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What is Covisint B2B Marketplace?

The Covisint B2B Marketplace was built with the following three characteristics of an electronic market system.

  • Reduced cost – The customer-reduced cost theoretically comes from a simpler search process, the reduced cost for the supplier comes from a simpler search process for potential customers.
  • Network externalities – Benefits realized by individual participants in an electronic market increase as more organizations join the system.
  • Economies of scale and scope – Electronic market systems typically require large capital investments and offer potential substantial economies of scale and scope.

At Covisint, we realize that sharing B2B information securely and reliably across increasingly complex technology systems and platforms can be difficult and expensive. Covisint’s B2B Marketplace connects disparate solutions and allows them to work with each other through seamless integration.

Also known as
B2B Marketplace
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