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Study: B-to-b Net companies to realize cost savings of $57B by 2003

Published on .

New York--A new Bear, Stearns & Co. study estimates that the processes being introduced by Net-based b-to-b companies will result in their customers' realizing product and marketing cost savings of $57 billion by 2003. B-to-b online hubs that aggregate information, improve market reach and in many cases automate transactions are already boosting businesses' bottom lines, according to the study. Bear Stearns incorporated more than 200 online business-to-business companies in its study. The study also predicts that Web-based b-to-b companies will have a combined stock valuation of $228 billion by 2002.
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