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Implementation of electronic commerce began in the early 1970s, with the kind of innovation electronic fund transfer (EFT). At that level is still very limited application in large companies, financial institutions, and a handful of small companies are desperate. Then came the Electronic Data Interchange (EDI), which evolved from the financial transaction to another transaction process and enlarge the number of participating companies, financial institutions began to companies manufacturing, retail, service and so forth. Other applications and then followed, which has a range from stock trading to travel reservation systems. At that time the system is referred to as the strategic value of telecommunications applications are already known in general.
With the commercialization of the Internet in the early 1990s, and the rapid growth that reached up to millions of potential customers, then comes the term electronic commerce (e-Commerce), the application immediately flourished. E-Commerce Research Center University of Texas who studies the internet company, the fastest-growing sector is the e-Commerce, which rose to 72% from $ 99.8 billion to $ 171.5 billion. In 2002, over one trillion dollars in revenue generated from the Internet.
One reason for the rapid development of these technologies is the development of networks, protocols, software, and specifications. Another reason is increased competition and various other business pressures.
From 1995 to 1999 we have witnessed a variety of innovative applications, ranging up to the auction ad virtual reality. Nearly every medium and large organizations in the U.S. already has its own website. There are very large for example, in 1998, General Motors Corporation (www.gm.com) offers 18,000 pages of information that includes 98,000 links to various products, and service dealers.
With the commercialization of the Internet in the early 1990s, and the rapid growth that reached up to millions of potential customers, then comes the term electronic commerce (e-Commerce), the application immediately flourished. E-Commerce Research Center University of Texas who studies the internet company, the fastest-growing sector is the e-Commerce, which rose to 72% from $ 99.8 billion to $ 171.5 billion. In 2002, over one trillion dollars in revenue generated from the Internet.
One reason for the rapid development of these technologies is the development of networks, protocols, software, and specifications. Another reason is increased competition and various other business pressures.
From 1995 to 1999 we have witnessed a variety of innovative applications, ranging up to the auction ad virtual reality. Nearly every medium and large organizations in the U.S. already has its own website. There are very large for example, in 1998, General Motors Corporation (www.gm.com) offers 18,000 pages of information that includes 98,000 links to various products, and service dealers.
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