Companies will devote more of their ecommerce budgets to improving their relationships with suppliers and business customers in the next three years, new research has found.
At present, business-to-consumer projects account for 41 per cent of all ecommerce software spending but this figure will drop to just 22 per cent by 2002, according to a study of the sector by Datamonitor.
Datamonitor analysts have predicted the global ecommerce software market will be worth $2.8 billion by 2002, with business-to-business projects accounting for 78 per cent of this sum.
Business-to-business projects will typically focus on increasing the efficiency of business processes, such as distribution channel and supply chain management, rather than generating revenue through selling products.
To create business efficiencies through ecommerce, companies will need to implement solutions in conjunction with business partners, the report found.
"Companies will only invest if there are enough other enterprises investing, otherwise the technology will be of no use," Datamonitor analyst Jonathan Tikochinsky said.
Trading communities which link businesses together were needed if businesses were to interoperate and derive savings, he said.
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