"The e-commerce (e-business) market is forecast to be worth $12.9 billion in 2001, up from $275 million this year, Granville Report 1999". With the removal of the year 2000 (Y2K) problem e-business will not have any obstacles for the financial year 2000-2001.

Current statistics (CMG e-com) suggest that e-business already accounts for over 1% of all revenue generation/cost reduction in 25% of UK industry. Additionally,10% of UK business conduct e-business on a business to business and a business to consumer basis. It is also shown that approximately 1% of UK business derives more than 25% of annual revenues through e-business activities.

What does e-business mean to you? If you are still uncertain about what effect it will have on your organisation contact e-consult alternatively follow the links below for a brief text introduction of what e-business is.