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Apr. 14, 2000 (InformationWeek - CMP via COMTEX) -- Essential Markets.com Inc.
has introduced a service that may help small suppliers get noticed by large
companies within online marketplaces. The service, called Essential Procurement,
was developed in cooperation with Ariba, Clarus, and Commerce One, which host
marketplaces or provide the technologies for creating them.

Essential Markets is aiming the service at companies with annual revenue of $25
million to $50 million. The vendor converts clients` product information into
searchable data formatted with the Extensible Markup Language, and presents
details on specific suppliers to larger companies that conduct a search within a
marketplace.

"Most large companies have 5,000 to 10,000 small-business suppliers that aren`t
connected to their E-procurement platforms," says Todd Ostrander, president and
CEO of Essential Markets. "This will provide larger corporations with a more
convenient way to reach a major part of their supply base."

The service is part of a broader group of hosted services and technologies that
the vendor recently made available to small suppliers. Essential Markets also
offers Internet access services and digital subscriber line connectivity, and it
will host E-commerce Web sites for small suppliers that include links to
marketplaces. Small-business suppliers will also have access to a regional
Essential Markets consultant who can provide contracted IT services.

Heather Ashton, a senior analyst at Hurwitz Group, says that although some
vendors have provided similar marketplace-access services to large suppliers,
Essential Markets` focus on small companies is unique.

The services will be available through the vendor`s Web site by the end of this
month, starting at less than $1,000 per month.
 
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Autor (Datum des Eintrages): buckweiser  (16.04.00 23:31:53)
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