Quick Reference Guide

1. Link-2-Future:

E-Business covers 3 major types: E-Commerce, E-Learning and E-Government. It is the future direction of growth. This is facilitated by availability of Internet and IT solutions. It is essentially a "many to many" Internet enabled IT solution, often called an "exchange".

Most businessmen are likely to adopt E-Commerce for use in different transactions, such as between companies and customers (B2C), in-between companies (B2B) and between their own offices (Intranet Portals).

E-learning is receiving "Education & Training" without physical travel to centers of learning daily. It is supported by multi-media IT solutions to facilitate faster comprehension and auto-testing. It saves cost and time to those who learn and increased access to high quality Educational and Training resources, anytime, anywhere and by anyone on an interactive basis (as if they are all "virtually" together in a class room with a teacher).

E-Government is a composite of several IT solutions beginning with communication between different departments and payments for Government regulated services to consumers such as paying bills (eBP).

2. Many Benefits:

The reasons for this preference to E-Com are the major benefits. These are:

a) Lower unit cost of transactions (by more than 50%)

b) Facility for instantaneous transactions, and recording electronically.

b) Up-to-date Information for decision making with in the company.

c) Payment from customers faster than all other conventional modes.

d) Customer reach can be wider in the "borderless world"

e) Quickly expand the products/services range frequently, without having to "reprint"

f) Help customers monitor their delivery status at all times automatically.

f) Audit trail as transactions can be traced clearly with in the organization.

g) Avoids the cost and trouble of physical travel, to do transactions.

3. Time and Cost:

These benefits result in more revenues, lower costs with short gestation period. The cost is low for simple installations starting from US$ 50,000 and increasing with complexity of business process and better features, depending on number of end users .

4. Type of Business:

E-Com can be adopted for several type of business, whether dealing in Products or services. The transactions are usually done via a "Exchange". If the company already has a portal, it is easier to join the exchange. It is more necessary for companies, whose competitors and customers are already in such an exchange.

5. Size of the Organization:

Organization who set up E-Com, or E-Learning or E-Government have to plan these being used by end users more than 1,000 in number at least once a day over a wide geographical area, for significant cost advantages

The end users can be both big and small organizations or even individuals for the simple reason it is individual transaction oriented. It is a "counter" that is always open.

6. Single location outlets / individuals :

Such end-users can benefit from E-business only by joining networks or exchanges

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7. Cost of inaction:

If a business does not adopt its systems to E-Com and ignores E-Learning then it not only loses opportunity to get more business but also helps its own competition. The E-com enabled business can earn more, spend less on purchases and save on internal costs, all the same time. E-Government is beneficial to both the government and citizen by reducing barriers in communications.

8. FREE Evaluation:

Not all situations are suitable for e-Business. Your present business can be evaluated for E-Com enablement, if you send us your details as per form displayed by pressing this link: Quote for E-Com . We will revert within one week with a professional response.

 
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