UDDI: Your Web Services Solution
2000 The New Trading Environment
With the explosive growth of B2B eCommerce, the Internet presents incredible value and reach for businesses of all sizes, providing opportunities to find new customers, streamline supply chains, provide new services, and secure unprecedented financial gain.
Organizations that have decisively moved their business online are already realizing significant economic and competitive gains: increased revenue, lowered costs, new customer relationships, innovative branding opportunities, and the creation of new lines of customer service.
Despite the outstanding growth of B2B eCommerce in the last few years, a major impediment has held back its enormous potential to open up trade worldwide not only to those already conducting B2B eCommerce, but also to businesses that are not yet players in the digital economy.
Most eCommerce-enabling applications and Web services currently in place take divergent paths to connecting buyers, suppliers, marketplaces, and service providers. Without large investments in technology infrastructure, businesses from a semiconductor manufacturer in Taiwan to a cabinetmaker in Athens to a specialized industrial engineering firm in New Delhi can transact Internet-based business only with the global trading partners they have discovered and, of those, only the ones using the same applications and Web services.
In order to fully open the doors to these existing and potential B2B players, truly successful eCommerce requires that businesses be able to discover each other, make their needs and capabilities known, and integrate services using each businesses' preferred technology, Web services, and commerce processes.