October 20, 2008
Korea Telecom ‘KT’ Expands Deployment of GXS’ B2B Software to Support EDI Transactions for 200,000 Companies
SEOUL, Korea and GAITHERSBURG, Md., Oct. 20 /PRNewswire/ -- GXS, a leading provider of business-to-business (B2B) e-commerce solutions, today announced that Korea Telecom (KT) has selected GXS B2B software to support electronic data interchange (EDI)-based transactions for more than 200,000 corporate customers. As Korea's leading telecom operator, KT provides a wide range of services to corporations throughout Korea. KT has rapidly expanded its product portfolio beyond traditional data networking offerings to include e-commerce services and is leveraging GXS integration broker technology as the foundation for its EDI product line. KT is upgrading and expanding its deployment of GXS software into a high availability (HA) configuration to provide greater scalability and reliability for its EDI services.
In Korea, the National Bureaus of Health and Pensions require that any company with more than ten employees submit pension and health related documents via EDI. KT provides a turnkey solution that enables small and midsize businesses, many of which lack sophisticated EDI capabilities, to comply with the government's reporting requirements. Since 2000, KT has worked with GXS to provide EDI services to companies and government organizations. This deployment further extends the relationship between KT and GXS and ensures that KT can continue to meet the growing demand for EDI services among Korean companies.
"For us, our customers are both the corporations that are sending the data as well as the government bureaus that need to receive that data. We have an obligation and a desire to serve both those customers with high quality and consistency," said Sung-won Kim, manager of Service Development at KT. "GXS gives us the capacity we need to serve all our current and future customers in a high availability configuration. In addition, GXS' experience with EDI in Korea makes them a perfect partner in successfully meeting our customers' needs."
The GXS Enterprise Gateway family of products is a suite of integration broker software that enables corporations to conduct B2B e-commerce with their entire trading partner community. As a component of GXS' integration services platform, GXS Trading Grid(R), Gateways combine transaction routing, data translation and business process integration capabilities within a single system. GXS Enterprise Gateway includes a single unified platform that can easily manage current and future business integration needs; real-time supply chain visibility and optimization; and complete trading partner community connectivity.
"GXS and KT have enjoyed a strong and mutually-beneficial relationship for eight years now. Throughout this relationship, we have actively collaborated with one another to meet the growing B2B integration needs of Korean companies," said Raymond Teh, vice president of Asia Pacific at GXS. "KT's experience in providing EDI services to companies Korea is unrivaled. We are pleased that the company anticipates further growth in its EDI customer base and are proud that KT continues to rely on GXS to support that growth. We anticipate further successful collaboration for years to come."
GXS is a leading global provider of B2B e-commerce solutions that simplify and enhance business process integration and collaboration among trading partners. Organizations worldwide, including more than 70 percent of the Fortune 500, leverage the on-demand services on GXS Trading Grid(R) to extend supply chain networks, optimize product launches, automate warehouse receiving, manage electronic payments and gain supply chain visibility. GXS Managed Services, GXS' B2B outsourcing solution, empowers customers with the expertise, technical infrastructure and program support to conduct B2B e-commerce with trading partners globally.
Based in Gaithersburg, Md., GXS has an extensive global network and has local offices in the Americas, Europe and Asia-Pacific regions. GXS can be found on the Web at http://www.gxs.com/.
KT, Korea's top integrated wired/wireless communications service provider, has been Korea's leader in the development of the information and communications business for the last 25 years. In the same time, it has helped turn Korea into an IT powerhouse with the world's leading technology in the operation of broadband service. With the commercial launch of the world's first wireless broadband service (WiBro), KT is paving the way for U-Korea with ubiquitous infrastructure through which people can share information wherever they are. For more information, please visit http://www.kt.co.kr/.
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Web site: http://www.gxs.com/http://www.kt.co.kr/