B2B20

B2B20 is a term used in industry discourse to describe the next generation of business-to-business commerce and collaboration. There is no single, universally accepted definition; the label is applied in different contexts to denote digital, platform-oriented approaches to B2B interactions that aim to improve efficiency, transparency, and innovation across firms.

At its core, B2B20 centers on platformization and interoperable data. Proponents emphasize API-driven integrations, standardized data schemas, and network effects that connect buyers, suppliers, and service providers. The idea often includes automated procurement workflows, AI-assisted supplier discovery, and digital contract and payment processes that reduce manual effort and cycle times.

Practically, B2B20 can manifest as online marketplaces, supplier networks, or ecosystems built around enterprise resource planning and procurement platforms. It also encompasses governance practices such as data stewardship, privacy controls, and transparent sourcing, as well as innovations like supply‑chain finance and blockchain-enabled provenance.

Critics note challenges including fragmentation of standards, security and privacy risks, and potential vendor lock-in. Adoption typically requires alignment across organizations, changes to legacy systems, and investment in integrations and data governance.