We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type |
---|---|---|---|
EDP SA | TG:EDP | Tradegate | Ordinary Share |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.036 | 1.16% | 3.132 | 3.125 | 3.139 | 3.141 | 3.014 | 3.104 | 29,202 | 22:50:13 |
RNS Number:4511M Electronic Data Processing PLC 18 June 2003 18 June, 2003 EDP first to market in the UK with eBIS-XML business document transmission and archiving outsourcing service. Today Electronic Data Processing PLC (EDP) is launching Quantum VS Highway, its eBIS-XML secure managed outsourcing service for the electronic transmission and archiving of business documents, designed to meet the growing market demand from businesses of all sizes and particularly SMEs. Quantum VS Highway is the result of a #2 million R & D investment, begun in early 2000, with the initial trial users of the software product set successfully implemented. The secure managed service leverages the investment already made by EDP in its business grade ISP service, fastfreenet.com. Quantum VS Highway, for an annual service charge of #1,995, provides the user with the facility to transmit securely business documents to an unlimited number of trading partners and to send and to receive an unlimited volume of documents. The six years secure document archiving and retrieval service costs #795 per annum, and includes a management information and business intelligence package. Electronic transmission of business documents, through what is known as EDI, has been used for the past twenty-five years but without an international standard. As a result EDI has only been implemented by larger organisations, principally due to its complexity and cost. XML is an internationally accepted and adopted technology standard. The UK Government has chosen XML as its standard document transmission technology. Organisations of any size doing business with Government departments will need to comply with this standard. The Government's XML implementation programme is due to be completed in 2005. The electronic transmission of business documents, such as orders and invoices, from one computer system to another delivers immediate operating cost savings, reducing the cost to a few pence per document. Paper, envelope, postage and data entry costs are all saved. Documents are delivered through EDP's proprietary service and are automatically archived, both in a matter of minutes. When postage and data entry costs alone are multiplied by the number of documents sent and received, the ROI of the Quantum VS Highway eBIS-XML service can typically be justified in a matter of weeks or a few months. EDP will initially market the new service to customers of its XML enabled high performance wholesale distribution software solutions. Plans are in place to extend the Quantum VS Highway service offering to all businesses of all sizes from the beginning of the next financial year, starting 1 October. EDP also plans to market Quantum VS Highway through independent software vendors, which have a similar requirement for their own customer bases. Highway will be marketed as well to organisations with an existing IT department and in addition, may be licensed as a systems integration tool kit. Group Chief Executive, Richard Jowitt, commented, 'Quantum VS Highway is the first significant product deliverable from our next generation software product R & D programme. As the first to market, we have an excellent opportunity to gain market share and drive revenue growth based upon an ubiquitous, internationally accepted technology that will, in due course, replace EDI and eventually be used by all businesses of all sizes.' -Ends- Enquiries: Richard Jowitt Julian Wassell Chief Executive Finance Director 0114 262 2001 0114 262 2007 www.edp.fastfreenet.com Notes to Editors EDP is the largest IT solution provider to the UK independent Builders and Timber Merchants market place and a leading supplier to the wholesale distribution industry. This information is provided by RNS The company news service from the London Stock Exchange END PRLNKOKDOBKDCAD
1 Year EDP Chart |
1 Month EDP Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions