Vikram stated,
> In the investment community (simply put, right or wrong)
>
> EDI/EAI : Bad, old news, approaching history.
> XML : new, good news, panacea.
>
> Of course, the investment community is never wrong.
I can't resist.
Exactly how much money did VC's lose on all those "never wrong investments"
in failed .com's?
I have to admit, I never would have invested in a company that sells "pet
rocks" but somebody did and made a lot of money doing it. The logic of some
investors escapes me, but like the pet rock, some wild and crazy business
plans are being funded.
Dick Brooks
Group 8760
110 12th Street North
Birmingham, AL 35203
[EMAIL PROTECTED]
205-250-8053
Fax: 205-250-8057
http://www.8760.com/
InsideAgent - Empowering e-commerce solutions
> -----Original Message-----
> From: Kaura, Vikram [mailto:[EMAIL PROTECTED]]
> Sent: Friday, August 25, 2000 4:35 PM
> To: 'Bill Oskowski'; Brad Hodges; martin; kurt Svensson; Paul Williams;
> [EMAIL PROTECTED]
> Cc: rachelf; [EMAIL PROTECTED]
> Subject: RE: Re[2]: Is the Internet/XML Going to Kill EDI?
>
>
> Hello Everyone!
>
> I have been reading the messages in this group with great interest.
> Let me share with you the feeling in the investment community.
>
> In the investment community (simply put, right or wrong)
>
> EDI/EAI : Bad, old news, approaching history.
> XML : new, good news, panacea.
>
> Of course, the investment community is never wrong.
> Thanks to the arguments from both sides, I am much well informed
> than I was 2 weeks ago.
>
> Can someone ref me to a balanced book/article/archive on the subject which
> I could read over the weekend.
>
> Thanks
>
> Vikram Kaura
> Equity Research
> Dain Rauscher Wessels
> 612-313-1235
> [EMAIL PROTECTED]
>
>
> -----Original Message-----
> From: Bill Oskowski [mailto:[EMAIL PROTECTED]]
> Sent: Friday, August 25, 2000 3:55 PM
> To: Bill Oskowski; Brad Hodges; martin; kurt Svensson; Paul Williams;
> [EMAIL PROTECTED]
> Cc: rachelf; [EMAIL PROTECTED]
> Subject: RE: Re[2]: Is the Internet/XML Going to Kill EDI?
>
>
> XML will move forward when it makes business sense. That means
> when it will
> allow a company to make more money or save more money. My company is a
> reseller of XML/EDI software and web based software, I believe in XML. I
> just don't believe companies are going to throw away billions of
> dollars of
> existing infrastructure. A way needs to be found to merge the two, not say
> one will kill the other. EDI works, and is widely implemented. It
> is not as
> difficult to implement as many on the XML side would have us beleive.
> Companies have many needs and budget constraints. Y2k happened, HIPAA is
> coming, and many companies are implementing SAP or other ERP
> solutions. All
> of which are major projects both from a budget stand point and a resource
> stand point. Why must there be only one way. The more likely course is to
> use EDI and experiment with XML. I like new technology, we are focusing on
> XML and the web in our training and for our future. But we will
> continue to
> pursue EDI opportunities. Many large and small companies have major
> investments in EDI. That translates to opportunities. I am willing to see
> both sides of the XML - EDI question, and am willing to concede
> XML will be
> implemented on a world wide basis. All I'm asking is that the XML side of
> the discussion give EDI the same courtesy. EDI is a standardized way to
> electronically process transactions and is implemented worldwide,
> EDI is an
> entry way into many major companies, that path should be taken
> advantage of
> not ignored.
>
>
>
> -----Original Message-----
> From: Bill Oskowski [mailto:[EMAIL PROTECTED]]
> Sent: Thursday, August 24, 2000 7:06 PM
> To: Brad Hodges; martin; kurt Svensson; Paul Williams;
> [EMAIL PROTECTED]
> Cc: rachelf; [EMAIL PROTECTED]
> Subject: RE: Re[2]: Is the Internet/XML Going to Kill EDI?
>
> This is a ridiculous analogy. EDI is adapting just like XML. Why must one
> die for the other to live?
