Digital River 2001 Annual Report Download - page 22

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This year, we invested substantial resources in developing,
refining and enhancing our world-class e-commerce platform.
Our next generation platform, Digital R iver X-Stream™, is
completely J2EE compliant and leverages the latest standards in
the areas of content caching, database access and thin client
capabilities that allow the system to be managed from any
browser, anywhere, anytime. The X-Stream commerce system
also provides our clients with the full spectrum of options in
deploying their e-commerce initiatives with complete outsourcing
on one end and in-house deployment on the other. Digital
R iver’s X-Stream allows our clients and their business partners
and customers to conduct both Internet and mobile based
buy- and sell-side sales processes online, incorporating browsing
and shopping, product catalog management, order management,
user management, merchandising and campaign management,
product searching, contract pricing, quoting, payment processing,
customer service and payment settlement.
By adding a packaged solution to our core offering, we can now
offer any company the option to buy our solution and manage it
in-house by themselves or outsource their entire e-commerce
operation to us, leveraging our scalable infrastructure. And if at
some point companies that have chosen to utilize the advantages of
Digital R iver’s outsourced commerce services decide to manage
their e-commerce operations in-house, the hosted application
can be quickly and seamlessly migrated to the clients’ servers.
This choice gives our clients a long-term plan for protecting the
integrity of their e-commerce solution and investment.
We are excited for the growth opportunities our broadened
capabilities present. We expect that these capabilities combined
with our plans to add new clients, grow our existing clients’
e-businesses, leverage the Internet’s organic growth and pursue
acquisitions will help ensure that Digital R iver’s best days are
ahead of us.
A new platform to serve companies with varying e-commerce needs
20