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Collaborative communities, a new model for B2B e-commerce, may change the face of trading exchanges as we know them.
Practically overnight the Internet created zillions of dollars of net worth in start-ups and not-so-new "portal" companies that provide Internet-based, many-to-many trading exchanges where buyers and sellers congregate to transact business. But the hype that these portals has attracted to date far outweighs the real usefulness of such portals. The bottom line: In less than 12 months the Internet and its hyper-speed consumption and adaptation of business processes has claimed yet another victim through the birth, growth, short-spaced maturing, and death of the trading exchange as we know it.
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