Feeds

Big Blue bull(ish) about e-business

Well, what did you expect?

  • alert
  • submit to reddit

Build a business case: developing custom apps

European businesses have a far more pragmatic approach to conducting business electronically than their US counterparts, according to the latest research from IBM. Big Blue's latest study reveals that 85 per cent of European companies believe they must invest in e-business or face competitive disadvantage. But the study further revealed that European companies are more inclined to see e-business as a way of achieving real value within their organisations and not just as a tool for out-doing the competition. The findings appear to contradict the widely held belief that the US leads the way in the development of electronic commerce. Equally, it also points to the growing maturity of the market in Europe, a view shared by Irving Wladawsky-Berger, general manager of IBM's Internet Division. "The Internet is not a strictly US phenomenon," he said during a press conference broadcast live on the Web. "The Internet is not limited to the industrialised world. It is a worldwide movement that is reshaping business of all sizes, and in more and more ways, society as a whole." IBM also carried out some amazing number crunching, predicting that by 2002, $600 billion -- out of a total worldwide IT spend of $1.6 trillion -- will be spent on e-business. Undeniably, it must have taken some impressive modelling and computer simulation to come up with that kind of prediction. It's just a shame Big Blue couldn't have applied similar resource to its own figures. Wladawsky-Berger proudly announced that IBM now generates $10 million worth of business online each day, but the company is unable -- or unwilling -– to say exactly how this is generated. Hmmmmm, the jury is still out. ®

Boost IT visibility and business value

More from The Register

next story
6 Obvious Reasons Why Facebook Will Ban This Article (Thank God)
Clampdown on clickbait ... and El Reg is OK with this
No, thank you. I will not code for the Caliphate
Some assignments, even the Bongster decline must
Fast And Furious 6 cammer thrown in slammer for nearly three years
Man jailed for dodgy cinema recording of Hollywood movie
Caught red-handed: UK cops, PCSOs, specials behaving badly… on social media
No Mr Fuzz, don't ask a crime victim to be your pal on Facebook
Barnes & Noble: Swallow a Samsung Nook tablet, please ... pretty please
Novelslab finally on sale with ($199 - $20) price tag
Ballmer leaves Microsoft board to spend more time with his b-balls
From Clippy to Clippers: Hi, I see you're running an NBA team now ...
Video of US journalist 'beheading' pulled from social media
Yanked footage featured British-accented attacker and US journo James Foley
Assange™: Hey world, I'M STILL HERE, ignore that Snowden guy
Press conference: ME ME ME ME ME ME ME (cont'd pg 94)
Call of Duty daddy considers launching own movie studio
Activision Blizzard might like quality control of a CoD film
prev story

Whitepapers

Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
5 things you didn’t know about cloud backup
IT departments are embracing cloud backup, but there’s a lot you need to know before choosing a service provider. Learn all the critical things you need to know.
Why and how to choose the right cloud vendor
The benefits of cloud-based storage in your processes. Eliminate onsite, disk-based backup and archiving in favor of cloud-based data protection.
Top 8 considerations to enable and simplify mobility
In this whitepaper learn how to successfully add mobile capabilities simply and cost effectively.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?