UPDATED 24/04/2021 8:10 AM
E-commerce and e-business became popular around the mid- to late 1990s. The increase in Internet users and faster connection speeds made doing business online more of a viable and smart option for both large and small companies. Some e-business tools also help put small companies on a more even playing field with bigger businesses.
At the very center of an e-business system is a website (domain and web hosting account), email account (which commonly comes with the web hosting account), and an Internet connection. These three tools form the base of an e-business system, allow the integration of all other e-business tools and allow the user to connect to the World Wide Web to publish information.
An e-business system is composed of more than just an Internet account and intangible online accounts. You also need tangible equipment to access and utilize the system. Other important e-business tools include computers, Internet modems, Internet adapters, dedicated servers, and Ethernet cabling if you want to establish an online intranet (interoffice) system where employees communicate with each other securely. In addition to physical equipment, you may also need database, Internet security and shopping cart software to establish a professional e-business system.
In his book “Architectures for e-Business Systems: Building the Foundation for Tomorrow’s Success,” editor Sanjiv Purba says,The Internet has transformed many things over the years, including how consumers and businesses interact.” He also mentions how e-business systems help automate office supply purchases and service requests for companies, which results in lower costs.