InterWorld, Commerce One Sign Partner Deal
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InterWorld Corp. and Commerce One Inc. signed a strategic marketing and technology alliance to support business-to-business trading through Commerce One's MarketSite Global Trading Portal, a U.S.-focused business-to-business portal.
InterWorld's (INTW) Commerce Exchange sell-side solution will provide suppliers with seamless access to Commerce One (CMRC) MarketSite, as well as other business-to-business Internet portals on the Commerce One Global Trading Web. The aim is to improve online collaborative trading by reducing technology barriers and operational costs, as well as to increase efficiencies by automating the entire supply chain.
Financial arrangements between the companies were not disclosed.
InterWorld's solution will also support Commerce One's XML-standard, xCBL (Common Business Library), and utilize Commerce One's XCC (XML Commerce Connector) tool kit to implement joint business libraries. In addition, InterWorld and Commerce One will collaborate on XML schemas and business document definitions and interfaces, enabling accurate document exchanges. XML technology enables trading partners to transact business across dissimilar applications, systems, software and documents.
Commerce One and InterWorld will also jointly invest in marketing and sales tools to promote the combined Commerce One/InterWorld solution to each other's customers and customers' suppliers.