Business Services Industry

Frictionless Commerce Announces New e-Sourcing On-Demand Offering; Enables Rapid Achievement of e-Sourcing Benefits

Business Wire, August 18, 2004

CAMBRIDGE, Mass. -- Frictionless Commerce, a leading supplier relationship management (SRM) software provider, announced today a new e-Sourcing On-Demand offering of its Frictionless SRM application. A subscription-based license model, the solution provides a fast and affordable means to launch an e-sourcing program.

The Frictionless SRM e-Sourcing On-Demand offering provides:

--Automated sourcing to drive cost savings through collaborative project management, online auctions and RFP events;

--Rapid and scalable deployment for global organizations;

--Effective and secure application delivery for geographically dispersed buyers and suppliers; and

--Seamless migration path to a fully-enabled SRM platform.

Frictionless' On-Demand infrastructure is powered by Akamai Technologies (NASDAQ: AKAM) and a leading managed service provider. These capabilities provide a reliable, secure and high-speed access to the application. Akamai provides the world's largest globally distributed computing platform, with more than 14,000 servers deployed in over 1,000 networks in 69 countries. For users, the experience is simple; logging into Frictionless SRM with just a web-browser.

"More and more, companies are looking for On-Demand solutions as an alternative to the costs associated with maintaining perpetual software licenses or building out infrastructure. On-Demand is more than a pricing option, however - it's about the reliable and secure delivery of enterprise system capabilities when and where they are needed. Akamai is pleased to be an integral part of Frictionless' application software offering," said Robert Hughes, Executive Vice President of Global Sales and Services, Akamai.

"Each company has very different SRM requirements. Frictionless is excited to provide an alternative to licensed software to help companies achieve savings through e-sourcing. What makes us unique is the ability of our e-Sourcing On-Demand customers to migrate to a proven and comprehensive SRM platform as their needs evolve over time," said Stephen Sharp, President and Chief Executive Officer, Frictionless Commerce.

About Akamai

Akamai(R) is the global leader of distributed computing solutions and services, making the Internet predictable, scalable, and secure for conducting profitable e-business. The Akamai on demand platform enables customers to easily extend their Web operations - with full control - anywhere, anytime, without the cost of building out infrastructure. Headquartered in Cambridge, Massachusetts, Akamai serves hundreds of today's most successful enterprises and government agencies around the globe. Akamai is The Business Internet. For more information, visit www.akamai.com.

About Frictionless Commerce

Frictionless Commerce offers enterprises a real-world solution to their supplier relationship management needs. Frictionless SRM software is a complete integrated suite that addresses the entire spectrum of interactions between a buyer and a supplier that drive price and value. Customers include: Aetna, Wachovia, Bristol-Myers Squibb, KPMG LLP UK, United Utilities Plc, MetLife, Pantellos, TDS, Alticor, Prudential Plc, Telewest, CIGNA, and Philip Morris U.S.A. For more information, contact Frictionless Commerce at (617) 495-0180 or visit www.frictionless.com.

The FRICTIONLESS Trademark is owned by Frictionless Commerce Incorporated, and is registered in the United States of America and the European union.

COPYRIGHT 2004 Business Wire
COPYRIGHT 2008 Gale, Cengage Learning
 

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