High Altitude Thinking (We)blog

This page is part of an in-progress commentary by Roger Frye
on High Altitude Thinking: The International Informatics Summit.

Monday, October 28, 2002

11.45 am
Sandy Kemper, Chairman, Global Trading Web Association; Founder and CEO, eScout
Connect Once: The Creation of the Global Trading Web

Title: A walk in the woods: Commodification, network foundation, pollination, continuous value, reciprocation.

Moore's law vs Metcalfe's Law for utility of networks by users -- looks asymptotic, not exponential to me. Enabling systemic success.

(It's hard for me to see the messages on the slide. They are pictures from nature with caption on bottom below the heads of the people in front of me.)

Risk. diagram of 3 sellers point-to-point with 3 buyers.

vs Belief. diagram of pollination by having a central content transaction hub. (I don't understand the metaphor.)

Chart comparing scenarios of supplier activation by the respective buyer vs activation by a marketplace. shows fewer suppliers activated once.

Model: network costs and benefits for interoperative data exchange. costs and benefits vs number of firms. Point-to-point exponential. Hub and spoke network costs is linear. Network benefits is hyperbolic. (I don't get it.)

Rewards: collaborative E-commerce platforms are the future. Story about e-commerce didn't die.

ONCE interoperation: went live in July 2000. Now 23 ONCE agreements with 22 active. 13 additional agreements with non-members -- 12 active.

Purchasing activity: $1.1B in monthly transactions. Expect big growth rates in 2nd half of 2002, ($3B). Creating and eco-system. Reciprocal gratitude. Law of infinite consequence.

Electronic transactions allow factoring of large transactions in a marketplace. Cost of manufacturing content is 6X cost of maintaining it.

QUESTION: members vs open. Answer: OPEN is available to all hubs.

END

HATblog home