J.D. Edwards CEO McVaney Paints Vision of 'Any-to-Any' C-Commerce

Keynote Address at Major Internet Industry Conference Reveals Technology That

Enables Instantaneous, Private B2B Exchanges



Apr 03, 2001, 01:00 ET from J.D. Edwards & Co.

    NEW YORK, April 3 /PRNewswire/ -- Companies will soon have the ability to
 connect electronically to any customer, supplier, or other business partner in
 two hours or less according to C. Edward McVaney, founder and chief executive
 officer of J.D. Edwards & Co. (Nasdaq:   JDEC), who today described the
 company's vision of "any-to-any" collaborative commerce.  With technology J.D.
 Edwards will introduce in June, companies will establish electronic
 connections "on the fly" as a means to automate business relationships, reduce
 costs, increase revenues, enhance customer loyalty and improve profits.
     (Photo:  http://www.newscom.com/cgi-bin/prnh/20000807/JDELOGO )
     McVaney delivered this vision as Tuesday morning's keynote speaker at one
 of the world's largest events showcasing the latest B2B products, strategies
 and technologies:  Gartner's Internet and e-Business Conference and Expo in
 New York."
     In leading the industry to look forward, we asked ourselves not what can
 we get done, but what must we get done," McVaney said.  Describing the need
 for an "elegant" solution to an "elephant-sized" problem, McVaney said J.D.
 Edwards' vision calls for technology and applications that:
 
     -- Allow connections among the many heterogeneous solutions available
        today
     -- Facilitate direct relationships between buyers and sellers instead of
        relying on 3rd-party trading partners
     -- Promise speed and simplicity to ensure any-to-any connectivity in
        "two hours or less"
 
     Phase One of J.D. Edwards' rollout plan for any-to-any technology focuses
 on solutions for the high-tech and electronics industries, to be followed by
 consumer and industrial market solutions.
     McVaney noted that collaborative commerce extends well beyond technology,
 affecting company organization, culture, skill set, training, and management.
 "Technology is the starting point to accelerate the process, but successful
 collaborative commerce will belong to those companies whose management
 recognizes the holistic changes that must occur for a company to achieve true,
 lasting competitive advantage through c-commerce, the next phase of
 e-business," McVaney explained.
     Gartner, a research firm that helps companies achieve their business
 objectives through the intelligent and efficient use of technology, previously
 stated that collaborative commerce would become the predominant B2B
 application model by 2004.  AMR Research, a competing firm, predicts that most
 of the $5.7 trillion in Internet commerce by 2004 will pass through private
 exchanges (another way to describe c-commerce).
     "Our vision is to create a complete set of pre-configured, collaborative
 B2B applications that support any-to-any connectivity in a simple, expeditious
 manner and serve to strengthen the personal relationships between businesses,"
 McVaney said.  "Competitive advantage in a period of economic unpredictability
 belongs to those companies that enjoy real-time communication with customers
 and suppliers, complete visibility across the supply network for all
 participants, and a real-time ability to shift execution strategy to
 accommodate changes in supply and demand."
     J.D. Edwards' collaborative commerce vision is built on the OneWorld XE(R)
 enterprise and advanced planning software with any-to-any integration
 capabilities through XPI (eXtended process integration) technology.  XPI uses
 a component-based message broker technology to integrate various enterprise
 applications and enables internal and B2B interoperability.
     J.D. Edwards provides enterprise resource planning, supply network, and
 interoperability software, technologies and services to over 6,000 customers
 worldwide.
 
     About J.D. Edwards
     J.D. Edwards is a leading provider of agile, collaborative solutions for
 the Internet economy.  The Company's open solutions give organizations the
 freedom to choose how they assemble their internal applications and how they
 collaborate with partners and customers across the supply chain to increase
 competitive advantage.  Founded in 1977, J.D. Edwards is headquartered in
 Denver.  Additional information can be obtained by contacting the Company via
 the Internet at www.jdedwards.com or at 1-800-727-5333.
 
     J.D. Edwards is a registered trademark of J.D. Edwards & Company.  The
 names of all other products and services of J.D. Edwards used herein are
 trademarks or registered trademarks of J.D. Edwards World Source Company.  All
 other product names used herein are trademarks or registered trademarks of
 their respective owners.
 
