Environment has been created by the use of Internet enabling technologies. This has evolved into the aorta of the modern business world. The use has of these technologies to efficiently transfer various kind os product to just about anywhere in the world has caused utilization of these technologies to increase exponentially over the last few years. Forget even the word “decade”.
The growth has mainly been focused in three areas: travel, electronics, and books. The latter, of course, being led by Amazon.com. The total growth in these sectors was immense with a total on-line revenue of 175 billion dollars in 2007, and that was seven years ago. This growth has since been impacted by the global economic slump, but it is still healthy growth by any standards. It not expected to recede any time in the near or mid-to-near future.
The whole problem is that this is not new business. Start-ups are really merely stealing business from the traditional bricks and mortar businesses. These e-business companies are being forced to generate an on-line presence and are discovering the same as the stat-ups: This is a really cheap and efficient way to conduct e-business.
Most of the traditional guys cannot wind up their concrete presence altogether because of the nature of their operations. The likes of Gucci and Ralph Lauren might find life difficult in an exclusively digital world. But the new guys are still giving thanks for technologies that provide revenue increases up to four times per employee over the “other” guys, and it does not cost them one red cent extra!!
0 comments:
Post a Comment