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Internet-Based EDI Poised to Surpass VANs
Although use of Electronic Data Interchange (EDI) for e-commerce predates commercial use of the Internet, utilization of the Internet as the basis for EDI is rapidly gaining ground over EDI based on traditional use of value-added networks (VANs). According to statistics gathered by Computer Economics, adoption of Internet-based EDI will soon surpass VAN-based EDI, due to its more attractive ROI and TCO characteristics. (5 pp., 4 figs.)
XML Economics Beat EDI in B2B Transactions
Methods for handling B2B transactions are in flux as the cost advantages of using the Internet grow increasingly apparent. The alternatives receiving the most attention are the venerable EDI format and emerging XML-based solutions. The question of which solution is better for your organization depends heavily on your trading partnersâ preferences as well as the economic performance of each method.
E-Commerce and Computer Network Data from the U.S. Census Bureau (October 2002)
The latest data estimates retail e-commerce sales for 1Q02 at $9.849 billion, an increase of 19.3% from 1Q01.