25 April 2002 | Robin Parker
Commerce One is to develop tools to handle complex web services this year in a further move away from its roots as a provider of public marketplace solutions.
Mark Hoffman, chief executive, told its eLink user conference in Florida that his company is developing Commerce One 6.0, an integrated platform to tackle document, process and transaction management.
Commerce One’s current applications will be turned into web services that can be plugged into any IT system.
Version 6.0 will be released in early 2003, a year after the previous version, which signalled a switch in strategy away from public marketplaces to private enterprise.
Scott Wilkerson, director of solution strategy, acknowledged the rapid development of 6.0 would be ahead of many firms’ e-commerce capabilities, but said Commerce One had to help prepare the market.
But the launch will come at a cost. Commerce One cut its workforce by a further 30 per cent last week and revenues for the first quarter of 2002 fell to $31.8 million from December’s quarterly figure of $56 million.
Laurie Orlov, research director at analysts Forrester, said Commerce One would continue to face tough trading conditions this year. But she added that 6.0 would be attractive to firms aiming to unite multiple enterprise resource planning systems.
More analysis of Commerce One’s strategy can be found at www.supplymanagement.com