RosettaNet Reaching Milestones
Business may be tough for IT, semiconductor and electronic component companies, but they are continuing to make progress toward connecting to business partners through e-business and XML standards developed through RosettaNet.Business may be tough for IT, semiconductor and electronic component companies, but they are continuing to make progress toward connecting to business partners through e-business and XML standards developed through RosettaNet, the 4-year-old high-tech industry consortium said Tuesday. RosettaNet, which had outlined 11 key milestones in May of 2001 for implementation of its standards, announced that it has made strides in reaching all of those milestones. RosettaNet members doubled the number of business-to-business connections using RosettaNet standards during 2001 and expect another doubling of connections in 2002, said RosettaNet Chairman Colin Evans, who is the director of distributed systems at Intel Corp., during a press conference in Santa Clara, Calif. Since the setting of those milestones, RosettaNet members have implemented more than 450 connections with one another worldwide and as many as 1,000 overall when other business partners are included. "Throughout the six-month period the industry has been extremely challenged," said RosettaNet CEO Jennifer Hamilton. "When we embarked on 2001 with 11 milestones, my expectation was that some of those milestones might not materialize. Not only did we achieve all 11 milestones, but in some milestones we exceeded our goals."
The milestones focused on four key strategic business-to-business transactions and processes: order management, product discovery and distribution, semiconductor manufacturing, and supply chain information management. Goals included increasing B2B integration with small and medium-sized trading partners, as well as geographically and industry specific ones, such as expanding order management in Japan and tracking the progress of semiconductor manufacturing.