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The growth of the Internet as a valuable channel for industries is one of the most exciting developments in retailing in the last century. No longer are companies bound by geography or time. Electronic commerce provides anytime, anywhere access to customers, significantly expanding industry's opportunities to satisfy demand for products, services and information tailored to meet the unique requirements of each customer.
 
Our research indicates that the use of and dependence on the Internet by businesses as a medium for marketing, distribution, and commerce will fuel the B2B market. In our view, as more businesses access the Internet and set up corporate Web pages, the more they will employ the Internet to execute their business strategy.
 
Key industry analysts have consistently valued and re-valued the enormous market opportunity available over the next several years in the business-to-business (B2B) e-commerce arena. Geodesic's "bazaar" provides with the most comprehensive B2B portal solution to "Internet B2B market B2B Architects (online facilitators that connect buyers and sellers via the Internet or a Virtual Private Network)" to entire leverage this incredible potential. The "Bazaar - B2B Portal Solution 1.0 - automates the business process for fastest time-to-market".
 
The "bazaar" portal engine for the "Internet B2B market B2B Architects represents a complete phase in the development of a collaborative, commerce-enabled community that will consolidate the marketing and promotional power of industries.
 
Benefits of Bazaar:
 
A portal infrastructure that enables real-time, interactive exchange of business transaction information among all participating partners-including buyers, sellers, internet market architect and commerce service providers
     
 
A scalable business service framework to quickly deliver value-added business services and enhance the network effect of the portal
     
 
An open infrastructure to maximize industry partner participation
     
 
A revolutionary, schema-based foundation that enables a network of interoperable B2B portals so that with a single connection, a buyer can reach any seller, anywhere
 
Bazaar offers:
  Supply Chain Management
     
  Business Process Integration
     
  CRM including Partner Relationship Management and IM integration
     
  Billing and Financial accounting integration APIs
 
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