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Abstract
Even after the dotcom burst, Collaborative Commerce
is gaining ground as it increases revenue, reduces cost
and catalyses customer retention. Amazingly enough,
only a few companies have very high levels of Collaborative
Commerce. This trend is even stronger among organizations
involved in businesses like energy, industrial manufacturing
etc. Reasons are aplenty for this, the most important
being the lack of trust they perceive in sharing proprietary
information. Many of them still have not integrated
their disparate systems. The other reasons for such
apathy include lack of awareness about the cost benefits
and lack of a proper blueprint for adapting Collaborative
Commerce.
This white paper explains the trends in Collaborative
Commerce, its advantages and future possibilities, and
the possible hurdles on the way of companies looking
for greater involvement in Collaborative Commerce. This
paper also outlines a blueprint for companies to guide
their business processes and systems integration.
To know more about Wipro in finance, go to www.wipro.com/finance
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