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 ges epix


GE Comes to Lunch. Want to Guess Who the Appetizer Will Be?
General Electric announced the effective slicing of its General Electric Information Services company into two new business units to focus on E-commerce. The

ges epix  the creation of trading exchanges. Market Impact This is not a simple case of a clicks-and-mortar company suddenly deciding that the future is in E-commerce. General Electric has been setting this table for a while. GEIS was a pioneer in creating trading exchanges based on the EDI standard, and has been a strong participant in XML standardization efforts, including CommerceNet's and Microsoft's. GEIS' Trading Process Network was an early E-procurement experiment. Also, early in 1999 GEIS entered into a

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Software Functionality Revealed in Detail

We’ve opened the hood on every major category of enterprise software. Learn about thousands of features and functions, and how enterprise software really works.

Get free sample report
Compare Software Solutions

Visit the TEC store to compare leading software by functionality, so that you can make accurate and informed software purchasing decisions.

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Documents related to » ges epix

GE GXS: Part and Parcel of B2B Exchange


General Electric’s GXS provides the infrastructure for a new digital marketplace. The announcement sheds light on the possibility that GXS can leverage its traditional infrastructure business into a lead position within the new economy.

ges epix  a purchase order and arranges for shipping. Payment is not released to the seller until the expiration of a five-day buyer inspection period. GE Global eXchange Services (GXS), the successor to GE's information services unit GEIS (see GE Comes to Lunch. Want to Guess Who the Appetizer Will Be? ) provides infrastructure and services to this venture. In particular, GXS is responsible for integration between the exchange and the enterprise systems of the members, including financial and CRM systems, and for Read More

Commerce One Goes High, Wide and PeopleSoft


E-procurement powerhouse Commerce One creates business-to-business marketplaces in Canada and Latin America It has also launched a phalanx of portals in partnership with PeopleSoft.

ges epix  with GUESS? Inc. (NYSE: GES). The arrangement with GUESS? will be laid out in three stages, of which only the last will be open to members of the textile and apparel industries that are not in the GUESS? supply chain. The GUESS? MarketSite portal is a partnership with ERP vendor PeopleSoft (NASDAQ: PSFT), who is also partnering with CommerceOne to create both an E-procurement capability for Pepsi General and a module that will enable any of the ERP vendor's customers to build E-procurement capabilities Read More

Navigating Global Trade Waters


Vastera has gradually migrated to become more of a services company than a mere enterprise software provider. Over the last few years it has grown its global trade know-how, consulting practice, and managed services division.

ges epix  Services customers, its two largest customers, supplied 69 percent of Managed Services revenues in 2003. Specifically, its Managed Service agreement with Ford included the administration, automation, and management of Ford's global trade import operations in the US, which will be in effect until August 2005. This relationship has expanded to include the administration and management Ford's global trade import operations in Mexico, Canada, the UK, Spain, Belgium, and Germany. These agreements provide Read More

Solve the Succession Crisis by Growing “Inside-outside” Leaders


Strong evidence supports the notion that a well-groomed insider is a key to sustained company performance. In an analysis of 1,800 successions, company performance was significantly better when insiders succeeded to the job of chief executive officer (CEO). Learn why CEO choice matters—and how you can work toward better corporate succession planning by choosing a high-potential executive from within your company.

ges epix  to your boss, also suggest solutions. Cultivate a group of senior-manager friends who back your ideas with resources. Broaden your view. Network with people outside your division and company, including customers, vendors, related organizations, and union leaders. Expand your general knowledge beyond your immediate business through seminars and outof- mainstream experiences. Solicit unvarnished truths. The higher you rise in your organization, the more people will tell you only what they think you want to Read More

IFS Glows Amidst The Mid-Market Gloom


By continuing to grow faster than many others, and by even reverting to profits, IFS has been defending the pride of quite beleaguered Tier 2 & 3 applications vendors. However, the bigger vendors will sell their aspirations dearly, and IFS still has a long way to go to achieve full-fledged credibility in the global market.

