BUSINESSWEEK ONLINE:   Business Week ebiz
DATA MINE Sept. 14, 1999 The Difference between E-Leaders and E-Followers The e-train hasn't left the station -- yet. According to a new survey, most companies are still in the early stages of rolling out e-commerce systems. Indeed, 65% of the 437 companies surveyed indicate they spend less than $1 million a year on e-business initiatives. Meta Group says that only 20% of those companies surveyed qualify as being on the leading edge of online business. E-leaders, the research company says, share the following characteristics: Have an e-commerce/e-business executive plus strong CEO support Perceive that e-business has had a significant impact on their business Use e-business with customers and within their own enterprise Spend at least $5 million on Internet systems Have multiple dedicated e-teams and at least 2% of total employees dedicated to these systems Are developing their core business using a new model and are building new business DATA: Meta Group _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ BACK TO TOP					MORE NUGGETS Surprise! The Winner is Yahoo! Why the top travel site of the future could be a portal Which Java Rocks The most popular programs used to create Java applications are made by Microsoft The Online Mortgage Business Is Set to Boom In 1998, online mortgage brokers originated loans worth $4.1 billion, a huge sum for an infant industry The Last Mile Many still cite privacy concerns as a key reason for not shopping online The Mother Lode Collected nuggets from Data Mine