Intel expects to conduct 90 per cent of its business over the Internet within three years, one of the company's top executives has revealed.
Intel general manager for Europe, the Middle East and Africa, Rob Eckelmann, told the BancBoston Robertson Stephens international technology and telecoms conference today that the company was already transacting half its business on the Web, up from nothing a year ago.
Intel was recording Web sales of $1 billion a month, with 200 customers in 30 countries now choosing to conduct dealings with the vendor electronically, Eckelmann said.
Intel's focus on ebusiness had enabled it to cut costs and reduce inventory holdings, making it possible to push new technology into the market faster, he said.
Eckelmann said Web development, rather than systems integration, was now driving hardware purchases and Intel aimed to be the dominant technology provider for servers, client devices and network infrastructure.
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