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 Cloud technology: Dynamic certificates make cloud service providers more secure
15.01.2018 | Technische Universität München

nachricht New discovery could improve brain-like memory and computing
10.01.2018 | University of Minnesota

All articles from Information Technology >>>

The most recent press releases about innovation >>>

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

Im Focus: Artificial agent designs quantum experiments

On the way to an intelligent laboratory, physicists from Innsbruck and Vienna present an artificial agent that autonomously designs quantum experiments. In initial experiments, the system has independently (re)discovered experimental techniques that are nowadays standard in modern quantum optical laboratories. This shows how machines could play a more creative role in research in the future.

We carry smartphones in our pockets, the streets are dotted with semi-autonomous cars, but in the research laboratory experiments are still being designed by...

Im Focus: Scientists decipher key principle behind reaction of metalloenzymes

So-called pre-distorted states accelerate photochemical reactions too

What enables electrons to be transferred swiftly, for example during photosynthesis? An interdisciplinary team of researchers has worked out the details of how...

Im Focus: The first precise measurement of a single molecule's effective charge

For the first time, scientists have precisely measured the effective electrical charge of a single molecule in solution. This fundamental insight of an SNSF Professor could also pave the way for future medical diagnostics.

Electrical charge is one of the key properties that allows molecules to interact. Life itself depends on this phenomenon: many biological processes involve...

Im Focus: Paradigm shift in Paris: Encouraging an holistic view of laser machining

At the JEC World Composite Show in Paris in March 2018, the Fraunhofer Institute for Laser Technology ILT will be focusing on the latest trends and innovations in laser machining of composites. Among other things, researchers at the booth shared with the Aachen Center for Integrative Lightweight Production (AZL) will demonstrate how lasers can be used for joining, structuring, cutting and drilling composite materials.

No other industry has attracted as much public attention to composite materials as the automotive industry, which along with the aerospace industry is a driver...

Im Focus: Room-temperature multiferroic thin films and their properties

Scientists at Tokyo Institute of Technology (Tokyo Tech) and Tohoku University have developed high-quality GFO epitaxial films and systematically investigated their ferroelectric and ferromagnetic properties. They also demonstrated the room-temperature magnetocapacitance effects of these GFO thin films.

Multiferroic materials show magnetically driven ferroelectricity. They are attracting increasing attention because of their fascinating properties such as...

All Focus news of the innovation-report >>>

Anzeige

Anzeige

Event News

10th International Symposium: “Advanced Battery Power – Kraftwerk Batterie” Münster, 10-11 April 2018

08.01.2018 | Event News

See, understand and experience the work of the future

11.12.2017 | Event News

Innovative strategies to tackle parasitic worms

08.12.2017 | Event News

 
Latest News

Let the good tubes roll

19.01.2018 | Materials Sciences

How cancer metastasis happens: Researchers reveal a key mechanism

19.01.2018 | Health and Medicine

Meteoritic stardust unlocks timing of supernova dust formation

19.01.2018 | Physics and Astronomy

VideoLinks
B2B-VideoLinks
More VideoLinks >>>