PPT Slide
Business to business ecommerce receives far less press than the consumer side, yet it is expected to be 10 to 20 times larger.
- Internet promises low cost solution, replacing expensive EDI, and multiplying transaction volume
- Companies are ready for ‘the next big thing’- BPR done, Y2K winding down
- Customers’ professional expectations are set by their personal EC experiences
Projected eCommerce Revenue Growth
Source: Forrester Research, 11/98
- Cisco alone did $8 billion in 1998
- $1.3 trillion is only 9.4% of total ‘03 sales transactions