However, digital exchanges have been taking a beating the last few weeks in many periodicals - from the Wall Street Journal to The Standard. As Cohan notes, there are many well-funded exchanges fighting over the online construction market. If even a handful exist in five years, the industry may be unable to generate any substantial economic bargaining power due to price competition. It is this very concern that caused my firm to change its strategy from competing as an exchange to delivering services to them. I look forward to seeing more stories about the companies providing essential support services to the exchanges.
Small businesses are.
The fact is, Xerox is only one company in one niche. Such is the state of journalism today, sad to say. When a small business lays off one or two employees it is not news, even though that may represent 25 percent or 50 percent for that company. That doesn't seem to be happening, but when it does on any broad scale, that will be news. But we may not even hear about it.