Title :
Work in progress report: Chemdex and the business-to-business marketmaker business model
Author_Institution :
Chemdex Corp., Palo Alto, CA, USA
Abstract :
We present a brief work-in-progress report on Chemdex, a pioneering example of the business-to-business (B2B) marketmaker, infomediary, or vortex business model. We establish context of the marketmaker business model and contrast it with other approaches. We probe a marketmaker´s unique challenges-which include ontology, information architecture, search, and integration-and benefits-which include cost savings, quality improvement, time-to-market, and market penetration. Understanding these challenges and benefits is important because there exists a growing sense that the marketmaker could become the dominant model in online commerce, especially in the business-to-business sector
Keywords :
electronic commerce; Chemdex; business-to-business infomediary business model; business-to-business marketmaker business model; business-to-business vortex business model; cost savings; information architecture; integration; market penetration; online commerce; ontology; quality improvement; search; time-to-market; Business; Chemical technology; Context modeling; Costs; Internet; Ontologies; Pharmaceutical technology; Probes; Procurement; Supply chains;
Conference_Titel :
Advance Issues of E-Commerce and Web-Based Information Systems, WECWIS, 1999. International Conference on
Conference_Location :
Santa Clara, CA
Print_ISBN :
0-7695-0334-9
DOI :
10.1109/WECWIS.1999.788188