Electronic Business

E-business infrastructure is the share of total economic infrastructure used to support electronic business processes and conduct electronic commerce transactions (1). It includes hardware, software, telecommunication networks, support services, and human capital used in electronic business and commerce. Examples of e-business infrastructure are computers, routers and other hardware, satellite, wire, optical communications, network channels, system and application software, support services, electronic payment, and human capital. Electronic business (e-business) can easily be defined as any process that a business organization conducts over a computer-mediated network (1). E-commerce is any transaction completed over a computer-mediated network that involves the transfer of ownership or rights to use goods or services (1). People use e-commerce on a daily basis some of the most common examples include buying books on Amazon or Barnes & Noble, booking a flight and hotel room through Orbitz or simply paying your Macy’s charge card online.

 Enterprise 2.0 is the term for the technologies and business practices that liberate the workforce from the constraints of legacy communication and productivity tools like email (2). It provides business managers accurate information at any time through a web of inter-connected applications, services and devices. It makes collective intelligence accessible at any time, which gives a business a huge competitive advantage in the form of increased innovation, productivity and agility (2). Enterprise 2.0 is the use of web 2.0 technologies within an organization to provide communication and sharing throughout other networks. Enterprise 2.0 aims to help employees, customers and suppliers collaborate, share, and organize information. Andrew McAfee describes Enterprise 2.0 as "the use of emergent social software platforms within companies, or between companies and their partners or customers" (3). In a way e-business, enterprise 2.0 and web 2.0 are all connected and use one another to share information.

1. http://www.census.gov/epcd/www/ebusines.htm

2. http://www.e2conf.com/about/what-is-enterprise2.0.php

3. http://en.wikipedia.org/wiki/Enterprise_2.0