WATERLOO, Ontario, Dec. 2, 2014 /CNW/ -- OpenText™ (NASDAQ: OTEX,TSX: OTC), a global leader in Enterprise Information Management (EIM), today announced that Esprinet S.p.A., a wholesale distributor of IT and consumer electronics in Italy and Spain, is using OpenText Managed Services to manage the day-to-day electronic transactions with Esprinet's largest suppliers and customers across its Business-to-Business (B2B) e-commerce platform.
Using the OpenText Trading Grid®, Esprinet has consolidated its disparate B2B trading environment, encompassing a value-added network, Applicability Statement 2 (AS2*) solutions and Internet-based electronic trading, to transform its digital business networks and streamline communications with partners across Europe and around the world.
Esprinet is ranked as a top IT and consumer electronics distributor in Italy and Spain, with sales of more than €2 billion per annum. Esprinet's core business is delivering technology to over 20,000 resellers who typically address the needs of small-to-midsize businesses (SMBs). With its extensive network of trading partners, Esprinet wants to increase operational quality and productivity while driving down cost per transaction.
"We use an Electronic Data Interchange (EDI) connection to conduct e-commerce transactions with some of our suppliers and big customers online, making EDI vital to transforming our transaction tracking capabilities and real time monitoring," said Cesare Pedrazzini, Chief Technology Officer of Esprinet S.p.A., "We set out to design and implement an elegant solution that would help reduce ongoing costs, while delivering distinct and measurable business benefits to the enterprise. With OpenText Managed Services, we have achieved these goals, and more."
A key objective for the company was to enhance trading visibility across the business, giving Esprinet the ability to track and monitor customer transactions in real time. With OpenText Managed Services, Esprinet now has improved visibility across its partner network, enabling new and innovative ways to connect with suppliers and customers worldwide from transaction processing, purchase order processing, partner mapping and on-boarding and technical support. The solution also allows Esprinet to evaluate and re-model critical business processes that are at the heart of the company growth strategy and profitability.
Esprinet estimates that the adoption of OpenText Managed Services has enabled them to reduce the costs of its B2B e-commerce network while also gaining significant efficiency benefits beyond the cost savings.
The OpenText Trading Grid is a cloud-based B2B integration solution that offers integration technology for enterprises to connect to their business partners quickly, securely and efficiently. OpenText Trading Grid is highly scalable and can manage the digital business network for an entire multi-national B2B ecosystem or handle a smaller subset of selected projects, regions, or trading partner relationships. Part of the OpenText Cloud, OpenText Trading Grid allows companies to exchange documents using EDI, XML, fax and email and offers a development platform for building web, mobile and analytic applications and a suite of pre-packaged applications to automate business processes such as capture-to-archive, inquiry-to-resolution, and procure-to-pay. The OpenText cloud processes over 16 billion transactions per year and houses over 350 terabytes of multimedia content for more than 600,000 businesses around the world.
*Applicability Statement 2(AS) is a specification focused on the secure and reliable transport of data over the Internet by the use of digital certificates and encryption.
Learn more about OpenText EIM:
- Read the blog of Mark Barrenechea, OpenText's CEO
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OpenText is the leader in Enterprise Information Management, helping customers to create a Digital-First World by simplifying, transforming, and accelerating their information needs. Over 100,000 customers already use OpenText solutions, either on premises or in our cloud. For more information about OpenText (NASDAQ: OTEX;TSX: OTC), please visit: www.opentext.com.
Esprinet is engaged in the wholesale distribution of IT and consumer electronics in Italy and Spain, with ~40.000 resellers customers served and 600 brands supplied. Consolidated 2013 sales of € 2 billion rank the Company No. 1 in Italy and No. 2 in Spain (No.5 in Europe). Uniquely enabled by its internet-based business model (www.esprinet.com), Esprinet is especially focused on delivering technology to resellers mainly addressing the small-to-midsize businesses (SMB). For more information, you can go to the web site: http://www.esprinet.com
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