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Investors Relations: The Internet Revolution, or new economy has created many new companies, produced thousands of new millionaires, and captured investors attention to the point where it seems that majority of citizens in information age modernize countries are a daily trader with some on-line brokerage service Corporations’ acceptance of the Internet in the new economy has sparked a revolution in the way businesses buy and sell products from each other. These business-to-business or B2B, transactions are increasingly being done over Internet Based net markets, or B2B exchange. If today bricks and mortar companies are to survive, they must reinvent themselves to integrate the Internet into everything they do and connect with one or more B2B exchanges. Every business will be shaken by this Internet Quake. The more we analyzed these new B2b exchanges, the more we realized that they are the “killer application” of the B2B Internet revolution. This is clearly demonstrated in the moves by established bricks and mortars businesses to setup B2B exchange (either on their own or in industry consortia) as part of their growing acceptance of the Internet, Internet Standards and the new economy generally. This quiet revolution that is developing in the world of B2B transactions will generate far more profits and millionaires than anything the C2C, B2C and C2B model can produce and will have a far profound impact on the economy of each country than any numbers. All business must reinvent themselves around the Internet. The Internet is more than just a communications medium; it must become the main business Strategy Finally, every business must ask itself now whether 2B or not 2B to be on-line? That is the question. The answer? “YES!” |