BUSINESS AT NET SPEED Click for June 22, 1998 issue

Understanding Net-Speak

The Net is a global mesh of computer networks sharing a common software standard called TCP/IP. Its backbones are high-speed fiber trunk-lines owned by telephone companies. National service providers such as UUNET aggregate data traffic and zip it over the backbones. They work with local service providers who connect to customers via PC modems or digital links.

Many companies have built internal networks using the same software standards as the Internet. Companies use intranets to distribute information and speed data among offices. Intranet activities usually take place behind secure ''firewalls'' so that only authorized users have access. An intranet can span multiple business locations via the Internet.

When a company throws open its internal network--or intranet--to selected business partners, the intranet becomes an ''extranet.'' Suppliers, distributors, and other authorized users can now connect to the company's network over the Net or through virtual private networks. Once inside, they can view data the company makes available.


The 'Click Here' Economy
COVER IMAGE: Doing Business in the Internet Age

GRAPHIC: Online Sales Are Soaring

TABLE: How the Internet Changes (Almost) Everything

TABLE: Understanding Net-Speak

GRAPHIC: How a Mythical Merchant Uses Three Avenues of the Net for E-Commerce

Supply Chain
Customer Service
BW/Harris Poll
FedEx: An Internet Stock?
Online Merchants
Cyber Prices
Next: Smart Cards
Net Tax Commentary
Knowledge Management

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Updated June 11, 1998 by bwwebmaster
Copyright 1998, Bloomberg L.P.
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