Giga Information Group: Net to Slash Business Overheads Globally.
Published:
11 August 1999 y., Wednesday
By 2002, conducting business online will save companies around the world an estimated USD1.25 trillion, according to a report by the Giga Information Group. This compares to total savings of USD17.6 billion in 1998. As can be expected, the US accounted for the majority of business cost savings last year, USD15.2 billion of the total global savings. This is expected to increase to USD600 billion by 2002, a phenomenal increase in dollar terms but a significant reduction in percentage terms. Typically, once implementation costs have been accounted for, cost-savings produce greater profit margins more than an increase in sales revenue.Internet-based costs savings are expected to see US businesses record between USD360 billion and USD480 billion by 2002. While the margins will not be as high as in the US, this trend will also be reflected globally, according to the report.
Šaltinis:
Nua Internet Surveys
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.
The most popular articles
Software company announced new structure_ of it_s business.
more »
Intel envisions leading-edge chip production to begin at Fab 24-2, its new facility in Ireland, by 2006
more »
Transmeta will add a new antivirus technology standard to its next round of low-power chips, the company said Monday
more »
There is plenty of
entertainment on „Skynet“ network that are designed for the users of the inside
network. One can watch stereo quality video recordings and listen to Internet
radio with the help of the high-speed Internet. And there are more...
more »
Rivals Yahoo and Google launched assaults on each other's territory as the fight for the Internet search dollars heated up
more »
Ruling delayed on huge Microsoft attorney fees
more »
After the Florida punch-card debacle hurt the credibility of the last presidential election, ATM maker Diebold decided it should expand into electronic voting
more »
The European Commission has opened a consultation period on its controversial "e-money" directive
more »
Fujitsu Siemens Computers plans to considerably strengthen its position on the Polish information technology market by taking advantage of opportunities offered by Poland's accession to the European Union
more »
There is a new revolution brewing along Tallinn's ancient stone streets and inside its charming Gothic buildings.
more »
New Web services technology makes it easier for users to connect devices over a network
more »