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Event
Summary
PARIS (BUSINESS WIRE) - Internet Super Carrier PSINet (NASDAQ:PSIX) and
Hewlett-Packard Company (NYSE:HWP) announced they will offer hosted, business-class
messaging and collaboration e-services. The announcement was made at E-Services
World. The new Global Enterprise Messaging Service (GEMS) is scheduled
to be available from the end of March from all of PSINet's major European
offices and will be extended throughout the world later this year.
Market
Impact
While
HP OpenMail may have a healthy user base in Europe, the same is not true
within the United States. Within the Fortune 1000 companies, 80% have
either Lotus Notes or Microsoft Exchange as their primary collaborative
messaging system, with another 10% using Novell GroupWise and the remaining
10% sharing a splattering of HP's OpenMail and various flavors of POP
servers such as Netscape and Sendmail.
The
reason why Europe is the launch site for GEMS is obvious, the service
level demand for the archaic collaborative messaging system is ever-present
(So is IBM's OS/2 Warp).
The
joint European venture for PSINet and Hewlett-Packard makes a great deal
of sense. PSINet will provide the hosting, security, and bandwidth, while
HP will provide software and all related consulting services. We expect
the plan to be a moderate success in Europe, however we have no expectations
of success within the United States. Moreover, we believe the offering
may never make it to the US due to lack of demand (Probability 75%) .
User
Recommendations
If
you are a European customer presently using HP's OpenMail product and
are looking for an outsourcing solution, we believe you have found it.
PSINet is a solid service provider, who, when coupled with HP software
and consulting services should shine as an OpenMail Application Service
Provider (ASP).
PSINet
is only one of the many service providers ready to host your outsourced
messaging. Before selecting the PSINet-HP service messaging offering,
make sure you factor product functionality and technology into your decision
along with product cost. You may find that although PSINet and HP's offering
is a good one. However, there may be yet a better one to suit your wallet
and corporate messaging needs.