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Published in:
2008 | OriginalPaper | Chapter
e-Business: electronic business and PLM
Published in: Product Lifecycle Management
Publisher: Springer Berlin Heidelberg
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This chapter goes into the significance of product lifecycle management from the e-business point of view and looks at the relationship between PLM and e-business.
Modern, advanced information technology has made the electronic business – e-business – possible. At the end of the 1990s its growth potential looked limitless and its growth rate was extremely fast, but growth in the early twenty first century has proved to be slower than anticipated. In particular, growth of consumer directed e-business is considerably slower than anticipated. In spite of this, electronic business is the sure trend of today and the future, and everyone will join the party according to their own schedule. e-Business conducted between companies, business-to-business or B-to-B, has been growing strongly of late. A lot is expected from electronic B-to-B but it also provides many opportunities in addition to mere expectations.