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Pandesic

Topic: Finance

 From HandWiki - Reading time: 1 min

Pandesic (/pænˈdɛsɪk/ pan-DESS-ik[1]) was an Intel-SAP joint venture founded in August 1997 intended to sell software and hardware to support e-commerce.[2] In July 2000, it was shut down after failing to find "a timely road to profitability".[3][4]

The company's failings inspired a Harvard Business School case study.[5]

References

  1. ↑ "Pandesic introduction video (partial)". May 2008. https://vimeo.com/962014#t=27s. Retrieved 29 December 2019. 
  2. ↑ Kane, Margaret (August 5, 1997). "Intel, SAP team up on E-commerce venture". ZDNet. https://www.zdnet.com/article/intel-sap-team-up-on-e-commerce-venture/. 
  3. ↑ Vance, Ashlee (July 31, 2000). "Intel/SAP e-commerce venture collapses because of losses". Computerworld. https://www.computerworld.com/article/2596596/e-commerce/intel-sap-e-commerce-venture-collapses-because-of-losses.html. Retrieved November 2, 2015. 
  4. ↑ Benjamin, Matthew (August 9, 2000). "Pandesic's Success Recipe Lacked Right Ingredients". Investor's Business Daily. http://news.investors.com/technology/080900-351740-pandesics-success-recipe-lacked-right-ingredients.htm. Retrieved November 2, 2015. 
  5. ↑ "Pandesic: The Challenges of a New Business Venture (B)". https://hbr.org/product/pandesic-the-challenges-of-a-new-business-venture-/an/399130-PDF-ENG. Retrieved 2015-11-17. 



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