What is VAN full form in a Computer?
The VAN full form on the Computer is Value Added Network. A value-added network (VAN) is a private, hosted service that enables businesses to securely exchange and share data with their counterparties. Value-added networks were a popular method for facilitating electronic data interchange between enterprises.
How does a VAN work?
Large corporations, industry consortiums, and telecommunications companies typically employ value-added networks to manage their supply chains more efficiently with their suppliers. VANs often work in a mailbox environment, in which a corporation transmits a transaction to a VAN, which places it in the receiver’s mailbox. The receiver contacts the VAN, accepts the transaction, and then sends its own.
Application of VAN in the Internet Era
The Internet’s widespread use has reduced the appeal of VANs, owing primarily to economic issues. Put, moving data over the Internet is typically less expensive than paying the minimum monthly costs and per-character rates seen in traditional VAN contracts. VANs have handled the internet challenge by focusing on specialized industry verticals such as healthcare, retail, and manufacturing. These sectors have specific data integrity and security requirements, making VANs a truly value-added solution.