I2 Joins Business-To-Business Trading Exchange Fray
Supply-chain management software provider i2 TechnologiesInc. said yesterday that it has teamed with Compaq and
Hewlett-Packard to create an online business-to-business
trading community for the high-tech industry. The site,
called HightechMatrix.com, is owned and operated by i2 and
provides electronics manufacturers, distributors, and their
trading partners the ability to negotiate purchasing and
coordinate production plans via a single, secure Web portal.
Greg Brady, president of i2, estimates that with its 72%
share of the supply-chain market in the high-tech industry
today, i2 could potentially channel $100 billion of trade
through HightechMatrix.com. Compaq CEO Michael Capellas said
his company is committed to moving the $25 billion of trading
it does with suppliers each year onto the high-tech exchange.
HP also plans to conduct tens of billions of dollars in
commerce with suppliers through the portal. Both companies
expect to gain efficiencies, cut costs, and increase customer
service by using the online procurement and planning system.
Also, i2 will take a percentage of each transaction that
moves through its system.
HightechMatrix.com is the first of several industry-specific
marketplaces i2 plans to launch as part of TradeMatrix, the
software vendor's business-to-business marketplace strategy
launched in October. The high-tech marketplace is also an
expansion of the trading community that i2 and HP launched
earlier this year for electronics distributors. It follows on
heals of several recent high-profile marketplace deals made
by rivals Oracle, SAP, PeopleSoft, and Commerce One for the
automotive, pharmaceutical, and apparel industries.
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