BT re-confirmed its commitment to B2B e-commerce and announced the next phase of its strategy aimed at driving the adoption of e-procurement and overcoming some of the challenges faced by companies. technical complexity, integration and supplier adoption. As a result, BT expects to increase the value of goods ordered through its e-marketplace from an annual trading value (ATV) of 100 million pounds (EUR 155.92 million) in 2001 to more than 1,000 million pounds within the next two years. New elements are: an increased focus on the connectivity between buyers and suppliers to enable them to conduct secure e-commerce through a value added trading network, and a move away from the sale of software licences; a strategic partnership with Oracle, whose eBusiness Applications will form the basis of the new central trading platform, BT Transact; organisations using Oracle's buying application join those on Commerce One, SAP and PeopleSoft platforms that are already able to integrate with BT's e-marketplace.
