A worldwide group of IT vendors has formed to create a common vocabulary for conducting business-to-business electronic commerce.
The organisation, called Rosettanet, was concerned about incompatibility problems arising from the lack of a global standard for describing products and exchanging transaction information.
As the technologies involved change so rapidly, Rosettanet aims to create a standard platform to make it easier for everyone in the supply chain to do business in a consistent way. It saw an urgent need to establish common business interfaces for all trading partners and customers to exchange information and transactions.
One benefit will be to resellers and distributors building electronic catalogues. Rosettanet?s guidelines would help to simplify the creation of comparative product listings taken from multiple vendor sites.
Rosettanet, to be formally launched in the UK on 18 June, is lead by Fadi Chedale, a former Ingram Micro executive, and includes representatives from more than 40 hardware, software, distribution and electronic payment companies including Compaq, Intel, IBM, Cisco, Hewlett Packard, Microsoft, Netscape, Computacenter, Deutsche Financial Services and Federal Express.
The group has been working on descriptions for laptops, memory chips and software and is expected to vote this week on the proposed standards.
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