Bizee.com Opens Portals E-Commerce
Bhambhani, Dipka, The Washington Times (Washington, DC)
Farid N. Ghadry has dabbled as an entrepreneur, from exporting gold mined from old Russian computers to creating a home shopping channel in the Middle East.
Now he is starting anew in the fertile fields of electronic commerce in the United States.
"I take a tremendous amount of risk and I am fascinated by the unusual. The conventional bores me to death," he said.
Rockville-based Bizee.com, Mr. Ghadry's latest venture, is a global Internet portal for business-to-business communication and e-commerce. The service helps businesses conduct e-commerce and tailors Web portals to the needs and interests of individual employees.
"We really power employees," Mr. Ghadry said.
"We aggregate information and deliver it so you don't have to go out and fish all over Web sites," he said.
Using software he developed, called SmartPortals.objects, the portals help companies with day-to-day business tasks like on-line billing and Internet conference calls.
"The SmartPortal is a solution that a lot of companies have been looking for," Mr. Ghadry said. "We cut down on cost and we cut down on time."
The portals, which start at $50,000, allow for secure private network e-mail, similar to networks used by the National Aeronautics and Space Administration and other federal agencies. Bizee.com also includes bulletin board features for forum discussions, on-line auctions, classified advertising and a secure Internet chat arena.
A chief executive, for example, might want his personal portal to include news stories and press releases about the company's competition, a live stock portfolio updated every few minutes, or an option for his daily conference call. Bizee.com will even send an e-mail to the executive with transcribed notes from the meeting.
A human resources manager, on the other hand, might want information about new benefits or employee information.
Mr. Ghadry started the company in July 1999 with just nine employees and an initial investment of about $1 million. But he hopes to earn $2 million in revenue by the end of this year.
Mr. Ghadry, always on the lookout for new ventures, said he noticed a void in modern businesses that he could fill with Bizee.com. Within the massive market for business-to-business commerce, he sees a solid niche in Web portals. …