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SpaceWorks and Intel Collaborate on E-commerce Project

Strategic Insights

— 1 min read

SpaceWorks, Inc., a leading provider of business-to-business sell-side Web commerce software, has announced a collaboration with Intel Corporation to develop new software applications for automating sales-to-order transactions on the Web. The joint project aims to empower businesses to implement e-commerce capabilities with their direct and indirect channels, further enabling the growth of the Internet economy. Intel's involvement in this project underscores its commitment to fostering global connectivity and accelerating computing capabilities. According to Forrester Research, the market for Internet commerce "sell-side" software is projected to reach $1.4 billion by 2002.

Key Takeaways:

  • SpaceWorks and Intel are collaborating on a software project to provide businesses with new e-commerce capabilities for direct and indirect channels, including automation of sales-to-order transactions on the Web.
  • The partnership will result in the development of new applications that leverage SpaceWorks' expertise in enterprise-class "sell-side" applications and Intel's resources to accelerate computing capabilities.
  • The commercial release of the first application is expected in the fourth quarter, supporting businesses in automating supply chain transactions across various industries.
  • SpaceWorks' OrderManager software allows enterprises to establish self-service sales-to-order environments on the Internet, through private corporate intranets, and over extranets, enabling real-time transactions with supply chain partners, suppliers, and business clients.
  • The market for Internet commerce "sell-side" software is projected to reach $1.4 billion by 2002, according to Forrester Research.
  • Intel's Senior Vice President and General Manager of Internet Content Services, Ron Whittier, emphasized the importance of companies like SpaceWorks in making it easier for people and companies to transact their business on the Internet.
  • Dave MacSwain, President and CEO of SpaceWorks, highlighted the significance of the partnership in supporting Intel's corporate goals and creating synergies between the two parties' expertise.

Statistics:

  • The projected market size for Internet commerce "sell-side" software by 2002 is $1.4 billion (Forrester Research).
  • The commercial release of the first application is expected in the fourth quarter, supporting businesses in automating supply chain transactions.
  • SpaceWorks focuses on automating supply chain transactions in various industries, aligning with Intel's corporate goals for fostering the overall growth of computing.

Sources:

  • PRNewswire
  • Forrester Research (exact reference not provided)
  • Interview/Quote from Ron Whittier, Intel Senior Vice President and General Manager of Internet Content Services
  • Interview/Quote from Dave MacSwain, SpaceWorks President and CEO
  • Additional information available on SpaceWorks' Web site (www.spaceworks.com)

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