Prophecy Slashes Cost and Risk of
Released 5 June 2000
Listed enterprise software multinational Prophecy International
has slashed the cost and reduced the risk of rolling out an e-Business
The Australian company has unveiled a dynamic e-Business Portal
that enables companies using its software to automatically deploy
B2B (business-to-business) and B2C (business-to-consumer) transactions
on the Internet.
As well as lowering the risk for online commerce initiatives, the
ProphecyOpen e-Business Portal eliminates the need to duplicate
enterprise business systems for the Internet and avoids the current
approach of "bolting on" mask-like Web interfaces.
Prophecy International markets its ProphecyOpen object-oriented
software through a global distribution network that reaches more
than 20 countries. Prophecy's software is installed at more than
850 sites globally.
Prophecy International executive director Alan Greig said the ProphecyOpen
e-Business Portal reduced the cost, complexity and risk of putting
transactions online. "The dot.com meltdown has highlighted
the risk that bricks-and-mortar companies face when choosing partners
to put their businesses online," he said. "We bring to
the e-commerce marketplace the stability of a company which has
been profitable for 20 years combined with the low cost, low risk
ProphecyOpen e-Business Portal.
"What we have done is produce an extension of our enterprise
software that delivers a pure Web look and feel to information and
transactions that are delivered by the Net. Beyond that, companies
only need a bit of Web window dressing to make their site graphically
consistent with their corporate image."
The ProphecyOpen e-Business Portal is completely dynamic, so that
if business processes are changed in the ProphecyOpen enterprise
solution, the screens viewed by Web browsers will update automatically
to reflect the change.
Customers internationally have responded enthusiastically to initial
presentations of the ProphecyOpen e-Business Portal.
This appeal will also deliver additional licensing revenue opportunities
for Prophecy by providing the same benefits to companies that use
its ProphecyOpen Object Framework technology to develop their own
commercial business solutions. The ProphecyOpen e-Business Portal
delivers access to data or transactions for any application built
using the Framework.