Business To Business Portals

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both appears and functions today. All events particularly in the corporate world are of immense significance. This is because these events determine the success or failure of the existing as well as the companies in the process of making. April 14, 1999 compelled the worldwide media to make headlines like "B2B Portals: The Internet Gold Rush Hits Corporate America" (Round Zero, April 14, 1999 Event, 1998- 2003). Thus, the entire business community that is strongly knitted and is spread globally remembers the event of April 14, 1999 as a highly positive corporate episode. On this day, the American corporate world rejoiced the invention as well as the inception of business to business portals, the most recent form of business automation that hit the American soil and proposed innumerable opportunities rapidly. Considering this event, the research paper will throw light on business to business environment and will look into how the technological success of business to business ...

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businesses all over the world are restructuring their companies with the advent of B2B portals. This is not only because of the cutthroat competition that is compelling businesses to co-operate with other businesses and to radically become a part of Internet buying and selling. B2B portals offer a lot more to business to business environment. With the help of B2B portals, "the common themes of shared purpose, economies of scale, market focus, are leveraged by the Internet strengths of scale and reach and low cost communications" (B2B Portals). In addition to the above, with increasing use of business to business portals, even the vertical markets have started benefiting from this ...

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