Forum for Science, Industry and Business

Sponsored by:     3M 
Search our Site:

 

Solutions for a Single European Electronic Market

16.06.2006
The European Commission’s goal of establishing a Single European Electronic Market (SEEM) is being given a boost by a project that has brought together experts and stakeholders from across the continent and beyond to identify challenges and recommend solutions.

The IST-funded SEEMseed initiative aims to “seed the development and implementation of the SEEM concept to create a virtual space where individuals and companies of any size can come together to do business without technological or linguistic restrictions,” explains project coordinator María José Núñez at AIDIMA in Spain.

A roadmap based on the input of more than a 1,400 experts, and public and private stakeholders is due to be published by the project in July, outlining what needs to be done from a business, technological and regulatory standpoint to make the SEEM a reality.

Though many small, mostly sector or area-specific electronic marketplaces have emerged on the internet in recent years, they remain highly fragmented and fall short of the SEEM goal of providing any company anywhere in Europe with easy, secure and trustworthy access to clients, suppliers and partners.

From a technological viewpoint the barriers to interoperability between the systems used by different firms need to be overcome, while new electronic market solutions need to provide access in various languages and be simple and cheap, “even free,” to deploy notes Núñez.

“This is especially important for small and medium enterprises, which make up the vast majority of companies in Europe,” she says.

The demand-driven electronic market model that emerged from SEEMseed’s consultations was put into practice in a multilingual prototype for the waste management sector that brought together industrial firms, transporters and waste processors. It was built around a registry of businesses in the sector and a repository of data related to business processes.

“A company in Spain that needs to dispose of hazardous materials could easily find a waste processor in France who can solve their problem, for example,” Núñez says. “They could also negotiate the contract and carry out other processes online.”

However, the prototype also underscored the regulatory and business challenges that need to be addressed to bring a continent-wide SEEM into being.

“Virtually all regulations are geared toward paper transactions. There is little legislation to support e-business models,” the coordinator notes.

On top of that there is also the issue of trust, with Núñez arguing that national authorities should be in charge of deciding which companies are allowed into the electronic market.

These challenges are not insurmountable, however, and although Núñez believes the road will be “long and difficult” she is confident that such a revolutionary marketplace will eventually emerge.

SEEMseed’s roadmap, she says, will probably be closely followed by the European Commission to ensure it does.

Tara Morris | alfa
Further information:
http://istresults.cordis.europa.eu/index.cfm/section/news/tpl/article/BrowsingType/Features/ID/82373
http://istresults.cordis.lu/

More articles from Information Technology:

nachricht Five developments for improved data exploitation
19.04.2017 | Deutsches Forschungszentrum für Künstliche Intelligenz GmbH, DFKI

nachricht Smart Manual Workstations Deliver More Flexible Production
04.04.2017 | Deutsches Forschungszentrum für Künstliche Intelligenz GmbH, DFKI

All articles from Information Technology >>>

The most recent press releases about innovation >>>

Die letzten 5 Focus-News des innovations-reports im Überblick:

Im Focus: Making lightweight construction suitable for series production

More and more automobile companies are focusing on body parts made of carbon fiber reinforced plastics (CFRP). However, manufacturing and repair costs must be further reduced in order to make CFRP more economical in use. Together with the Volkswagen AG and five other partners in the project HolQueSt 3D, the Laser Zentrum Hannover e.V. (LZH) has developed laser processes for the automatic trimming, drilling and repair of three-dimensional components.

Automated manufacturing processes are the basis for ultimately establishing the series production of CFRP components. In the project HolQueSt 3D, the LZH has...

Im Focus: Wonder material? Novel nanotube structure strengthens thin films for flexible electronics

Reflecting the structure of composites found in nature and the ancient world, researchers at the University of Illinois at Urbana-Champaign have synthesized thin carbon nanotube (CNT) textiles that exhibit both high electrical conductivity and a level of toughness that is about fifty times higher than copper films, currently used in electronics.

"The structural robustness of thin metal films has significant importance for the reliable operation of smart skin and flexible electronics including...

Im Focus: Deep inside Galaxy M87

The nearby, giant radio galaxy M87 hosts a supermassive black hole (BH) and is well-known for its bright jet dominating the spectrum over ten orders of magnitude in frequency. Due to its proximity, jet prominence, and the large black hole mass, M87 is the best laboratory for investigating the formation, acceleration, and collimation of relativistic jets. A research team led by Silke Britzen from the Max Planck Institute for Radio Astronomy in Bonn, Germany, has found strong indication for turbulent processes connecting the accretion disk and the jet of that galaxy providing insights into the longstanding problem of the origin of astrophysical jets.

Supermassive black holes form some of the most enigmatic phenomena in astrophysics. Their enormous energy output is supposed to be generated by the...

Im Focus: A Quantum Low Pass for Photons

Physicists in Garching observe novel quantum effect that limits the number of emitted photons.

The probability to find a certain number of photons inside a laser pulse usually corresponds to a classical distribution of independent events, the so-called...

Im Focus: Microprocessors based on a layer of just three atoms

Microprocessors based on atomically thin materials hold the promise of the evolution of traditional processors as well as new applications in the field of flexible electronics. Now, a TU Wien research team led by Thomas Müller has made a breakthrough in this field as part of an ongoing research project.

Two-dimensional materials, or 2D materials for short, are extremely versatile, although – or often more precisely because – they are made up of just one or a...

All Focus news of the innovation-report >>>

Anzeige

Anzeige

Event News

Expert meeting “Health Business Connect” will connect international medical technology companies

20.04.2017 | Event News

Wenn der Computer das Gehirn austrickst

18.04.2017 | Event News

7th International Conference on Crystalline Silicon Photovoltaics in Freiburg on April 3-5, 2017

03.04.2017 | Event News

 
Latest News

DGIST develops 20 times faster biosensor

24.04.2017 | Physics and Astronomy

Nanoimprinted hyperlens array: Paving the way for practical super-resolution imaging

24.04.2017 | Materials Sciences

Atomic-level motion may drive bacteria's ability to evade immune system defenses

24.04.2017 | Life Sciences

VideoLinks
B2B-VideoLinks
More VideoLinks >>>