Online ratings to differentiate e-marketplace

NTT Communications'' MRO goods procurement marketplace aims to provide online traders with e-finance tools using Coface Group''s @rating credit rating system.

The maintenance repair operations MRO market has been a popular choice to e-enable. The repetitive and routine nature of purchasing such products in what are often fragmented markets has meant that a plethora of online marketplaces have sprung up. Analysts, however, predict that many will fail as the number of marketplaces grow disproportionately to overall market size.

NTT Communications, a subsidiary of Nippon Telegraph and Telephone Corporation, is one such company that has jumped into the fray with .com Co-Buy, a MRO goods procurement online marketplace. The communications giant's latest partnership with Coface Group, an international credit risk related service company, may just make it stand out from the pack, ...

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