What is e-business?

And, although maintaining a corporate home page and an online storefront is a great start, this does not make you an e-business either.

A true e-business is a business that utilizes the full power of the internet to make its operations dramatically more efficient, less expensive, and more flexible than ever before.

Features of an e-business:
The entire organization is integrated and streamlined - from the store to the call center, from the warehouse to suppliers. Absolutely everyone is online and sharing the latest information - employees, business partners, customers, and suppliers.

It has a 360 degree view of its organization and a comprehensive view of its customers, enabling improved decision-making and competitiveness.

Lowers operating costs and improves accuracy of its data by providing self-service applications to customers and employees.

Works online with its suppliers facilitating supplier-managed inventory and providing products and services faster and cheaper than ever before.

Expands its marketplace globally and thinks "Web" first. You can see it all around you, we are in the midst of an e-business revolution. Using internet technology, organizations are transforming into e-businesses and completely redefining business as we know it. As an e-business, practically every aspect of the operations crucial to your business are going to change:

Business culture - E-business is going to fundamentally change the way your employees do their jobs.

Technology - Business technology has been totally reinvented to facilitate smarter, more efficient operations across your entire organization

Processes - Using the internet, you will drastically improve your internal and external day-to-day processes.

Structure - E-business allows you to reshape your global and administrative structures enabling a much more efficient way of doing business at a significantly lower cost.

If your organization is ready to undergo its own e-business transformation, Oracle can provide an e-business blueprint to help you through to process.