GXS to Connect Industry Leaders to Global Trading Community
RosettaNet Global Partner Conference, Beijing — April 20, 2005 — GXS, a leading provider of business-to-business (B2B) e-commerce solutions, and RosettaNet today announced that GXS demonstrated production readiness for RosettaNet's Automated Enablement (RAE) program.
The RAE program is creating the RosettaNet standards that reduce costs and accelerate the time needed to enable an e-business relationship. RosettaNet is the technology industry’s leading consortium, working to create and implement industry-wide, e-business process standards. Intel Corporation has been instrumental in successfully deploying RosettaNet standards to trading partners around the world.
“RosettaNet standards are seamless to the company or person using them, but they vastly improve a company's business processes,” said John Cartwright, product manager, manufacturing and product information at Intel Corporation. “It enables suppliers and customers to easily automate supply chain tasks such as collaborative demand forecasting, order management, shipping and receiving logistics, invoicing and payments. This translates into significant increases in operational efficiencies when multiplied across the supply chain.”
GXS’ RAE capability will allow suppliers without internal RosettaNet capabilities, or with intermittent connectivity, to successfully trade with larger or more enabled partners. This will automate the exchange of information between trading partners of all sizes, lowering the complexity level, time strain and costs associated with initiating a production trading relationship. By using a standardized B2B transaction process, companies can reduce costs, respond to customer requests quicker and make the supply chain more efficient.
“GXS is playing an instrumental role in the development and proliferation of RosettaNet standards. By participating in the pilot for RAE, GXS is demonstrating its commitment to its customers to stay on the cutting-edge of standards development and ease the complexity of trading relationships,” said Herman Stiphout, president of RosettaNet. “By embracing and advancing RosettaNet standards, GXS is putting smaller suppliers on par with larger enterprises in the supply chain. We applaud GXS’ leadership in the RAE program.”
RosettaNet standards provide a common, global e-business language that aligns processes between trading partners. They enable seamless and secure, real-time B2B transactions through system-to-system integration between customers and trading partners. One key advantage of RosettaNet standards is the ability to build reusable interfaces throughout an industry characterized by multiple trading partners.
This service will be offered by GXS as part of the Trading GridSM, GXS’ global integration platform that enables and streamlines cross-enterprise business processes. GXS’ RAE capability is another benefit offered through the Trading Grid and is available to enable trading using RosettaNet standards at low cost.
“An effective, efficient supply chain is crucial to business success in any industry. Recognizing that, GXS is committed to supporting and advancing a variety of e-commerce standards and technologies including RosettaNet,” said David Kraemer, vice president of high tech industry marketing at GXS. “Our RAE capability brings the benefits of B2B automation to small and medium sized businesses and levels the playing field between them and larger enterprises that already are RosettaNet-enabled. This capability also further builds upon the benefits of GXS’ Trading Grid, ensuring that customers, large and small, have best-of-breed supply chain support."
Trading Grid is the world’s largest electronic business community, used by more than 30,000 trading partners every day to exchange goods and services. As a services-oriented architecture business-to-business platform, Trading Grid helps customers automate global trading communities by shielding complexity from rapidly changing standards, eliminating manual and duplicative efforts and enabling a new level of process integration and business intelligence.
About Intel Corporation
Intel, the world's largest chip maker, is also a leading manufacturer of computer, networking and communications products. Additional information about Intel is available at www.intel.com/pressroom.
RosettaNet is a non-profit consortium dedicated to the collaborative development and rapid deployment of open, Internet-based business standards that align processes within the global trading network. More than 500 multinational and regional companies in the computer and consumer electronics, electronic components, logistics, semiconductor manufacturing and telecommunications industries participate in RosettaNet’s strategic standards and services development. Fortune 1000 companies worldwide have implemented RosettaNet standards, conducting B2B operations that value billions in annual revenues.
RosettaNet is one of the industry's most ambitious standards implementation efforts, the consortium has established several regional affiliate organizations - in the Americas, Australia, China, Europe, Japan, Korea, Malaysia, Philippines, Singapore and Taiwan - giving voice to various business economies seeking to adopt and influence RosettaNet's global standards. Information on RosettaNet’s worldwide activities, including a complete list of member companies and participating organizations, is available at www.rosettanet.org. RosettaNet is a subsidiary of the Uniform Code Council, Inc. ® (UCC®).
GXS (Global eXchange Services) is a leading worldwide provider of B2B e-commerce solutions that simplify and enhance business process integration and collaboration. Organizations worldwide, including over half of the Fortune 500, leverage the GXS Trading GridSM to achieve the perfect balance of supply and demand. Active in the global standards arena, GXS solutions enable customers both large and small, to connect with global partners, synchronize product information, optimize inventory levels and demand forecasts, and accelerate the execution of supply chains.
Headquartered in Gaithersburg, Md., GXS provides sales and support to businesses and their partners worldwide. For more information visit our Web site at www.gxs.com.
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