The WISE Approach to Electronic Commerce

Abstract

The growing interest in Electronic Commerce practices has lead to a wide variety of models trying to capture the subtleties and complexities of the electronic marketplace. In this paper, we discuss a model based on trading communities, virtual business processes and virtual enterprises. These concepts are at the heart of the WISE (Workflow based Internet SErvices) project, where we have used them to drive the design and implementation of software tools for business to business electronic commerce. The paper briefly describes the model and shows how it is being used in practice as part of the WISE research effort. 1 Introduction Electronic commerce is a long established practice among companies which use information and communication technology to drive their everyday business transactions. In fact, some decades old retail chains are the direct result of electronic commerce practices. In spite of this proven success, electronic commerce has not been widely adopted until very rece...

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