FRAMINGHAM (04/20/2000) - Business-to-business Internet service provider NewMediary.com Inc. last week launched an online marketplace (www.newmediary.com) dedicated to Internet-related services - from Web site design, hosting and e-commerce providers to Web-savvy law firms, public relations agencies and consultants. Access to Newtonville, Massachusetts-based NewMediary.com's site and request for proposal (RFP) service is free to users.
Vendors also have free access to the Web site and can create a basic vendor profile. They can purchase vendor directory packages to respond to buyer-posted RFPs and add the information to their company profiles.
Schools Make Profit
The New York City Board of Education on April 12 voted to launch the first kindergarten-through-grade-12 revenue-generating Internet portal in the country. The revenue would be used to buy hardware, including laptops for every fourth-grade student and teacher, beginning next year. The plan would also provide e-mail addresses for the city's 1.1 million students and 150,000 teachers, administrators and support personnel, the board said.
Wireless Use Soars
Wireless subscribers increased by 24% last year, according to an annual survey released earlier this month by the Cellular Telecommunications Industry Association (CTIA) in Washington. The survey of 3,216 wireless systems in the U.S. - out of the 3,518 in operation - showed that there were 86 million subscribers last year, up from 69 million in 1998 and 55 million in 1997.
Revenue reached $40 billion in 1999, up from $33 billion in 1998, according to the CTIA survey. The average local monthly bill for last year was $41.24.
Training Tax Credit
To help combat the state's shortage of information technology workers, Arizona Gov. Jane Dee Hull said earlier this month that she plans to sign a bill that would provide tax credits of up to $1,500 per year for IT training. If passed, the Technology Training Tax Credit Act would be the first such legislation in the U.S. The bill was spearheaded by industry associations, including the Arizona Software & Internet Association in Scottsdale and the Information Technology Association of Southern Arizona in Tucson.
A study of online retail activity reports that electronic sales more than doubled last year, reaching $33.1 billion in North America. The study, conducted by online retailing trade association Shop.org in Silver Spring, Maryland, and The Boston Consulting Group, predicts the figure will climb to $61.1 billion by year's end. Travel, computer hardware and software, and financial brokerage services led e-commerce sales last year, accounting for $20.1 billion, according to the report, which was based on data from the survey of 221 online retailers.
Net Growth Predicted
Internet market makers are predicting explosive growth and migration to next-generation solutions, according to a study released last week by global management consulting firm A. T. Kearney Inc. in Chicago. The study, commissioned by e-commerce solutions provider Casbah Corp. in San Jose, also reported that market makers foresee a major shift in revenue sources from transaction fees to value-added services like logistics, escrow and payment services, inventory management and order fulfillment. The study was based on more than 85 interviews with Internet market makers serving 10 industries.