IDC Report to Examine Phenomenal Growth of B2B eCommunities

FRAMINGHAM, MASS, AUGUST 23, 2000 — IDC recently announced the initiation of a project that will represent the industry's most comprehensive research on B2B ecommunities, The Power of the Business Internet Exchange. IDC projects that online spending within these communities will skyrocket to a whopping $1.2 trillion worldwide in 2004. Businesses will have tremendous potential to increase their revenues through these communities, and IT providers will have a great opportunity to help build and manage them.

 

"As a business looks to grow in the Internet economy, understanding the impact of ecommunities could mean the difference between success or failure," said Scott McLarnon, vice president of IDC’s Software Consulting. "Although many ecommunities are being built, not all will achieve the customer base and liquidity needed to survive. Given the profound transformations taking place in the global economy, participation in ecommunities will be critical to many businesses."

The IDC report will be the definitive guide to ecommunities to date, covering key trends, market dynamics, revenue growth, vertical industries, business models, as well as the use of software, services, and hardware. 45 ecommunities will be profiled in-depth. IDC defines B2B ecommunities as businesses using Internet technologies to automate key processes and form tighter relationships among suppliers, partners, and customers.

The Power of the Business Internet Exchange will equip IT vendors, ecommunities, and ebusinesses with the tools necessary to capitalize on this growing trend. The research effort will:

· Forecast worldwide revenues through 2004

· Forecast ecommunity IT spending by servers, storage, services, and software

· Provide in-depth profiles of 45 ecommunities, including analysis of business and revenue models

· Compare outsourced and direct ecommunity IT expenditures

· Examine ecommunity alliance and partnering strategies

· Project services opportunities within the ecommunity marketplace

For more information about the report, contact Megan Muratore at 508-935-4205 or mmuratore@idc.com. If your company is an ecommunity or emarketplace and is interested in being profiled, please visit http://www.idc.com/survey/ecomm.htm.

About IDC

IDC delivers dependable, high-impact insights and advice on the future of ebusiness, the Internet, and information technology to help organizations make sound business decisions. IDC forecasts worldwide markets and trends and analyzes business strategies, technologies, and vendors, using a combination of rigorous primary research and in-depth competitive analysis. IDC provides global research with local content through more than 600 analysts in 43 countries worldwide. IDC's customers comprise the world's leading IT suppliers, IT organizations, eBusinesses, and the financial community. Additional information can be found at http://www.idc.com.

IDC is a division of IDG, the world's leading IT media, research and exposition company.

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