>
>
> -----Original Message-----
> From: Brad Hodges [mailto:[EMAIL PROTECTED]]
> Sent: Thursday, August 24, 2000 12:53 PM
> To: martin; kurt Svensson; Paul Williams; [EMAIL PROTECTED]
> Cc: rachelf; [EMAIL PROTECTED]
> Subject: RE: Re[2]: Is the Internet/XML Going to Kill EDI?
>
>
> If you make the analogy between the industrial revolution and the
> electronic business/commerce revolution, EDI and VANs equals basic
> electricity flowing through wires. The internet is the 60Hz 120 volt AC
> power grid standard, and XML is the definition of the electrical plug
> standard. At some point during the prior revolution, it became totally
> impractical for anybody to draw power from anywhere other than
> the standard
> power grid. BUT!!!!, there were many electrical applications that
> required power other than 60Hz 120 volt AC, so they drew the raw power
> from the grid and converted and transformed the power into the format they
> needed.
>
> I think the same thing will happen in the electronic commerce/business
> space. XML will be the standard plug. The EDI world will simply at
> some point learn to adapt to the commodity power grid, (the
> Internet), but
> they may do so by simple conversion or adaption. There is
> still a long
> maturation process that has yet to occur in the XML space, but it will
> definitely happen. Once XML has matured, it will become very difficult
> to justify any new 'E' initiatives using anything other than XML. But
> that still does not mean that EDI has to at that point cease to work! If
> a huge corporation has a huge investment in an EDI infrastructure, they'd
> likely only bother to tinker with it enough so that it can utilize the
> standard information grid. Inside the corporation, they still see EDI or
> X.12 or whatever, but at some point they will on the fly transform to XML
> for no other reason that it was cost justified.
>
> At 02:41 AM 8/24/00 -0700, martin wrote:
>
>
> >My prediction, and I back it up with my investment in companies that work
> >with XML technology. The big boys of EDI will try hard to hold
> on to their
> >market. But I give them 5 years at the very most for them to have a
> >significant share of the EDI business. There is a great forward momentum
> >of XML development by many companies that I can see an end to traditional
> >EDI. We are in a new economy. It's wasteful to use traditional
> >EDI. It's more cost effective to use some form of EDI-XML. In the mean
> >time some big companies will be forced to use some form of middle ware
> >between traditional EDI and EDI-XML. But sooner than later XML will
> >dominate the EDI market.
> >
> >
> >
> >It is simply wasteful to use traditional EDI flavors.
> >
> >
> >
> >
> >
> >
> >
> >Martin Z. Ford, CEO
> >
> >image001.gif
> >
> >Creating the Digital Community (tm)
> >
> >
> >
> >Hop Media, Incorporated
> >
> >P.O. Box 12593
> >
> >122 Cuvier Street
> >
> >San Francisco, CA 94112
> >
> >
> >
> >Tel: 415.333.5442
> >
> >Fax: 415.680.1703
> >
> >
> >
> >[EMAIL PROTECTED]
> >
> ><http://www.hopmedia.com/>http://www.hopmedia.com
> >
> >
> >
> >London, England: (+44 207) 900.2434
> >
> >Milan, Italy: (+39 02) 9544.1454
> >
> >Paris, France: (+33 1) 5301.4531
> >
> >Munich, Germany: (+49 89) 9218.5599
> >
> >
> >
> >
> >
> >-----Original Message-----
> >From: kurt Svensson [mailto:[EMAIL PROTECTED]]
> >Sent: Thursday, August 24, 2000 2:22 AM
> >To: Paul Williams; [EMAIL PROTECTED]
> >Cc: xmledi-group; rachelf; [EMAIL PROTECTED]
> >Subject: Re: Re[2]: Is the Internet/XML Going to Kill EDI?
> >
> >
> >
> >PaulPaul Williams wrote:
> >
> >
> >
> > >We use tools for translation and transmission which are well
> established,
> > >something which the XML world is lacking.
> >
> >
> >There are a lot of XML systems available today. Some of them are
> easier to
> use
> >
> >than EDI systems
> >
> >
> >
> >Kurt Svensson
> >
> ><http://www.inobiz.se>www.inobiz.se
> >
> >
> >
> >
> >
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>
>
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