Although not directly about PROG a good reason to be looking at Business to business e-commerce providers.(Sellers)
news.com
GE Electronic Commerce Conference Features Former President
Bloomberg News
February 20, 1999, 4:32 p.m. PT
GE Electronic Commerce Conference Features Former President
Orlando, Florida, Feb. 20 (Bloomberg) -- General Electric
Co., one of the top three providers of business-to-business
electronic commerce, will feature a speech by former U.S.
President George Bush and presentations by top chief information
officers at its annual conference.
More than 80 sessions on electronic commerce will be held at
the GE Information Services, or GEIS, conference beginning
tomorrow in Orlando, Florida.
GEIS, International Business Machines Corp. and Sterling
Commerce Inc. are the top three providers of business-to-business
electronic commerce, according to industry analysts' estimates.
Companies are switching their method of purchase orders and
other business to electronic transactions because it saves money
and eliminates mistakes. Forrester Research Inc., for example,
estimates $499 billion in transactions will be conducted
electronically by 2001, up from $43 billion in 1998. By 2003,
that amount is expected to increase to $1.33 trillion.
GEIS, whose clients include companies such as construction
equipment maker Caterpillar Inc. and No. 2 discount retailer
Kmart Corp., hopes to capitalize on a rapid transition from older
technology to so-called extranet technology, or secure
transaction systems over the Internet.
The four-day conference will held at a resort in Walt Disney
Co.'s Disney World.
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