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Investor Research Center
October 14, 1999
C-BRIDGE INTERNET SOLUTIONS INC (CBIS)
S-1 Filing (SEC form S1)
We are a full service provider of eBusiness solutions which help companies create strategic business solutions through the use of Internet technologies. We add value to our clients by incorporating our expertise in business issue diagnosis and resolution, business and technology strategy development and the delivery of advanced Internet applications and eBusiness solutions. Additionally, we offer clients executive eBusiness education services on topics relevant to senior executives' efforts to successfully develop and implement Internet technologies and eBusiness strategies.
We help companies interact effectively, both internally with employees and externally with vendors, suppliers and customers, by employing eBusiness solutions. We educate senior-level executives from Global 1000 companies at executive education seminars around the world, diagnose new business strategies and systems architectures shortcomings and then deliver strategic eBusiness solutions that are designed to enhance our clients' core businesses, operations and communications.
We deliver our services through our proprietary methodology that provides an integrated framework for each stage of a client engagement. The methodology is based on a number of underlying principles:
. value driven;
. iterative development and change management;
. design patterns and reusable software; and
. proactive risk management.
Our diagnosis services are structured to improve our clients' understanding of the power and potential of eBusiness solutions. During the diagnosis phase we work with clients to help them understand the various ways to incorporate Internet technologies into their business strategies, enable them to identify and quantify prominent business opportunities where the Internet can be leveraged to gain a competitive advantage and realize business value, evaluate their current Internet capabilities and explore and create a vision of how a chosen Internet strategy will result in measurable business value.
We use standard design patterns and reusable software components to assemble our eBusiness solutions, increase reliability and product quality, reduce costs and keep project teams focused on delivering business functionality. Application development efforts are based on well-defined specifications with release schedules that are closely aligned with business priorities.
We believe we are well-positioned to capitalize on the opportunity presented by the rapid growth of the Internet. According to International Data Corporation, the amount of commerce conducted over the Internet will exceed $1.0 trillion by 2003. Faced with growing competition, deregulation and globalization, companies are increasingly looking to utilize Internet technologies to help build a competitive advantage. However, companies frequently require major technology investments in order to realize the full value of their Internet strategies and often need outside technical expertise to identify and evaluate viable Internet tools, develop feasible systems architectures and implement strategies. The market for third-party Internet professional service providers who perform these services has grown significantly in recent years. International Data Corporation has forecasted that the size of this market will grow from $7.8 billion in 1998 to $78.5 billion by 2003.
Our goal is to become the leading provider of eBusiness services to Global 1000 companies. To achieve this objective, we are actively pursuing the following strategies:
. continue to enhance our eBusiness framework and design patterns;
. develop and expand client relationships;
. capture and disseminate reusable knowledge and best practices;
. leverage and expand our industry-specific expertise; and
. expand our geographic presence.
We provide our services primarily to Global 1000 companies. Our customers include Allmerica, Chevron, General Motors, Liz Claiborne, Polo Ralph Lauren and Toyota. Our eBusiness solutions are designed to increase sales and improve communications both internally and externally in order to achieve greater customer satisfaction and enhance business identity.
Examples of a few of our business solutions include:
. creating an Internet-based solution that connects 8,000 Chevron gas
stations and convenience stores in order to recognize greater revenues
and profits by utilizing better economies of scale to assist Chevron
and its franchisees in optimizing their product mix and services;
. improving the Internet-based parts ordering system of Aviall, the
largest independent distributor of original aviation parts, to improve
speed and functionality as well as to provide additional electronic
. working with Aquent, formerly MacTemps, the world's largest placement
agency, to develop an eBusiness solution that addresses the changing
temporary placement market and extends Aquent's traditional placement
capabilities to the Internet; and
. refocusing Central Carolina Bank's eBusiness strategy towards specific
revenue-driven, customer-centric responses to banking patterns in the
industry to enable them to use the Internet to offer value-added
products and services, acquire and retain customers and increase cross-
selling of banking products.
C-bridge was organized as a Delaware corporation in October 1996.
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