E-BUSINESS(Paperback, Dr. Preshni Shrivastava) | Zipri.in
E-BUSINESS(Paperback, Dr. Preshni Shrivastava)

E-BUSINESS(Paperback, Dr. Preshni Shrivastava)

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E-Business, a concept introduced by IBM in 1997, represents a paradigm shift from traditional e-commerce. While e-commerce focused primarily on online selling, e-business encompasses a broader spectrum of activities, leveraging the internet to transform core business operations and interactions with customers, employees, and suppliers. IBM defined e-business as “a secure, flexible, and integrated approach to delivering differentiated business value” by merging traditional systems with internet technology.The foundation of e-business lies in using the web’s vast reach and convenience to enhance existing businesses or create entirely virtual ones. Unlike earlier proprietary systems like Electronic Data Interchange (EDI) in the 1970s, the advent of the internet enabled scalable and cost-effective e-business solutions accessible to enterprises of all sizes.E-business integrates traditional IT systems with web-based applications through intranets, extranets, and the internet. This allows companies to streamline operations, automate processes, and foster sustainable, computer-mediated relationships. It also facilitates seamless communication across platforms, enabling the conversion of communication types (e.g., email to voicemail) and even on-the-fly language translation.The internet’s role as an overarching framework for integrating communication and computing technologies makes it indispensable for future business operations. Forward-thinking companies are now adopting e-business strategies to stay competitive, embracing consulting, software solutions, and innovative customer-centric approaches.