HP and VerticalNet Agree to Co-Develop B2B Platform for Dynamic E-Services and Flexible Interoperability - Brief Article
Hewlett-Packard Company (HP) and VerticalNet announced an agreement to integrate HP's e-speak programming structure for creating and running global distributed e-services and VerticalNet's digital marketplace solution called Open Services Marketplace (OSM). The integrated platform is expected to consist of a set of tools and a framework for designing, building, and running a flexible and scalable business network, and is expected to provide buyers and suppliers in digital marketplaces with an open collaborative services environment.
The integrated platform is based on a new approach that combines customizable business processes, intelligent coordination of distributed e-services, and semantic interoperability.
Designed to accelerate the development of next-generation business solutions for customers and partners, HP and VerticalNet's key technological contributions for the platform are intended to:
- Provide flexible interoperability for B2B marketplaces;
- Facilitate a marketplace's ability to rapidly integrate with new trading partners;
- Allow for the creation and automation of entirely new cross-enterprise business processes
In addition, the platform is expected to utilize and extend emerging efforts to create business service directories by adding ontology-based, e-business service vocabularies that give trading partners a common language for rapid negotiation and cost-effective collaboration.
HP and VerticalNet both bring significant expertise and technology assets that will be enhanced and extended in the collaborative platform to meet the needs of the complex e-business networks of the global 2000 mega-markets. The integrated platform would use HP's e-speak service engine, service registry, and infrastructure to complement VerticalNet's Trade Server platform with advanced service and interoperability technologies developed in VerticalNet's Palo Alto, CA research center.
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