WeLcoMe 2 Our bLoG~~~

E-commerce is part of our-life....make things to be easier,convenience,efficient,accurate....lets discover it >>>>>>>>>>>>>>>@@@ E-Commerce @@@

Saturday, June 14, 2008

The history and evolution of E-commerce

History of E-commerce.

E-commerce is using technology such as electronic data interchange and electronic funds transfer. These were both introduced in the late 1970s, allowing businesses to send commercial documents like purchase order and invoices electronically. The evolution and acceptance of credit cards, automated teller machines, and telephone banking in the 1980s were also forms of electronic commerce. From the 1990s onwards, electronic commerce would additionally include enterprise resource planning system, data mining and data warehousing.

Evolution of E-commerce begin from:

In year 1984, electronic data interchange was standardized thru ASC X12. That the companies are guaranteed would be able to complete transactions with one another reliably.

In year 1992, CompuServe offer online retail products to its customer that give them first chance to purchase product thru their computer.

In year 1994, Netscape arrived with providing users a simple and easy browser to surf the internet. It also provided secure sockets layer that protected and safe online transaction.

In year 1995, Two of the biggest names in E-commerce are launched are Amazon.com and Ebay.com. That is two companies provided largest transaction buying and selling product thru online.

In year 1998, Digital Subscriber Line, provides fast, always-on internet service to subscriber across California. This prompts people spend more time and money to online.

In year 1999, Retail spending over the internet reaches USD 20 billion according resources from business.com. Further more, E-commerce shifted from business to customer (B2C) to business to business (B2B) strategy.

In year 2000, the U.S government extended the moratorium on internet taxes until at least 2005.

In year 2001, develop from business to business (B2B) to business to employees (B2E) such as c-commerce, e-government, m-commerce and e-learning.


No comments: