<--OT--> E-Commerce and 'The Tomorrow of Money'.
Paul:
While the 'witches' on Wall Street have their fun on a day like today
here is something to think about.
The landscape for electronic commerce
"The rapid growth of the Internet is a phenomenon without parallel at many levels - technical, social, and economic - that has created a tremendous potential opportunity for businesses. In fact, the growth of the virtual community of Internet users has outpaced the ability of businesses to take advantage of it as a medium for commerce, at both the technological and organizational levels - and this growth will continue.
It is estimated that by 2000 AD, e-commerce worth over a trillion dollars will be transacted. In a technology-dependant field such as this, rapidly evolving technology will ensure that early adapters will reap long-term gains."
FACTS to Ponder.
Web Sites concerning Banking, Finance, and Investment are growing daily.
e-commerce expected to touch $ 500 Billion by 2000.
Last October, a new CyberBank signed up 1000 new accounts in just 6 weeks.
200,000,000 Internet users expected by 2000
Forecast : 25% of the commercial transactions on the Internet will be done by non-banks
Cisco already has on-line sales of $3 Billion annually - more than 50% of its total sales.
Dell's website accounts for 1/3 rd of its total sales and it is expected to cross 50% by 2000.
More than 1200 CyberBanks exist already, most are US based and around 150 in the Asia Pacific and Japan region.
future-commerce.com |
