E-Business: What changed? What is going to change?

Résumé du document

The E-Business revolution came from the USA with Amazon, first e-commerce website. The E-Business market has been constantly growing since its creation in 1994. Indeed, the number of E-Business websites has been increasing continuously and the volume of online purchases too. More and more consumers are shifting to online buying, at the expense of the classic retailing industry, which pushes the companies to adopt e-commerce in their business model too.

The evolution of technology plays an essential role in this development. Indeed, the progress made on the ICT (Information and Communication Technology) are the source of this E-revolution. New technological advances (flash code, mobile phone payment…) open tremendous opportunities in the business world. The future of E-Business is quite unpredictable in the long-term as we don't know yet how the technology is going to evolve. However, one thing is absolutely sure: to enjoy a long-term success, the challenge for E-Business actors is to guarantee the security and the confidentiality of the customer's information.

Extraits

[...] Thus, if the degree of customer feedback increases, the e-merchant can anticipate better the needs of its clients and offer a more adapted product or service. With e-business the companies are now able to provide a better quality of service for the customers in their purchasing experience. E-business is a tremendous opportunity for companies to increase the loyalty of their customers. The recent progresses on ICT (Information and Communication technology) also give new opportunities for the companies to communicate with their customers. [...]

[...] Web Semantic Web Considerable advances were realized these last years in the field of the natural language processing, also known as Linguistic Engineering. Today, Google answers by a list of sources; and then the user has to make the synthesis, gather the information, and do the link between them. Today, the web pages are designed to be consulted by humans. Everybody is able to do research, use forums to collect information, but it would be better if the machine could do it instead of humans. [...]

[...] The E-Business market has been constantly growing since its creation in 1994. Indeed, the number of E-Business websites has been increasing continuously and the volume of online purchases too. More and more consumers are shifting to online buying, at the expense of the classic retailing industry, which pushes the companies to adopt ecommerce in their business model too. The US census bureau released in 2010 a study estimating the US e-commerce volume growth between 2000 and 2009: The evolution of technology plays an essential role in this development. [...]

[...] I've chosen to develop the topic number 16 of the list. This topic is about the technological advancement on E-Business in the past 5 years, so the questions to answer are: What progress have been made in this area? What is the current situation of Business? In other words: what changed? This topic also deals with the emerging concepts for the future so the questions to answer are: What are the new opportunities, what are the next challenges for E-Business? In other words What is going to change? [...]

[...] Totally utopist a few years ago, it is now becoming a reality. The technology isn't ready yet and it's still very expensive, but we can easily imagine that it might be one of the major revolutions in the next decade. If the consumer can “print” the object they want to buy on internet, it would be the end of the supply chain as we know it today. Conclusion Science and technology has been the source of every human revolution, all the new eras started with a new revolution of the information. [...]