 

SOURCE J.D. Edwards & Co.
    NEW YORK, April 3 /PRNewswire/ -- Companies will soon have the ability to
 connect electronically to any customer, supplier, or other business partner in
 two hours or less according to C. Edward McVaney, founder and chief executive
 officer of J.D. Edwards & Co. (Nasdaq:   JDEC), who today described the
 company's vision of "any-to-any" collaborative commerce.  With technology J.D.
 Edwards will introduce in June, companies will establish electronic
 connections "on the fly" as a means to automate business relationships, reduce
 costs, increase revenues, enhance customer loyalty and improve profits.
     (Photo:  http://www.newscom.com/cgi-bin/prnh/20000807/JDELOGO )
     McVaney delivered this vision as Tuesday morning's keynote speaker at one
 of the world's largest events showcasing the latest B2B products, strategies
 and technologies:  Gartner's Internet and e-Business Conference and Expo in
 New York."
     In leading the industry to look forward, we asked ourselves not what can
 we get done, but what must we get done," McVaney said.  Describing the need
 for an "elegant" solution to an "elephant-sized" problem, McVaney said J.D.
 Edwards' vision calls for technology and applications that:
 
     -- Allow connections among the many heterogeneous solutions available
        today
     -- Facilitate direct relationships between buyers and sellers instead of
        relying on 3rd-party trading partners
     -- Promise speed and simplicity to ensure any-to-any connectivity in
        "two hours or less"
 
     Phase One of J.D. Edwards' rollout plan for any-to-any technology focuses
 on solutions for the high-tech and electronics industries, to be followed by
 consumer and industrial market solutions.
     McVaney noted that collaborative commerce extends well beyond technology,
 affecting company organization, culture, skill set, training, and management.
 "Technology is the starting point to accelerate the process, but successful
 collaborative commerce will belong to those companies whose management
 recognizes the holistic changes that must occur for a company to achieve true,
 lasting competitive advantage through c-commerce, the next phase of
 e-business," McVaney explained.
     Gartner, a research firm that helps companies achieve their business
 objectives through the intelligent and efficient use of technology, previously
 stated that collaborative commerce would become the predominant B2B
 application model by 2004.  AMR Research, a competing firm, predicts that most
 of the $5.7 trillion in Internet commerce by 2004 will pass through private
 exchanges (another way to describe c-commerce).
     "Our vision is to create a complete set of pre-configured, collaborative
 B2B applications that support any-to-any connectivity in a simple, expeditious
 manner and serve to strengthen the personal relationships between businesses,"
 McVaney said.  "Competitive advantage in a period of economic unpredictability
 belongs to those companies that enjoy real-time communication with customers
 and suppliers, complete visibility across the supply network for all
 participants, and a real-time ability to shift execution strategy to
 accommodate changes in supply and demand."
     J.D. Edwards' collaborative commerce vision is built on the OneWorld XE(R)
 enterprise and advanced planning software with any-to-any integration
 capabilities through XPI (eXtended process integration) technology.  XPI uses
 a component-based message broker technology to integrate various enterprise
 applications and enables internal and B2B interoperability.
     J.D. Edwards provides enterprise resource planning, supply network, and
 interoperability software, technologies and services to over 6,000 customers
 worldwide.
 
     About J.D. Edwards
     J.D. Edwards is a leading provider of agile, collaborative solutions for
 the Internet economy.  The Company's open solutions give organizations the
 freedom to choose how they assemble their internal applications and how they
 collaborate with partners and customers across the supply chain to increase
 competitive advantage.  Founded in 1977, J.D. Edwards is headquartered in
 Denver.  Additional information can be obtained by contacting the Company via
 the Internet at www.jdedwards.com or at 1-800-727-5333.
 
     J.D. Edwards is a registered trademark of J.D. Edwards & Company.  The
 names of all other products and services of J.D. Edwards used herein are
 trademarks or registered trademarks of J.D. Edwards World Source Company.  All
 other product names used herein are trademarks or registered trademarks of
 their respective owners.
 
 SOURCE  J.D. Edwards & Co.