XTRA AND E-BUSINESS

Xtra and E-business

Xtra and E-business

Introduction

Referring to the scenario of adaptation to the IT culture the following plan can be implemented to provide positive results and for the solution to the problems.

The Internet is creating a new economy where business must be won on price and service at every interaction. To compete effectively on the Web, each business must determine for itself how it will be an “Internet company” - how it will leverage its unique practices, processes, and expertise to add new value through digital commerce. Successful eBusiness also requires a new kind of commerce system that adapts to changing business conditions between one transaction and the next.

Task 1

The available information must be reinvented at each encounter, uniquely suited to the needs of the customer and the business situation. Webridge understands the business and technological issues of eBusiness. Our eBusiness Express family of products and services are architected to offer fast-to-deploy, complete, customizable solutions for companies who want to quickly build a strategic advantage with digital commerce. In this paper, we outline the requirements for a truly dynamic eBusiness system that can be quickly deployed and then easily adapted to your changing business requirements. (Dobson, M.S. 2003, 65-89)

Thanks to technology, today's marketplace is increasingly crowded. New production methods and technologies are eroding product differences and shortening product lifecycles, which, in turn, shortens the competitive life of each product. In the past, companies have competed on price, while maintaining profits through process automation. But now most companies have realized the benefits of simple process automation, and the Internet and the ease of on-line comparison shopping are undermining customer loyalty and increasing market pressures even further for both business-to-consumer and business-to-business commerce.

eBusiness Is Not "Business As Usual"

In the Internet economy, the quality of the user experience is the key to successful competition. Like a physical store, products bring people in, but the environment, service, and overall satisfaction with the experience are what keep them coming back. On Amazon.com, for example, 60% of purchases are by repeat buyers. Why? Because of a simple, friendly purchasing interface and a system that tracks user interests and presents helpful suggestions and interesting information on each product. (Dobson, M.S. 2003, 65-89)\

Task 2

The Internet affords the potential for true real-time interaction, for you to create a unique virtual environment for each user every time you are in contact. But achieving true eCommerce, doing business in a fundamentally different and more profitable way over the Web, takes more than slapping a Web site on top of client/server business systems with a few CGI interfaces or server pages. In the digital marketplace, change is the only constant. The available information must be reinvented at each encounter, uniquely suited to the needs of the customer and the business situation. To achieve and sustain this kind of advantage, you need a new kind of commerce system that adapts to changing business conditions between one transaction and the next. (Dobson, ...