This article covers meaning & overview of Value added network from operations perspective.
It is a private network used to exchange electronic data and network services. Prior to the inception of the internet companies used high value networks to transfer their data to other companies and paying monthly charges for them .
They were also given secure Id’s , encrypted data and EDI’ s. It is a type of mail where information is retrieved from the network by the receiver and replied through the network. However the text used is standardized or formatted which differentiates it from a email.
Example :
Easy link provides one of such value added networks supporting the following features .
Hence, this concludes the definition of Value added network along with its overview.
This article has been researched & authored by the Business Concepts Team which comprises of MBA students, management professionals, and industry experts. It has been reviewed & published by the MBA Skool Team. The content on MBA Skool has been created for educational & academic purpose only.
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