As the name suggests e-business is electronic business. For the very first time the term e-business was used by IBM in 1997. But, now these days it is getting popular among every businessperson. E- Business is accomplished with the help of some web based technologies and automated information system.
E-business can be conducted using the Web, the Internet, intranets, extranets, or some combination of these. Business through electronic media offers much more sophisticated opportunities to amplify business sales.
Today, many big as well as small companies are taking interest in e-business and trying to explore new business opportunities. E- Business eliminates the role of a middle man in business i.e. the agent, because an organization can directly deal with suppliers and can even made payments through internet.
First big deal was made by Dell Computers which involves millions of dollars of money. Other big companies are also providing e- business service like IBM website includes a special section on e-business.
Electronic business allows better data processing to an organization. A business man is independent to work more efficiently with its suppliers and partners to satisfy customers’ expectations.
To achieve e-business, you are provided with models like – E- shops, E-malls, E- auctions, Virtual communities, value chain service provider, third party market places etc. These models provide options to the customers to directly deal with the supplier, which is an additional advantage over traditional business way.
E-Business India uses expert E-architects to develop a comprehensive online approach to accomplish your targets for efficient and effective performance through a well Designed Website.
E-business India has attained a new and more sophisticated development center space. This achievement will allow an organization to expand its operations and increase its staff strength. Through e-business you are not only exposed to known dealers around you.
But, you can get an opportunity to reach market world wide. In general e business is providing following benefits to an organization:
I. Cost cutting
II. Improved response speed
III. Improved communications with the help of internet services
IV. Better information sharing between organizations
V. Increased sales
VI. Acquisitions of new customers
VII. Improved customer services and ultimately more customer satisfaction
VIII. Better marketing strategy
An implementation of e-business is achieved by Wipro Technologies. Wipro together with Oracle Today sets an implementation of Oracle E-Business Suite which supplies chemicals, technology, and services to the Hydrocarbon Processing and Pulp and Paper Industries worldwide with the help of internet. They implement 19 modules in 32 weeks which is one of the fastest implementation.
Another very successful implementation in India is by PSCS (Pranav Software Consultancy Services) - an end-to-end e-business solutions and software development company, which combine cutting-edge technology with business expertise to deliver high quality, "e"nnovative Web solutions and business process application tools for global enterprises. In India, Olive e-Business has achieved Microsoft Gold Partner status with competencies in Business Process and Integration & Networking Infrastructure Solutions.
