E-biz or B2B

B2B (business-to-business) or e-biz, is the exchange of information, products and services between businesses. Electronic Data Interchange (EDI) was an earlier and limited version of this. This could also called e-commerce between businesses. These could be sorted into company web sites, product supply and procurement exchanges, specialized or vertical industry portals, brokering sites and information sites. The model of B2B is still evolving and according to studies, the growth of B2B is expected to accelerate rapidly. Another type of B2B enterprise is software for building B2B Web sites. This includes site building tools and templates, database, and methodologies as well as transaction software.

April 11 2008 03:15 am | Community

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