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Toronto, Canada
WSI has created the first e-marketplace within the Internet
franchise sector. The Virtual Private Market Place (VPM) is a B2B
system, which enables WSI’ s Internet Consultants (ICs)and
Production Centers to collaborate and transact business via the
Internet. At the core of the VPM is the MAPS™ system, which is a
web-based project management and communication system.
According to International Data Corporation, e-markets are expected
to generate over $2 trillion dollars of transactions by 2004.
E-markets are ideally suited to businesses that support supply chain
relationships such as WSI’s network of ICs and Production Centers.
To illustrate, an IC located in the US is working with a mid-sized
business to develop an e-commerce solution. After the IC documents
all design and functionality requirements, an on-line work estimate
for the building of the solution is submitted to several Production
Centers via MAPS™. After the chosen Production Center completes the
project and the IC’s client signs off the work, payment is made to
the Production Center and the site is placed on-line. The entire
cycle is completed virtually and coordinated through the MAPS™
system. “The VPM and the MAPS system are integral components
supporting our network of franchisees and the growth of our business
model,” said President Nigel Mayne. “The VPM model is highly
scalable and will accommodate thousands of additional business
relationships as WSI continues it’s phenomenal growth.”
About WSI
WSI, headquartered in Toronto, Canada, is ranked the #1 Internet
Services Business in the world and the 4th fastest-growing
International Franchise. With systems that have been developed,
utilized and proven by over 700 Internet Consultants in 87 countries
worldwide, WSI delivers thousands of e-business solutions to small
and medium sized businesses annually. |
