Industry Terminology

A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W | XYZ

Value Proposition – What does the hub offer to members? To be truly effective, the value proposition has to be two-sided: A benefit to both buyers and sellers.

VCN – Virtual Commerce Network.

Vertical Hub – Serving one specific industry.

Viral Marketing – Word-of-mouth that really gets contagious. The best way to build a brand.

VoIP – Voice Over IP.

VPN – Virtual Private Networks.

VTS – Virtual Tape Subsystem. Tape library hardware and software extensions that utilize DASD buffering to multiply the tape device count, throughput and storage density of tape library systems.