Entrade and eBreviate have formed a strategic alliance that offers buyers, suppliers and net markets a powerful suite of e-commerce technologies and services.
The alliance is aimed at a worldwide market for B2B e-commerce services, estimated by Forrester Research to reach $1.3 trillion by 2003, as well as a global asset management market estimated by World Bank and A.T. Kearney to be over $350 billion this year.
Entrade will offer its clients eBreviate’s technology, which enables buyers to make decisions based on multiple criteria, ranging from price and quality to delivery time and customer service. This will give Entrade’s customers the opportunity, through auctions, to compare bids in real time and select a supplier based on a mix of priorities.
“By joining hands, Entrade and eBreviate can now offer their clients a comprehensive suite of e-commerce technology and services,” said Entrade CEO Mark Santacrose.
Niul Burton, president of eBreviate, said: “We intend to be the solution of choice for customers seeking an unmatched combination of procurement and asset disposition skills, experience and technology.”
Entrade is a provider of B2B e-commerce software and asset disposition services for traditional businesses and electronic marketplaces. To date, the company has supported the development of AssetControl.com, AssetTrade.com, GlobalPowerAssets.com, Nationwide Auction Systems, pricecontainer.com, printeralliance.com, TradeTextile.com and TruckCenter.com.
eBreviate, an EDS company, deals in web-based solutions that enable corporations to take the time, cost, and inefficiencies out of buying.