| BUSINESSWEEK ONLINE : SEPTEMBER 27, 1999 ISSUE | |||||||||||||||||||||||||||||
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| COVER STORY -- E.BIZ -- THE E.BIZ 25
John T. Chambers
Chambers preaches Net religion like a Billy Graham wannabe. In the past year, he has spent half his time on the road, meeting 30 heads of state and countless executives. His message: the Internet is already worth a staggering $300 billion in the U.S. alone and by 2010, e-commerce will be 25% of the world's GNP, according to a University of Texas report commissioned by Cisco. Chambers laces his vision with dire warnings to laggards. ''You can be Amazoned in a moment,'' he says. The hard sell seems to be working. ''Chambers has made himself into the No. 1 communicator of the networked vision,'' says Eric E. Schmidt, CEO of software maker Novell Inc. (NOVL) What makes Chambers so convincing? He made Cisco into a prime example of how the Internet can speed processes and slash expenses. Some 78% of the company's sales come via the Web. And the company performs every one of its corporate functions using Net systems, including manufacturing, personnel, finance, even customer support. All told, Cisco has saved $1.5 billion in costs over the past three years by aggressively using Net technology. With the kind of lead he has, Chambers can afford all his hob-nobbing away from headquarters. By Andy Reinhardt _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ BACK TO TOP |
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