A simple explanation of E-Commerce is the process of buying and selling or exchanging products, services and information via computer network. Or the business activities conducted using electronic data transmission technologies, such as those used on the internet and the World Wide Web.
E-commerce began before personal computers were prevalent and has grown into a multi-billion dollar industry, but where did it come from? By looking at the evolution of e-commerce, it will be easier to judge its trends for the future.
In the early Development, E-Commerce has changed over the last 30 years. Originally, Electronic Data Interchange (EDI) and Electronic Fund Transfer (ETF) are used to facilitate of commercial transaction electronically. During the late 1970s, businesses are using system like purchase order or invoices electronically. When Comes to 1980s, the growth and advanced of technology had lead to the acceptance of credits cards, Automated teller machines (ATM) and telephone banking. And comes to the 1990s onwards, electronic commerce would additionally include Enterprise resource planning system or known as (ERP), data warehousing, and data mining.
Since the year 1984 until the year 2000 E-Commerce has expended tremendously. For further information about the process of evolution, you may click the link.
http://newmedia.medill.northwestern.edu/courses/nmpspring01/brown/Revstream/history.htm
E-commerce began before personal computers were prevalent and has grown into a multi-billion dollar industry, but where did it come from? By looking at the evolution of e-commerce, it will be easier to judge its trends for the future.
In the early Development, E-Commerce has changed over the last 30 years. Originally, Electronic Data Interchange (EDI) and Electronic Fund Transfer (ETF) are used to facilitate of commercial transaction electronically. During the late 1970s, businesses are using system like purchase order or invoices electronically. When Comes to 1980s, the growth and advanced of technology had lead to the acceptance of credits cards, Automated teller machines (ATM) and telephone banking. And comes to the 1990s onwards, electronic commerce would additionally include Enterprise resource planning system or known as (ERP), data warehousing, and data mining.
Since the year 1984 until the year 2000 E-Commerce has expended tremendously. For further information about the process of evolution, you may click the link.
http://newmedia.medill.northwestern.edu/courses/nmpspring01/brown/Revstream/history.htm
