Freemarkets Selects Intel and Microsoft to Power Global B2B eMarketplace

Strategic Insights -

As the world's largest B2B eMarketplace, Freemarkets brings together buyers from Global 1000 companies with suppliers from around the globe to deliver results in the form of savings and reductions in process time. The company has conducted 5,000 online auctions for more than $7.6 billion worth of goods and services to date, creating an estimated savings of nearly $1.5 billion for its customers. To continue its track record of delivering results, Freemarkets requires an extremely reliable platform that can scale to meet tremendous growth in both the number of users and the volume of business conducted through its eMarketplace.

Key Takeaways:

  • Freemarkets has selected Intel-based servers running Windows 2000 and Microsoft '.NET' Enterprise Servers to power its global B2B eMarketplace.
  • The combination of Intel-based servers and Microsoft '.NET' Enterprise Servers software delivers the scalability and reliability required to create global auctions for the millions of dollars' worth of business that flow through its eMarketplace daily.
  • Freemarkets has conducted 5,000 online auctions for more than $7.6 billion worth of goods and services to date, creating an estimated savings of nearly $1.5 billion for its customers.
  • The company's eMarketplace brings together buyers from Global 1000 companies with suppliers from around the globe to deliver results in the form of savings and reductions in process time.
  • Freemarkets requires an extremely reliable platform that can scale to meet tremendous growth in both the number of users and the volume of business conducted through its eMarketplace.
  • The implementation of best-of-breed products such as Intel-based servers and Microsoft's '.NET' Enterprise servers enables Freemarkets to address the need for scalability in a cost-effective manner.
  • The partnership between Intel and Microsoft provides Freemarkets with an e-business architecture that is flexible, scalable, and reliable.
  • This partnership is part of a recent e-business alliance between Intel and Microsoft to deliver joint customers best-of-class, end-to-end e-business solutions.
  • Freemarkets has executed over 5,600 suppliers from more than 50 countries have participated in its B2B eMarketplace.
  • The company's B2B eMarketplace has enabled buying organizations to source products from more than 130 supply verticals.

Statistics:

  • Over $7.6 billion worth of goods and services have been auctioned through Freemarkets' eMarketplace to date.
  • Nearly $1.5 billion in estimated savings have been created for Freemarkets' customers to date.
  • Freemarkets has conducted over 5,000 online auctions.
  • More than 130 supply verticals are available on Freemarkets' B2B eMarketplace.
  • Over 5,600 suppliers from more than 50 countries have participated in Freemarkets' B2B eMarketplace.

Sources:

  • M2 PressWIRE (September 12, 2000)
  • Freemarkets press release (September 12, 2000)
  • Intel press release (September 12, 2000)
  • Microsoft press release (September 12, 2000)