Online retailing, crowdsourcing and Big Data are all going to play a significant part in the B2B industry. According to predictions released by B2B integration services provider, 2013 is in for some major changes.
The company’s experts in Cloud Computing, Retail, Manufacturing, e-Invoicing and more have listed some important points:
1. Continued Threat of Distributed Denial-of-Service (DDOS) Attacks will Drive Banks to Migrate Corporate Clients to Host-to-Host Channel – Financial institutions will push commercial clients to migrate to host-to-host transmission models. These more secure file-based channels have a lower risk of disruption from distributed denial-of-service (DDoS) attacks.
2. Competition in Emerging Markets will Drive Significant Growth in Managed File Transfer for Manufacturers– Manufacturers will decentralise product design functions to fast-growing markets closer to end-customers, like China and Brazil. This change will drive the need for better Managed File Transfer of CAD/CAM diagrams.
3. 2013 will be the Watershed Year for e-Invoicing- The potential benefits of e-Invoicing have been recognised for many years. But, 2013 will finally witness a critical mass of adoption due to enforcement of government mandates and the desire to accelerate payment terms.
4. US Businesses Will Expand Use of EDI Documents in the Supply Chain – With the debt ceiling issues temporarily behind us, the US economy will see an uptick in consumer demand and manufacturing output. To keep pace with the changes, companies will invest in supply chain automation technologies including ASNs, PO Changes and other EDI transactions.
5. 2013’s Supplier of the Year – The Crowd – As crowdsourcing moves from a risky experiment to a mainstream approach to business, it will create a need to do business electronically and a new challenge for the B2B market.
6. Re-shoring will lead to an Increase in B2B Integration –Rising labor costs, supply chain risk and logistical challenges will cause manufacturers to re-shore some of their activities to Western locations. To remain cost competitive, manufacturers will need to further invest in connectivity and integration with their business partners.
7. Online marketplaces will Shape the Collaboration Agenda in Retail- Withthe recent omnichannel commerce surge, brands now have a better understanding of the product data consumers need to make informed online purchases. In 2013, brand owners will start to more aggressively share item attribute information with online marketplaces and etailers.
8. Social B2B graphs will Embrace Capabilities from their Consumer-Oriented Counterparts and add Role-Driven, Dynamic “Circles”- Social graphs for businesses will gain importance as B2B networks begin to map the relationships between customers and suppliers. B2B networks will also begin to create “circles” to better manage their different types of partners.
9. Big Data and B2B Integration Cloud Platforms will enable Predictive Analytics to Improve Supply Chain Performance– Companies will combine the unstructured buying behavior information data from omnichannel commerce with the supply chain data to create a holistic approach to predictive supply chain analytics and a better understanding of how to achieve their desired outcomes.
10. Supply Chain Network Providers will Simplify Master Data Management for all of us, finally –Now that supply chain network providers have reached massive scale, in 2013 businesses will create generic and portable profiles of the information they share among trading partners.
Source Article from http://www.retail-digital.com/retail_technology/online-retailing-crowdsourcing-big-data-will-rule-the-roost-in-2013
