eBusiness Is Key to Sustaining $5.3 Trillion in eCommerce by 2005, IDC Experts Say
Despite Current Stock Market and Industry News, IDC Analysis Shows Continued Strength and Growth in Internet Economy
April 24, 2001 - The Internet economy is alive and well, according to IDC, the industry`s foremost technology market intelligence and advisory firm. While this is a view that is contrary to the doom and gloom of today`s news, IDC`s worldwide research and expert analysis of the market forces, trends, and ebusiness spending forecasts tell a different story, one of a $5.3 trillion impact on the worldwide economy by 2005.†
While acknowledging the volatility in the market, IDC sees continued investment in Internet-related spending. "The burst of the dot-com bubble signals the beginning of a long evolution in the worldwide economy, but it`s certainly not the end of the Internet economy," said Gigi Wang, IDC`s senior vice president of Communications and Internet research. "Although the effects of the market changes are obvious, the underlying dynamics show that dramatic growth in ebusiness investment and returns will continue."
IDC analysts predict the ebusiness opportunity to support this commerce is a key contributor to the overall growth and economic impact of the Internet. To help companies understand the trends, risks, and opportunities of competing in the new economy, IDC is bringing its world-class eBusiness Advisor research services to the next level through 15 industry programs and 3 cross-industry programs.
IDC`s enhanced eBusiness Advisor research represents some of the most comprehensive ebusiness market intelligence and advisory services available and serves business executives in the following industry segments with unparalleled breadth and depth:
Online Financial Services
eBanking
eInsurance
eInvesting
eLending
Business Services
Corporate eLearning
eConsulting
eCustomer Care Services
eGlobalization and Localization Services
eHuman Resources
eLogistics
eMarketing Services
eRecruiting
Online Retail Services
eAuto
eRetail
eTravel
Cross-Industry Programs
B2B and eMarketplaces
Internet Economy
Mobile eBusiness
IDC is already helping many of today`s leading executives position their companies for the Internet economy and implement winning market strategies through its eBusiness Advisor programs. These programs are led by the most experienced professional analysts in the industry and have their foundation in IDC`s best-in-class research and forecast methodology, developed and refined over the company`s 37-year history as the foremost technology market intelligence firm.
In addition, IDC studies markets on a global, regional, and local basis, with more than half of IDC`s 700 analysts and technology experts working outside the United States in 43 countries. Many of the eBusiness Advisor programs examine these markets and offer specific regional or local insight.
For more information about IDC`s eBusiness Advisor research programs or any of the U.S.-based reports and services, please contact Jill Toole, Market Development Manager, at 508-988-6915 or jtoole@idc.com, or Jon Guloyan, Market Development Director, at 508-935-4296 or jguloyan@idc.com. For information on regional ebusiness studies and services outside of the United States, please contact your local IDC office.
General press inquiries can be directed to Hillary DeMello, Director of Corporate Communications, 508-935-4282 or hdemello@idc.com, or Michael Rogers, Bravo! Marketing, 617-348-4170 x 110 or michael@bravomarketing.com.
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