What was predicted for E-Business??

It is interesting to look at reports from years ago, when E-Business was cited as the next big thing and its capabilities for users were endless...
This article was composed in 1999.. citing the "future of E-Busienss"...
1.E-Business will become a critical competitive strategy that will revolutionize
the global economy.
2. Companies will learn to manage customers’ relationships by virtually serving
their needs - 24 hours a day, 7 days a week.
3. E-business that enables customers to personalize and customize products
or services will flourish.
4. Using the Net to find new customers and to better target customer
preferences will be a standard practice.
5. Producing, marketing, and distributing products or services online will be a
cost-effective strategy for business.
6. Learning to develop and serve online communities with niche interests will be
essential to building customer loyalty.
7. E-business models that provide greater choice for customers will change the
traditional economics of supply and demand.
8. Ready access to the Net from multiple gateways—cable TV, satellite,
wireless telephones, and other devices—will greatly expand e-business
opportunities.
9. Highly efficient e-business virtual supply chains will intimately link
manufacturers and producers directly to customers.


http://http://www.futureguru.com/docs/the-future-of-e-commerce.pdf

We are now experiencing the future of the 'E-Business World', everything we do is online and we have become a knowledge based, online culture.
Businesses today cannot afford to ignore the capabilities of E-Business, it is a business opportunity rather than a technical issue.
E-Business is not just a web-site, it is not just advertising and selling over the Internet. E-Business helps companies use it is a value added tool for business, either in the form of profits or relationships with stakeholders / customers.

Therefore, a company cannot afford to ignore the capabilities of E-Business in this day and age, and their ignorance may cause them their business in the future.