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B2B Integration : A Practical Guide to Collaborative E-commerce

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318 <strong>B2B</strong> <strong>Integration</strong> — A <strong>Practical</strong> <strong>Guide</strong> <strong>to</strong> <strong>Collaborative</strong> E-<strong>commerce</strong><br />

• The Yankee Group predicts that the market for network and computer<br />

security will reach more than $10 billion by 2003, up from $2.3<br />

billion in 1998.<br />

• By 2005, the managed security service provider market will grow <strong>to</strong><br />

over US$2.6 billion. Managed service providers (MSP) will try <strong>to</strong><br />

integrate the needs of e-<strong>commerce</strong>, Web hosting, IP virtual private<br />

networks (VPNs) and managed security services.<br />

ESTABLISHING ELECTRONIC COMMERCE VIA<br />

CERTIFICATE AUTHORITIES<br />

Security Considerations for OASIS Electric Utility Websites<br />

OASIS (open access, same-time, information systems) is a project<br />

that facilitates transactions of wholesale electricity <strong>to</strong> utilities and<br />

corporate cus<strong>to</strong>mers nationwide. OASIS was designed by the Joint<br />

Transmission Services Information Network (JTSIN), a consortium<br />

of regional electric utility cooperatives.<br />

OASIS emerged when the Federal Energy Regula<strong>to</strong>ry Commission<br />

(FERC) mandated that wholesale buyers, sellers and distribu<strong>to</strong>rs of<br />

electric power have equal access <strong>to</strong> information about power transmission,<br />

availability and pricing. Previously, wholesalers and corporate<br />

cus<strong>to</strong>mers used <strong>to</strong> rely on personal contacts <strong>to</strong> find electricity at<br />

bargain prices; now all information on pricing and available power<br />

grid capacity is open <strong>to</strong> them via the Internet through the secure<br />

VPNs created by OASIS.<br />

JTSIN outsourced project development <strong>to</strong> BSG, Cegelec ESCA<br />

Corp., with TradeWave Corporation as the developer of the system's<br />

security architecture.<br />

OASIS went online in January 1997 and consists of over 500<br />

separate entities and market makers in the electric power industry,<br />

trading an estimated $35 billion in transmission capacity, making it<br />

one of the largest e-<strong>commerce</strong> projects (see Figure 10.20).<br />

Information surrounding the availability and pricing of electricity,<br />

like that of any commodity, must remain confidential. A system that<br />

Continue on page 319

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