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2004: Covisint purchased by Compuware

Line56 (2004) summarises the acquisition of Covisint by 

B2B software company Compuware. The article quotes 

Compuware CEO Pete Karmanos as predicting that 

the messaging and portal part of Covisint will contrib‑

ute $20 million in 2005, and will eventually become a 

$100  million‑  plus business in the automotive industry 

alone. The primary e‑procurement offering of Covisint is 

as a method of managing purchasing across the many 

different electronic business document formats includ‑

ing traditional EDI formats like ANSI X12 and EDIFACT 

along with XML purchasing formats such as OAGIS, 

STAR, RosettaNet and others. Different suppliers tend 

to have adopted different exchange formats, so a solu‑

tion that integrates them is helpful. Covisint continues 

to offer a portal solution both for manufacturers and 

their suppliers, who in turn have tier 2 or 3 suppliers. 

A study for Covisint by AMR Research suggested that 

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the Covisint Communicate service was found to help a 

company reduce the cost of developing and deploying 

a portal by up to 80% and reduce the annual cost of 

maintenance by 50%. You can see the portal solutions 

at www.covisint.com.