Covisint: The evaluation of B2B marketplace

Presented by: Engross group

World’s largest B2B marketplace.Formed by Daimler-Chrysler, Ford, General

Motors On February 25, 2000.Using business-to business applications and

communication services.Working with manufacturers, suppliers, and

industry trade groups.

COVISINT

Why Covisint has prospered as a supplier of e-procurement portals and business document data exchange rather than as a neutral marketplace?

Reduced Supplier Communication Costs

Cost Avoidance

Reduced Operating Costs

Improved Customer and Supplier Management

Switching Costs

Ability to Attract a Large Number of Participants

Used extensively bidding. Reducing process cost by 50%. Reducing purchasing time by 80%. Cuts in communication process by 60%-90%. Developing 300 products by online. Processing 5,00,000 document per year by electronic

document exchange system.

Purchased by Compuware.Introducing EDI formats like ANSI, X12 etc. to transfer documents.Reducing annual cost by up to 80%.Reducing maintenance cost by 50%.

Used by more than 45,000 organizations in 96 countries. Transportation of over 40 million messages annually. Developing infrastructure boasts 99.997%. Diversified industries including: *Manufacturing *Healthcare *Aerospace *Public sector and *Financial services

2005-2008