![]() ![]() No B2B or e-Business network is complete without an eco-system around it to be able to successfully run their businesses, whether it is Order-to-Cash processes in the Manufacturing/Retail, or Payments/Payroll processes in the banking, etc. ![]() Some of the names that we come across are EDI, B2B, e-Commerce, File Transfer, File Services, Supply Chain, e-Business, etc. Because of the legacy, the technology has had over the last 50 years, every organization may have a different name adopted over time. Every Fortune 1000 company has invested in EDI since. In fact, EDI pre-dates the internet, and the first document to have ever gone across the wire electronically was a way-bill in the shipping industry way back in 1969. EDI was the foundation for most VANs and B2B networks today. These VANs were created on the basis of Electronic Data Interchange (EDI). They were referred to as Value Added Networks (VANs) back then. Large organizations could afford to host B2B networks that smaller suppliers and customers could leverage to participate in B2B. The advent of B2B began in the early 70's. This aspect of information exchange is often referred to as Business-to-Business or B2B. ![]() Research suggests that more than 51% of world's electronic information moves in the form of files and 90% of that moves between businesses and government entities. ![]()
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