Web based environment is the most effective and widely preferred
application. Electronic business or e-portal is a worldwide phenomenon
that will have significantly impact on national economies, businesses
and consumers in the new Millennium. It is the new way of doing
business, which will supersede many traditional commercial
relationships.
Real e-commerce revolution goes beyond cost saving. It is about
reinventing companies and market places. E-commerce reduces time to
market, improves quality, and opens up new markets. It creates new
functions, new revenue streams, and new business models delivering new
value to customers. It fosters regional and multinational co-operation
motivated by businesses and entrepreneurs participating in the
electronic commerce. |