Inovis' VAN and Managed Services Gain Momentum
100,000 Active Trading Relationships, Two Million Transactions
Daily Supported Through Continued Technology and Service
Advancements
Online Stock Market Trading ATLANTA--(BUSINESS WIRE)--Aug. 10, 2004--Inovis, a provider of
business commerce automation
solutions, today announced
significant growth and increased usage of its value-added
network (VAN) and managed services offerings. Inovis' VAN
facilitates millions of transactions daily and thousands of
active trading partner relationships, accounting for more than
$300 billion dollars in annual global commerce. The company
continues to foster development in its VAN and managed services,
having recently launched its next-generation services network in
April 2004.
The Inovis VAN and managed services are part of the company's
comprehensive portfolio of business commerce automation solutions,
which also include electronic data interchange (EDI) transformation
software and support for newer technologies and standards like
Internet EDI, ebXML, UCCnet and RosettaNet. While VANs and the EDI
documents they transport are often considered older or legacy
technology investments, they are a growing part of Inovis' business
as companies continue to use these networks as a primary or
secondary means of exchanging standardized business documents with
trading partners.
At a time when video downloads on the Internet are beginning to gain momentum, Zip.ca plans to raise $ delivery rental business.
Stock Investing Course Inovis continues to gain market share in the VAN space.
Supporting e-business traffic from a majority of the Fortune 500,
Inovis currently hosts nearly 100,000 active trading relationships,
representing more than two million transactions per day. Inovis'
solutions continue to be widely adopted by the automotive and
retail sectors, supporting virtually 100 percent of the automotive
supply chain and each of the top 25 retailers in the United
States.
I sadly pulled the Boulevard (which I LOVE) out of the van and managed to get the Regent in securely.
Stock Market Game "The perception of a stagnant, irrelevant value-added network
industry is becoming obsolete as vendors quickly implement emerging
business-to-business innovations, layered with process and
industry-specific functionality," said Benoit Lheureux, research
director at Gartner Research.
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Stock Investing Game Providing a single gateway for business-to-business electronic
commerce, the Inovis VAN supports a wide range of data formats and
includes connectivity, access, transport and security
options to ensure the
facilitation of critical business documents. Continuing
investments in its VAN and managed services, Inovis recently
launched its next-generation services network to provide users
with improved control, visibility and customer service features.
The new services features include a powerful engine for
end-to-end control and greater visibility of
business-to-business transactions and trading partner
relationships, reducing the cost and complexity of trading
partner management.
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Journal Prime Rate Street Wall "Industry consolidation, cost-savings measures and varied
trading partner mandates have prompted many companies to adopt a
hybrid approach to their e-business infrastructures, often
requiring simultaneous support for a wide variety of communications
and connectivity standards," said Michael Croxton, senior vice
president of marketing for Inovis. "Through continued developments
and investment in both legacy and new business commerce
innovations, Inovis is best poised to help customers
do
business more effectively with all of their trading
partners."
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Stock Market News About Inovis
Stock Investing Basics Inovis is a leader in providing business commerce automation
solutions that facilitate the effective management of retail,
supply and manufacturing partnerships. With more than 20 years of
experience and almost 20,000 customers, Inovis provides a complete
line of B2B software and managed services. These solutions enable
companies to optimize profitability through timely and efficient
communications with their trading partner communities. For more
information visit www.inovis.com.
Stock Investing Software Inovis is a trademark of Inovis, Inc.
Stock Market Trading Contacts
Stock Investing For Dummy
Inovis
Brock Ballard, 404-467-3603
brock.ballard@inovis.com
or
Articulate Communications Inc.
Kara Hoffman, 212-255-0080, ext. 13
khoffman@articulatepr.com
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