Also, vertical eMarketplace operators are springing up everywhere, providing services within an industry sector or vertical market. To let business operate in this way, a vast eBusiness infrastructure is developing, and new companies and partnerships are being created and forged daily. It all sounds great, but in reality it's just the logical way of doing business in the 21st century. A marketplace brings together buyers looking for the best opportunities, and sellers competing on value and service. Add the Internet to the equation and we have the perfect business medium.
Buyers quickly realize reduced purchasing costs and sellers have access to new markets.
But with opportunity comes risk. If companies are to engage in the eMarketplace, they must be 100 percent sure the newly exposed business-critical systems are secure, available, and responsive. As companies join the eMarketplace, they expose their brand, reputation, and service to the expanded community. It's imperative they and their eMarketplace solutions provider have the best management solutions in place to protect and enhance their offerings. An example of an eMarketplace provider who has recognized the need for bulletproof enterprise management is PurchasePro.