Software Defined Business Network
What we offer
The need in the industry for facilitating transactions, research collaborations, and the sourcing of finance for smaller companies was the driving force behind the foundation of OpenXccess. We assist investors' portfolio companies to raise further finance through new investors and/or corporate deals that also facilitate appropriate exit strategies and provide validation for public markets. Corporate deals are crucial to small companies and investors therefore can and do play a key role in driving corporate deals, much like they drive IPOs. There is an underlying need for alliances on the part of large corporations in order to fuel growth through access to new products and technologies. Whereas the need for partnerships in general has become the norm in the industry, it is still a very specialised field, where people with expertise are crucial for success and internal company resources are often in need of additional support.
Technology at the Core of Business Success
With the disruption caused by digital and the unification of channels, players in this sector face many challenges. From optimization of every process such as planning, procurement and fulfillment to creating seamless and optimal user experiences on every channel, distributors and wholesalers could turn these hurdles into opportunities. The Open Market Network will not only open new markets and differentiate from competitors, optimized operational efficiencies will increase profitability.
Rise of Platform Economy Access to capital
The economy is becoming increasingly digital and the digital commerce and financial system needs to adapt to these changing demands. The nature of commerce is changing as new technologies shape a new economy. An increasing amount of activity is taking place online as platforms enable direct connections between people and businesses globally. These online interactions are generating vast quantities of data that are being used to improve and personalise products and services. Online platforms have enabled a digital economy, facilitating a shift away from asset ownership amongst some cohorts of the economy. The decline in asset ownership reduces the ability for these groups to access certain financial services, such as secured lending, given the lack of collateral they can provide. And, as the economy has become increasingly capital light, flexible and dynamic, the financial system has become more reliant on the value of intangible assets. A digital platform economy is emerging, creating online structures that enable a wide range of human activities. This opens the way for radical changes in how we work, socialize, create value in the economy, and compete for the resulting profits. Their effects are distinct and identifiable, though certainly not the only part of the rapidly reorganizing global economy. Digital platforms are multisided digital frameworks that shape the terms on which participants interact with one another. The application of big data, new algorithms, and cloud computing will change the nature of work and the structure of the economy.
OUR PILOT TO LAUNCH PROGRAM
We are close to launching our first closed loop pilot. The public beta program will begin in mid 2023 followed by Commercial Launch by end of 2023. This will lead to general availability of the Open Market Network enabling global trade and finance.