Am-Beo to provide web services rating

Using Cape Clear(tm)Software's web services platform, CapeConnect(tm), Am-Beo, is to provide companies with the means to rate and price web services.

Am-Beo is a provider of rating and revenue chain management for the communications industry.

As web services proliferate both inside corporate firewalls and across the internet, a growing number of organisations are seeking to provide commercial web services-based applications to customers and partners.

A barrier to providing commercial web services is the ability to rate and price the offered services, as well as to manage the associated revenue chain.

Based on open internet standards, web services enable developers to construct applications using any platform, application, or programming language, resulting in the creation and delivery of new applications and services online.

Galway company Am-Beo was founded in 2000, most of the founders having come from Saville Systems which was taken over by ADC Communications in 1999.

The company received funding of £1.5m (€1.9m from Enterprise Ireland in the form of grant aid in January, 2001.