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The COINS-etc product was launched late in 2004 and has seen rapid growth of 90% between 2005 and 2006; this trend is continuing into 2007. Today we are seeing construction transaction levels approaching one million per annum through COINS-etc. The number of national and regional suppliers joining the exchange has rapidly grown to 70 and there are now over 50 construction companies actively trading. This represents in the order of 500 trading connections, and positions COINS-etc as the leading electronic trading community within the construction industry. The more suppliers in the chain, the greater the benefit to COINS customers who use COINS-etc in terms of productivity and competitive advantage. For suppliers, accessibility to their customers and ease of doing business with them are among the major benefits. |