CS,IBM NEWS:
. CABLETRON AND IBM GLOBAL SERVICES COMBINE FORCES TO LAUNCH
Business Wire
September 24, 1999, 5:15 a.m. PT
Innovative, Web-Based E-Commerce Solution
Business/Technology Editors
ROCHESTER, N.H. AND NEWBURY, England--(BUSINESS WIRE)--Sept. 24,
1999--
New Web-Based Application Provides Fully Automated, Secure and
Cost-Effective Supply Chain Management Processes
Cabletron Systems (NYSE: CS) today announced a UK collaboration
with IBM Global Services to launch IBM's new web-based application,
designed to streamline an organization's procurement processes and
enhance its overall operating efficiencies.
Titled Forms Exchange, the new application, piloted by Cabletron
Systems, provides users with end-to-end processing and settlement of
orders and invoices online, ensuring an elimination of errors arising
from duplicate data entry and providing users with a system to
facilitate faster payment.
With the application ready for testing, IBM Global Services
approached Cabletron to be the pilot site for the solution across
Europe. "We needed a supplier of stature and good technical ability
that could test the application to the limits," said Pete Edwards,
IBM's EMEA procurement re-engineering manager.
"We were also keen to work with one who shared our e-business
vision. Cabletron is an enthusiastic advocate of the ability of
Internet technology to power robust, secure, mission-critical
applications, so it made sense for them to pilot Forms Exchange."
Working closely with IBM, Cabletron undertook a four-month pilot
project with the Form Exchange web application. Having produced an
immediate impact in their procurement efficiencies, Cabletron
implemented IBM's solution on a more permanent basis.
Henry Fiallo, Cabletron's CIO, explains, "With Forms Exchange we
have streamlined what used to be a cumbersome, manual, time and
paper-intensive process. This has resulted in more accurate processing
of orders and invoices, and faster settlement with less
administration."
Fiallo continued, "We were delighted to work with IBM on an
initiative that is set to revolutionize transaction processing for
businesses, both large and small. Showcasing a successful e-business
commercial application such as Forms Exchange shows that Cabletron
believes and trusts in the technology's capability."
Forms Exchange is available worldwide via IBM Global Services.
About IBM Global Services
IBM Global Services is the world's largest information technology
services provider, with 1998 revenues of approximately $29 billion.
Services is the fast growing part of IBM, with more than 130,000
professionals serving customers in 160 countries. IBM Global Services
integrates IBM's broad range of capabilities - services, hardware,
software and research - to help companies of all sizes to realize the
full value of information technology. Fore more information visit
www.ibm.com/services. For more information about IBM e-business, visit
the IBM web page on the worldwide web at
ibm.com.
About Cabletron
Cabletron Systems, a premier provider of world-class networking
solutions, delivers reliable network access and communications to
millions of people worldwide. With scaleable products designed for
Global 1000 enterprise networks, service providers and small
businesses, Cabletron is the e-business communications specialist in
the Internet economy. Listed on the New York Stock Exchange for more
than a decade under the symbol CS, Cabletron is an S&P 500 index
company. Cabletron's web site can be reached on the Internet at
cabletron.com |
