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RosettaNet users to double to 900
By DAVID TAN PENANG: The number of companies in the country using RosettaNet standards for e-business transactions should double to 900 next year from the present 446. RosettaNet Malaysia director Foong Heng Huo said a simplified version of RosettaNet standards and processes was recently released. RosettaNet, based on XML (extensible markup language), provides a common e-business language and aligning processes for e-business transactions worldwide. “Targeting the small and medium enterprises (SME) market segment, this simplified version is more cost effective to implement as it sends out RosettaNet Automated Enablement partner interface process messages. “We expect this version to be widely adopted by SMEs in the country, which will double the number of companies adopting RosettaNet standards in 2008,” he told a press conference recently. The simplified RosettaNet platform was created over 36 months by the RosettaNet Malaysia engineering centre in Penang, he said at the RosettaNet Conference which was launched by Penang Chief Minister Tan Sri Dr Koh Tsu Koon.
Foong said that according to a recent Nanyang Technological University of Singapore report, companies using RosettaNet platforms saved an average of US$156,000 annually in their supply chain operations. He said about RM2mil was left from the RM5mil matching grant allocation from the federal government for companies adopting RosettaNet platforms. “The matching grant pays up to 70% of the cost to implement RosettaNet platforms,” he said. |
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