SAP drops joint online marketplace plan

German business software giant SAP AG and US-based e-commerce specialist Commerce One have dropped their joint plans to develop...

German business software giant SAP AG and US-based e-commerce specialist Commerce One have dropped their joint plans to develop future online marketplaces for customers.

The 20-month-old partnership was first announced at the SAP user conference in Las Vegas in June 2000 and since then SAP has increased its investment in the company.

Last June, SAP increased its stake in Commerce One to just over 20% and said it would inject up to $250m (£175m) in new investment capital into Commerce One.

Laurie Doyle Kelly, spokeswoman for SAP said: "We still have a 20% investment in Commerce One, that hasn't changed. What has changed is the marketplace. Two years ago, everyone thought that online exchanges were going to be the best thing and now that has changed. The customer is no longer interested."

Doyle Kelly stressed that customers currently using the MarketSite product from SAP and Commerce One would not be left high and dry. "Customers who have bought MarketSite from us will see no change," she said. "This decision is more about where we're heading rather than dismantling what has already been established."

In the near future, SAP would focus on private exchanges. "Though customers want exchanges, it's not necessarily about opening up everything to your partners, it's more internal," Doyle Kelly said..



Enjoy the benefits of CW+ membership, learn more and join.

Read more on Business applications

Start the conversation

Send me notifications when other members comment.

By submitting you agree to receive email from TechTarget and its partners. If you reside outside of the United States, you consent to having your personal data transferred to and processed in the United States. Privacy

Please create a username to comment.




  • Passive Python Network Mapping

    In this excerpt from chapter two of Passive Python Network Mapping, author Chet Hosmer discusses securing your devices against ...

  • Protecting Patient Information

    In this excerpt from chapter two of Protecting Patient Information, author Paul Cerrato discusses the consequences of data ...

  • Mobile Security and Privacy

    In this excerpt from chapter 11 of Mobile Security and Privacy, authors Raymond Choo and Man Ho Au discuss privacy and anonymity ...