BERLIN (06/26/2000) - Yahoo Inc., building on its success as an Internet portal for individual users, is now seeking to tap the business market.
In a statement Monday, the company announced a new enterprise information portal called Corporate Yahoo. The service will allow companies to offer their own employees a customized Web home page that integrates internal corporate information with Yahoo's own content, such as news headlines and stock quotes, all accessible via Yahoo's now familiar desktop interface.
The portal, developed in conjunction with Tibco Service Inc., resides behind a corporate firewall, making it possible to integrate information from a company's existing intranets, databases and enterprise applications without security risk, Yahoo said.
Enterprise information portals help companies keep their own employees in the loop, said analyst Andy Kyte of the Gartner Group Inc. "Company intranets need to have stickiness in order to keep people on them. We're talking about independent knowledge workers using a PC as part of their daily job," he said.
"If the intranet portal doesn't provide easy access to a range of services, then the knowledge worker will never visit the intranet -- and hence will never see company notices."
Unlike Yahoo's mainstay Web portal, which is supported by advertising revenue, corporate portals are offered as a fee-based service to companies. But the service isn't expected to be a major revenue source. According to Kyte, a high degree of competition in the market means businesses "are in a good position to get reasonable service at a reasonable price."
Yahoo listed four customers it said have signed up to use the new service; but only one, the government of the U.S. State of North Carolina, is not also listed as a supplier or business partner of Yahoo.
Yahoo, based in Santa Clara, California, can be reached at +1-408-731-3300 or on the Web at http://www.yahoo.com/.