Nortel is "Turbo charging market for E-biz solutions" with CNQR!
biz.yahoo.com
Monday December 13, 10:17 am Eastern Time
Nortel aims services to boost Internet sales
TORONTO, Dec 13 (Reuters) - Nortel Networks Corp. (Toronto:NT.TO - news)(NYSE:NT - news) will announce on Monday afternoon a string of services aimed at kick-starting the sale and rental of software over the Internet.
Working with Hewlett-Packard Co. (NYSE:HWP - news) and other software firms, Nortel will help Internet Service Providers to certify, deliver and support applications with services it will start to launch in the first quarter of 2000.
The fledgling application service provider market, which refers to the sale or rental of software on the Internet, is estimated to be worth $23 billion by 2003, according to research firm Dataquest.
''We're turbo charging the market for e-business solutions,'' said Richard Caruso, president of Nortel's application service providers market segment, service provider and carrier group said in a statement.
With Hewlett-Packard, Nortel will offer security, quality controls and network and system management to aid the delivery and sale of software. Nortel will also work with software vendors to certify their applications' performance, security and reliability.
Nortel, which is also working with Software.com Inc., Concur Technologies Inc. and Intershop Communications Inc. under the strategy, plans to launch further services in the second quarter.
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