Exhibit 2
Extranet: Benefits
- use existing tools to develop applications for both internal and external
use
- improve communication between customers, partners, and vendors
- shared development - opportunity for building, modifying, and debugging
applications between enterprises
- increase revenue and sales
- improve the bottom line by reducing costs, either within the business or
between the business and its partners
- gain many competitive advantages, in product development, cost savings,
marketing, distribution, and leveraging partnerships
- customer satisfaction and loyalty
- reduced paper handling - e.g., one enterprise reduced its transaction
time from weeks to days
- employee training - e.g., employees of GMAC Commercial Mortgage Corp. will
gain access to videotaped training and television broadcasts
- cut costs by bypassing intermediaries
- could allow participating companies to collaborate easily and
confidentially on manufacturing matters such as customer requests for
product enhancements
- spread decision-making while using technologies that are more
interoperable and less costly than those employed on traditional private
networks
- provide secure connections to customers, branch offices, and remote users
at costs that are substantially lower than dedicated data services
- save unnecessary phone calls, and thus save time
- organize knowledge transfer
- save on printing, warehousing, shipping, and customer service expenses
- improve a company's ability to develop new products and service customers