07-02-2013

Chapter 15

Learning Objectives
Discuss future challenges and opportunities related to e-business Understand the future scenario and trends in ebusiness, the changes in e-business environment affecting e-business technologies and their implementation Intelligent e-business technologies. Know the futuristic developments on the technological, social, and regulatory front affecting ebusiness.
Oxford University Press 2012. All rights reserved.
E-Business

Future E-business : Challenges and Opportunities

Oxford University Press 2012. All rights reserved.

E-Business

E-Business in a nut shell

Changed the way of traditional businesses Adopted in many sectors and is expanding constantly Increased the connectivity between customers, and various businesses Revolutionized global economy and information management Improved services and the reach of businesses

Future E-businesses
Still 50% power of e-business to be unleashed New technologies for data storage, distributed access, and cloud computing will provide advantages for future e-businesses Need of robust, stable, and adaptive framework to absorb new innovations Challenges to be faced - security, adaptability, acceptability, and legal issues Future e-business would be holistic and more systemic, where it is not a technology but a lifestyle!

Oxford University Press 2012. All rights reserved.

E-Business

Oxford University Press 2012. All rights reserved.

E-Business

New Technologies knocking on the Door

Technologies evolving at a faster pace Revolutionized the speed of Internet, downloads, and communication Technologies such as 3G, Web 3.0, cloud computing; advanced processors; and new frameworks promise a better business experience helped change the old paradigm of e-business

Business with Limited Infrastructure

Supported by New technologies and on-demand services (on-demand storage, on-demand infrastructure, and even on demand information) Shared processing power, memory, storage, and even shared bandwidth May raise security concerns about information and business data

Oxford University Press 2012. All rights reserved.

E-Business

Oxford University Press 2012. All rights reserved.

E-Business

07-02-2013

From E-paper to E-gadgets

Traditional gadgets with limited communication abilities Replaced by e-gadgets having intelligence, more communication abilities, helped improving e-business by Allow many / various transactions Can communicate among themselves Help companies build their knowledge and information base.
Oxford University Press 2012. All rights reserved.
E-Business

Changing the Way Business is Conducted

Evolution of traditional businesses as e-business has greatly affected by Electronic technology. The information availability, advanced communication means, and technologies such as credit cards made it possible to transact remotely and without actual currency exchange. More intelligent and user-friendly gadgets can address the existing issues and security concerns in future.
Oxford University Press 2012. All rights reserved.
E-Business

Challenges and New Trends

New means of Communication Concepts of personalization Parameters of Security Dealing with intellectual property-related problems Regulatory policies, Taxation policies Restriction of information access and censorship.

Ethical and Regulatory Issues

Ethical and regulatory practices, technology, and legal infrastructure Attacks on the systems, anti-competitive activities Social and environmental impact of technology Management of electronic wastes Impact of huge data centres on the environment A cautious selection and testing of technology before applying, with the appropriate ethical and regulatory practices, can help in building a sustainable e-business.

Oxford University Press 2012. All rights reserved.

E-Business

Oxford University Press 2012. All rights reserved.

E-Business