ges epix  IFS as the fifth largest ERP provider during the second quarter in terms of license sales, while the company occupied the first position in terms of the fastest total and license revenue growth, stealing thereby the thunder from recently ebullient SAP and PeopleSoft . More important, the growth has been almost completely organic, as no significant acquisitions were made during the past 12 months. Furthermore, IFS North America reported earnings of ~$2 million and is now IFS' largest market with 35% of Read More

GXS Acquires HAHT Commerce for More Synchronized Retail B2B Data Part Three: Market Impact


There is renewed interest to provide GXS' trading services from other surviving Internet exchange providers to leverage GXS' huge expertise and investment in a global infrastructure to provide its trading services. In particular, GXS could cater for integration between the exchange and the enterprise systems of the members, including diverse back-office and front-office systems, and for processing and routing of transactions between participants.

ges epix  operates one of the largest B2B e-commerce networks in the world and manages one billion annual transactions for more than 100,000 trading partners, announced that it has signed a definitive agreement to acquire HAHT Commerce ( www.haht.com ).HAHT Commerce is based in Raleigh, North Carolina and is a privately-held provider of demand chain management applications (DCM) that strategically automate, integrate, and optimize order management, product information management (PIM), channel management, business Read More

We Shall Be Giant


Oracle and Citigroup bank on integrating B2B exchange and financial services. Will Bailey Building and Loan Association get into the act?

ges epix  the direction of B2B exchanges has almost completely changed from enabling the purchase of indirect supplies to becoming vital components in integrated supply and distribution chains. That same progression will likely be replicated at the level of individual companies, individual exchanges, and the industry as a whole. For Oracle, that makes a customer's decision to participate in an exchange the opening to sell them, over time, a full suite of back-end software products. For Citigroup it is obvious that Read More

Geac Hopes To See System21 Shine Again Like 'Aurora'


By stabilizing its financial situation and by focusing on customer service beyond reproach and on its major product’s collaborative enhancements, in part through acquisitions, Geac hopes to overcome a lingering general feeling that it had passed up an opportunity to be a top-notch applications vendor.

ges epix  revenues derived from the GES division, with 57% of total revenues generated in the Americas, 35% in Europe, and 8% in Asia Pacific region. Figure 1. Cost of revenues was reduced by Can$95.0 million, or 22.5%, from Can$421.6 million in fiscal year 2001 to Can$326.6 million in fiscal year 2002, as during the fourth quarter, Geac undertook a comprehensive review of its operations with the objective of reducing costs and increasing effectiveness. As a result of this effort, the company streamlined Read More

Geac Gets Its Commonsense Share Of Consolidation, With Revolving Door CEOs No Less Part Two: Market Impact


Geac is now a financially conservative, stable but acquisitive organization that has remained profitable despite the general IT industry downturn. Geac’s future focus on delivering new functionality to its heartland of existing customers and industry verticals, while building out its technology to make its existing products more future-proof, seems prudent. Geac is also targeting new customers through Extensity, Comshare and other front-end applications.

ges epix  licensing, support & maintenance charges. In case of the System 21 Aurora enhancements, which have been a result of many current customers' requirements, one should note that most of the new functionality has been offered to these customers in return for slightly increased maintenance payments, but not for an additional license cost. Moreover, Geac still ranks among the Top 10 global enterprise applications vendors based solely on revenues and customer base, since its estimated revenues and install base Read More

Geac Hopes To See System21 Shine Again Like 'Aurora' Part 2: Market Impact


Geac appears to have at least learned some hard lessons and it should not fall again in the trap of its former rampant acquisition strategy in a number of unrelated, diverse fields. Further, Geac's strengths today remain its geographical spread, restored financial health, retained level of products’ diversity, and its savvy of industry business process in the chosen vertical sectors. The company seems to have become highly attuned to the needs of the mid-market, with many loyal long term customers currently enjoying considerable service & support attention.

ges epix  be sold into its GES division (SmartStream and System21) customer base. The two recent acquisitions seem to fit the description. Figure 1. More on a down note, Geac remains strongly service driven with less than 12% of its revenues coming from license revenues (compared to the 33% industry benchmark, estimated by TEC), with close to 80% coming professional services and 10% from maintenance revenue. Still, it is now a financially conservative, stable but acquisitive organization which has remained Read More