Growth Spurt Forecast for B2B

May 2001
Financial Executive;May2001, Vol. 17 Issue 3, Special section p3
Academic Journal
The article discusses worldwide business to business (B2B) internet commerce. Gartner Inc., a worldwide technology research and services firm, estimates that B2B internet commerce will reach $8.5 trillion in 2005, despite the slowing economy. However, companies considering investing in information technology or instituting Internet businesses will have to be more deliberate and judicious because of the economic situation. Gartner forecasts businesses relying on legacy electronic data interchange systems rather than replacing them.


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