovation to research the business implications of Web services.
The project will be conducted in close cooperation with CommerceNet, a consortium that catalyzes, advocates, and invests in the next-generation business Internet.
The NGI Program funds projects with a widespread economic and societal impact and helps stimulate California's economy by identifying, supporting, and funding companies and organizations that drive the build-out of the next-generation Internet. The goal of the Web services project is to evaluate Web services technology as a solution to some of today’s business challenges in business-to-business commerce, including trading partner management and service syndication. "We are very pleased to partner with CommerceNet and the NGI Program to conduct this evaluation and pilot project," said Kerry Lamson, Chief Executive Officer of ONCE. "Companies are skeptical of any new technology until proven successful. This is an opportunity to assess the state of the market and educate business executives about what is really possible and when." The collaborative project includes two key phases and an investment of approximately $150,000. The first phase includes development and execution of a study highlighting important business issues and best practices surrounding trading partner management and the current state of Web services applications and tools from existing and emerging vendors. The study will also profile key B2B process priorities, any services currently being used by companies and the planned capabilities of e-marketplaces (both public and private), technology vendors and service providers to use Web services to meet these priorities. The second phase is a one-day Executive Summit in early March 2003 that will offer top business executives, academia, legislators and thought leaders the opportunity to engage in practical discussion and education on the business value of Web services for connecting to and promoting wide syndication of services between trading partners. Conference content will include roundtable discussions, user presentations and pilot demonstrations on the topic "Business Realities of Web Services." A sample of discussion topics includes: Web Services – Early Warning Signs, Are You Ready For Web Services?, Pioneering Applications Using Web Services, and Top Ten Business Needs. The Open Network for Commerce Exchange (ONCE) is a global, not-for-profit organization devoted to the development and growth of business-to-business electronic trade. Its members constitute the largest alliance of electronic trading networks, customers, suppliers, services and technology companies in the world working to provide a global platform for interoperability. ONCE participates in debates on business practices and technical standards affecting exchange-based trading; develops and hosts educational forums that improve cultural, technical and business differences; and provides industry research and statistical information on the regulatory issues that shape international trade policy. The organization was formerly known as the Global Trading Web Association (GTWA). For more information, visit www.connect-once.com. Trade-Ranger to add services through NetworkOil HOUSTON (June 6, 2001) -- Trade-Ranger and NetworkOil have signed an agreement that gives Trade-Ranger access to a number of services from NetworkOil, which offers both online and traditional marketplace options. 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