C1 links with Microsoft
B2B software vendor Commerce One and Microsoft have announced a joint development agreement for online exchange software, with Microsoft dishing out a $US25 million loan to the business-to-business (B2B) vendor.
Commerce One chairman and CEO Mark Hoffman said the agreement includes joint engineering, sales and marketing of its online market places. Hoffman said the two companies will develop Commerce One's B2B software to enable companies of all sizes to "quickly connect to the global trading Web and gain access to hundreds of electronic market places."
Under the terms of the agreement, Microsoft will provide a $25 million loan to fund the development of Commerce One's electronic market place software to integrate with Microsoft's .NET platform. .NET is Microsoft's broad, ongoing initiative to develop software and services for Web-based computing.
Oz software a failure
According to Boston Consulting Group, Australia is failing to develop its own software industry. In a detailed report on the state of the local software industry, the research group found Australia is lagging behind Israel, India and Ireland.
Last year Australia consumed $4.2 billion in packaged software, but figures from the Australian Bureau of Statistics show the nation actually produced less than $1 billion-worth of software products, creating a $3 billion-plus trade deficit.
Boston Consulting Group's vice president, David Gilmour, said 40 executives were interviewed for the report, and surveys were received from 190 Australian software companies.
Gilmour said government-related initiatives play a fundamental role in the development of Australia's fledgling software industry, and these issues have been addressed in a paper jointly prepared with the Business Council of Australia (BCA).
New exchange software
TIBCO Software has released a new line of B2B integration software which the company touts is a more efficient way of connecting business partners to conduct transactions online.
Named TIBCO ActiveExchange 2.0,
the software offers real-time supply
chain data sharing, dynamic business process automation, rapid distribution channel creation and increased inventory visibility.
The software has been given the thumbs up by Australian TIBCO customer corProcure. "We use TIBCO ActiveExchange to give our customers a level of integration and automation that is second to none," said Len Ward, CEO of corProcure. "The versatility and scalability of TIBCO's solution enabled us to rapidly build our exchange on a platform capable of delivering the quality of services demanded by our customers."