The Internet has transformed
business in a very profound way. Similar to the impact
of the Industrial Revolution, the Internet has generated
tremendous opportunities for growth and expansion. It has
created an entirely new way of thinking about the concept
of business. Companies that have embraced the Internet
and online e-commerce can efficiently target new
customers and markets in a more proficient
manner, which — in turn — creates a new
paradigm for company strategy
and focus.
The Internet has
breathed
JANUARY 2005
new life into traditional business
models. For example, “I’ll call you,” has
been replaced by, “I’ll Email you.”
Traditional business calls and company visits
have been replaced by Email correspondence or
virtual conferencing. Company brochures have been
transformed into corporate websites. These changes show
the dramatic impact the Internet has made on business
today.
One area that has been revolutionized lately is the
printed circuit board industry. This article will examine the
Internet’s impact on the circuit board industry, the transformation of the buying process, and what it means for the
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