The complete brand rollout including new product announcements are planned for Q2, 2001. Poet is focused on the supplier enablement market segment in e-commerce. At present, there is no independent research available specifying the market volume in the Supplier Enablement area. Those marketplaces and ASPs are the target group for Poet eSupplierWeb for catalog hosting. The need to automate business processes between enterprises is the driving force behind eCommerce.
Automation can provide substantial benefits by accelerating processes and reducing costs.
The trend in recent years has been to optimize internal processes and data channels. Now, the focus is shifting to commercial activities between businesses. Thanks to its potential for providing major savings, Internet-based purchasing has assumed top priority. In order to realize the full benefits of B2B eCommerce, clean and transactionable content is a key requirement and currently a major bottleneck to leverage the investments into e-Procurement and eMarketplace systems. Poet eSupplier Solutions address this key issue and enable accurate content on a large scale, thereby delivering on the key promises of electronic procurement.