Report shows e-business is stalled, not dead


Report shows e-business is stalled, not dead

Daniel Thomas
The majority of UK firms are still confident that e-business projects can deliver a return on investment, according to the annual CBI/KPMG Consulting e-business report, published this week.

Although the report, based on responses from 812 organisations, found that the economic slowdown has led businesses to pursue low-risk and measurable e-business projects, more ambitious plans have only been put on hold.

Digby Jones, director-general of the CBI, said this is when reality bites for e-business. "It is reassuring that plans to expand markets and create new commercial opportunities through e-business have only been put on hold. As investment capital becomes available firms will move swiftly to create new commercial advantage."

Despite the dotcom boom and bust, 90% of companies remain confident that e-business will eventually reduce costs by 10% or more.

Email Alerts

Register now to receive IT-related news, guides and more, delivered to your inbox.
By submitting your personal information, you agree to receive emails regarding relevant products and special offers from TechTarget and its partners. You also agree that your personal information may be transferred and processed in the United States, and that you have read and agree to the Terms of Use and the Privacy Policy.

COMMENTS powered by Disqus  //  Commenting policy