Robert Doyle
Paramus, NJ (USA)
Role(s):
ergomundus
Find More Startups
Startup
Location:
Paramus
Industry:
Internet
Year Founded:
2006
Number Employees:
INVALID
Description:
EXECUTIVE SUMMARY
Ergomundus transforms paper document processing of international trade transactions into an automated procedure. Content management/work flow methodol¬ogy uses the Internet as a communi¬cations medium and grid computing for data search and retrieval. Processing expense and time is significantly reduced, allowing businesses of any size entry into the international trade marketplace.
Since the late 1960s international trade volume has increased more than 45-fold to $11/€8 trillion in 2005. As volume grew, multina¬tion¬als and large companies began to dominate global trade, creating a severe busi-ness size/trade volume imbalance. In 2003, 6,808 multinational and large companies conducted 73 percent of US trade, 212,382 small/medium-sized companies accounted for the bala