| Start-up Viquity Corp., a developer of outsourced
e-business infrastructure for the automation of production procurement,
officially launched and made available its Dynamic Commerce Network (DCN).
DCN is a platform that enables companies to automate direct procurement
processes between their trading partners, in contrast to MRO procurement
solutions. Viquity's first customers include PairGain Technologies Sonic
Manufacturing Technologies and
RedBack Networks.
The Viquity Dynamic Commerce Network, which includes an Internet document
transport service, Viquity Basis, and an intelligent commerce hub, Viquity
Nexus, enables
secure system-to-system exchange of business documents to eliminate the
errors and delays associated with manual and point-to-point direct
procurement methods, the company said.
The network features "guaranteed delivery and receipt of business documents,
seamless
compatibility with firewalls, centralized capabilities to manage the
complexity of system-to-system information exchange, and an integrated data
repository for trading network business intelligence and multi-level supply
chain visibility," the company said.
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Release 1.0 will be available in June. Monthly subscription fees start at
$1,000 and are based on the number of trading partners, transaction set
required and the complexity
of the customer's ERP system. One-time implementation charges start at
$10,000.
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Separately, Viquity formed a strategic alliance with professional services
firm Deloitte & Touche. The companies will
conduct joint marketing of their solutions to both new and existing clients.
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Viquity Launches Dynamic Commerce Network