CEOs from around the world expect e-business to reshape their competitive landscape. Half also fear the Internet will widen the gap between developing and developed nations, while 38% believe it won't.
The findings come from a survey of 1,020 CEOs of corporations around the world by PricewaterhouseCoopers. The survey was released at the World Economic Forum in Davos, Switzerland, this week.
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CEOs worldwide expect the Internet to have a major impact on their business. Fifty-five percent of participating CEOs said they expect to be faced with nontraditional, Internet-based competitors. In the banking, communications and technology sectors, almost 90% of CEOs expect the competitive arena to be significantly or totally reshaped.
Nearly three-quarters of the CEOs said their companies conduct business transactions on their Web sites, with business-to-business transactions slightly outnumbering business-to-consumer transactions on a global basis.
The study also found that more CEOs are on the Web, with 40% saying they used the Internet for something other than e-mail on at least 10 days in the past month. That's up from 25% last year.
For more enterprise computing news, visit Computerworld online. Story copyright © 2000 Computerworld, Inc. All rights reserved.
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