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B2B Integration : A Practical Guide to Collaborative E-commerce

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<strong>B2B</strong> <strong>to</strong> P2P Evolution 483<br />

2. Trace new buyers and sellers;<br />

3. Keep aggregates of all products offered for purchase and catalog<br />

sale;<br />

4. Maintain folders detailing products vis-a-vis prices for comparison;<br />

5. Provide workflow function <strong>to</strong> au<strong>to</strong>mate deal closing procedures<br />

consequent <strong>to</strong> finalization of negotiations; and<br />

6. S<strong>to</strong>re the terms of deals in archives after their consummation.<br />

16.4.5. Information discovery using search engines<br />

Search engines are among the most widely used applications based<br />

on P2P technology. According <strong>to</strong> Forrester research, approximately 2 C<br />

10 E 18 bytes of data is produced in the world every year, out of which<br />

only 3 C 10 E 12 bytes of data is published (i.e. only a single byte out<br />

of every megabyte of information generated is physically published).<br />

Even the most advanced search engines such as Yahoo, Altavista and<br />

Google search only a small fraction of the <strong>to</strong>tal information that is<br />

published. Therefore, current search engines cannot provide up-<strong>to</strong>-date<br />

and precise searches of electronic data like catalogs and industry news<br />

that is increasing at an exponential rate daily.<br />

Search engines are relevant in several aspects of <strong>B2B</strong> e-<strong>commerce</strong>.<br />

For example, buyers can search across suppliers' computers and see<br />

real-time prices. InfraSearch is a typical example of a P2P-based search<br />

engine. Its technology makes it possible for content companies <strong>to</strong> return<br />

more useful results when searched. For example, database-driven sites<br />

can retrieve formatted results from within their databases, which is not<br />

possible with typical search engines.<br />

16.4.6. Eliminate the need for cataloging in<br />

multiple formats<br />

P2P helps in resolving suppliers' problems of publishing, distributing<br />

and maintaining catalog information. It frees them from the hassle of<br />

distributing the catalogs in multiple formats, as expected by <strong>B2B</strong> emarketplaces<br />

and buyers. With P2P-based applications, suppliers have<br />

full control of data format.

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