Contrl Of Internet Technologies
CONTROLLING INTERNET TECHNOLOGIES IN
B2B RELATIONSHIPS
In the years 1999 and 2000, the prospects for B2B e-commerce were very rosy. For
example, in June 2000, Jupiter Communications' forecast called for more than $6 trillion in
online B2B, representing 42% of total US B2B non-service spending (Pastore 2000). Their
forecast was based on an expectation that online volume would grow 20-fold between 2000 and 2005, opening the doors for new business models such as Internet markets and exchanges.
Indeed, at the beginning of 2000, there were 587 B2B exchanges on the Internet which
mushroomed to nearly 1700 exchanges by April 2001.
However, when the dot-com bubble burst, these B2B exchanges were among the hardest hit. Nearly 120 have been shut down or acquired, according to the research group at Deloitte Consulting. Similarly, predictions for B2B e-commerce have been tempered. The total value of goods and services purchased by businesses through e-commerce solutions......
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