eworld 2001 survey results.* The Dot-Corn Crash Is Irrelevant Companies around the world will spend more on Web-site infrastructure this year alone than they did in five years preparing for Y2K See Y2K problem and Y2K compliant. Y2K - Year 2000 . Although Internet stocks Internet stock The equity security of a company engaged primarily in a business associated with the Internet. Also called dot-com. have crashed, dragging most of high tech with them, this decline is simply part of a cyclical market trend. In reality, brick-and-mortar companies worldwide are still investing in ebusiness with fervor. Over the next four years, the Years, The the seven decades of Eleanor Pargiter’s life. [Br. Lit.: Benét, 1109] See : Time number of Web sites will double, ecommerce will increase by a factor of 10, and technology spending on Web applications will escalate to four times what it was the previous four years. * B-to-C Is Not Dead By 2005, over $700 billion will be spent by consumers purchasing goods and services In economics, economic output is divided into physical goods and intangible services. Consumption of goods and services is assumed to produce utility (unless the "good" is a "bad"). It is often used when referring to a Goods and Services Tax. online in the United Sates alone. Of the 40% of companies that can take orders for products and services through their Web sites, 81% handle consumer transactions (most also handle business to business). Despite its much-maligned status in the Internet stocks pantheon pantheon (păn`thēŏn', –thēən), term applied originally to a temple to all the gods. The Pantheon at Rome was built by Agrippa in 27 B.C., destroyed, and rebuilt in the 2d cent. by Hadrian. , business-to-consumer Internet commerce is alive and well. * When It Comes to Mobile Access, the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. Is Stuck in the Mud By 2004, Europe will have twice as many mobile Internet Refers to gaining access to the Internet using a lightweight, handheld device. See Mobile IP, PDA, smartphone and mobile TV. users as the United States. While most of the world is swiftly migrating to mobile use of the Internet, the Internet, the, international computer network linking together thousands of individual networks at military and government agencies, educational institutions, nonprofit organizations, industrial and financial corporations of all sizes, and commercial enterprises United States, which is already behind both Europe and Japan in mobile phone penetration and mobile Internet access, will fall behind even further. * Ebusiness Expectations Are Not Prepared for Demand While 2 in 5 Web sites can take orders, less than 1 in 10 can handle payments over the Web. Many companies have high expectations for ebusiness, yet most aren't equipped to reach their goals. Companies expect to double revenues from online sources this year, but less than 1 in 5 commerce sites are tied into the traditional order processing system; despite the rapid growth of mobile users they will have to support, less than 1 in 10 has made any accommodation in their Web site. * English Will Still Rule the Net By 2005, over 30% of all Internet users will still speak English as a native language. It's a widely held assumption that in a few years English will no longer be the dominant language on the Internet, yet by 2005, Chinese will come second, with less than 1 in 7 Internet users speaking it as a native tongue. Japanese will be a close third. www.idc.com |
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