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To: stockman_scott who wrote (72700)	10/17/1998 10:38:00 AM
From: Mohan Marette	Read Replies (1) \| Respond to of 176387

IDC predicts one billion online users over the next 10 years. Scott: Here is some very interesting and encouraging news for the IT industry, E-commerce in particular.The implications are certainly mind boggling especially when one considers the benefit DELL could derive from this all pervasive IT revolution that is sweeping the world.We also know that this phenomenon is in its infancy and DELL is leading the pack (bar none) in E-commerce with $2 billion in annual sales.Well you do the math, DELL,2 billion dollars,infancy,well you know where I am going with it,don't you?<vbg> ====================== Source:International Data Corp. 1 billion in 10 Can European companies compete in this massive global economy via electronic commerce and other web technologies? Will European companies conduct successful business transactions via the various internet access devices due to come on the market? According to International Data Corporation, 23 million people in Europe are actively using the Web this year, however this number is expected to grow faster than other regions in the world, with approximately 83 million active European Web users by the year 2002. "The commerce volume over the Web will explode over the next 4 years, from 32 billion dollars in goods and services being sold over the Web in 1998 to some 425 billion dollars, a compounded annual growth rate of 91%" said Patrick McGovern, Chairman and CEO, IDG. The internets impact on the global economy will create the largest and most extensive new business opportunity in the entire history of the IT field said McGovern. The affects on the European community by the emergence of this huge economic opportunity will therefore be enormous. But can Europe compete? According to Frank Gens, Senior VP at IDC, "Europe needs to have more companies selling over the internet". "Today's European internet buyers, as opposed to surfers and window shoppers, are buying from US companies, not from European companies". But the future looks positive for Europe. Although 35% of US companies surveyed had a public web site compared to 26% of businesses in Europe, that number is almost double what it was one year ago. Instead of the typical year to year and half gap between the US and Europe, the gap is closing to just under a year. Although these numbers reflect the total number of corporate web sites, the vast majority of companies in any industry do not offer commerce capabilities. "The opportunity for organizations to jump ahead is very strong now", said Gens. On the software front, IDC studies show that Microsoft, capturing 24% mindshare as an internet supplier here in the US, received only 10% mindshare amongst Europeans surveyed. "Clearly there is a need to increase our presence in Euorpe" stated Microsoft Chairman and CEO Bill Gates. As for the future, Microsoft is looking to be the primary vendor for users accessing the internet not only through traditional PCs, but through other information devices as well. Whether access to the internet is through WebTV or even through a future device that resides in your car or pocket, Microsoft wants to be there. "Anywhere that software can run, we like" said Gates.