To: TLindt who wrote (989 ) 5/19/1998 10:01:00 PM From: cm Read Replies (1) | Respond to of 2882
Article About Booming E-Commerce... By now, I feel it's almost silly posting these studies that predict a huge boom in e-commerce... it's kind of old news here. Oh well, here's another... ******* Study: E-Commerce Set for 300% Growth Over Two Years [May 19, 1998] According to a new Deloitte & Touche Consulting Group study, the electronic commerce market is poised to experience 300% overall growth in the next two years. While the survey finds that the Energy industry and Public Sector lead with current business transactions over the Internet at 23.3% and 20.4% respectively, the greatest penetration for e-commerce will be in the Financial Services industry, with a near 70% adoption rate expected within two years, driven by a dramatic increase in consumer transactions. The two-year forecasts for percent of customer transactions in other industries are also encouraging: Consumer Business (43%), Public Sector (38.8%), Energy (37.2%), Manufacturing (34.1%), Health Care (33.3%). "Until now, businesses have been hesitant to adopt e-commerce because of security concerns or the perception that their customers simply aren't using it to buy products and services," said Doug Downing, a Partner at Deloitte Consulting. "Now, companies are coming to the realization that security will always be an issue--but that it's less of a concern than missing out on a vital new channel that could provide a tremendous competitive advantage." The Deloitte Consulting 1998 Global Survey of Chief Information Executives polled over 1,000 CIOs in six major industries in 25 countries. It provides a snapshot of the present and a projection of what the IT landscape will look like in two years, based on CIOs' current and projected technology use. Last modified: Tuesday, 19-May-1998 11:22:47 EDT