As a result, the Marketplace portal represents a new model for business, where content, commerce, communities, and services are blended together in a seamless online environment. The Internet has long been the leading information channel the number of users leveraging the capabilities of the global network is fast approaching 200 million worldwide. But few enterprises understand how to use the Internet to make their business transactions more profitable not surprisingly, since the structures that would enable business to be conducted on the World Wide Web are largely not yet in place. The solution maps entire business processes from internal data processing and interaction with customers right through to virtual marketplaces, and vice versa. These scenarios span the areas of electronic commerce, customer relationship management, strategic enterprise management, logistics, human resources, manufacturing, financials, knowledge management, industry-specific templates for business processes, virtual training centers, and services provided by SAP and its partners.
Different industries have many distinctive operational processes and needs.
SAP has in-depth knowledge of 19 different vertical industries gained from years of working with its customers. This knowledge enables us to address the needs of specific industry segments better, ranging from yellow pages and multisupplier catalog access to RFQ and RFP matching. This community consists of over 20,000 installations worldwide and more than 10 million users. In addition, SAP has by far the largest number of global and national partner organizations dedicated to making SAP a success. By using XML-based Web messaging, SAP provides customers with a standard architecture that enables collaboration between enterprises and their business partners.