To: A. Edwards who wrote (79 ) 2/8/2000 7:21:00 PM From: JGreg Respond to of 109
If only there was a company that could position themselves as the dominant facilitator of all of this E-commerce...where could a person find such a company?Forrester foresees 'e-marketplace' boom: Pegs 'B2B' e-commerce at $2.7 trillion by 2004 Business-to-business e-commerce is expected to become a $2.7 trillion industry by 2004, with "e-marketplaces" leading the charge, Forrester Research said Tuesday. According to Forrester (FORR: news, msgs), a majority of U.S. companies will do business on the Internet within two years because of the ability to reach a greater audience in a more efficient manner. In four years, so-called e-marketplaces -- which facilitate such e-commerce activities as auctions, bid systems and exchanges -- are expected to account for 53 percent of all online business trade. "U.S. businesses are universally preparing to buy and sell online, leveraging the Net to build deeper relationships with their business partners," said Steven J. Kafka, an e-business trade research analyst at Forrester, in a statement. "But the rampant growth of online trade through these one-to-one business connections will taper off after 2001, as firms more actively participate in e-marketplaces to connect with a wider universe of buyers and sellers." Forrester has created the EMarketplace Opportunity Index, which measures the level of e-marketplace trade, based on product fit and industry readiness. Using the index, Forrester predicts that e-marketplaces will ultimately account for as much as 74 percent of e-commerce in a given supply chain, with the largest impact in computing and electronics, shipping and warehousing, and utilities industries.