Today, Internet commerce holds a competitive edge in the market focus on access to information. It improves access to critical information and services while reducing the complexity of everyday business interactions. It improves productivity and simplifies all elements of commerce. It speeds transactions while reducing the cost of sales. And it personalizes communications by enabling users to interactively access the precise information and services that fit their particular needs.
Internet commerce takes much of the complexity out of everyday business interactions.
Many companies have recognized the advantages of Internet commerce, successfully deploying a wide range of applications to meet the needs of their stakeholders. Cisco Systems, for example, the worldwide leader in networking for the Internet, has a natural stake in the evolution of Internet commerce. Some 90 percent of the Internet is based on Cisco products. The company has focused on implementing a Global Networked Business model and, within that model, encouraging development of Internet commerce applications targeted at its key constituencies. The Cisco Internet Commerce Applications found within the Networking Products Marketplace, for example, are comprehensive, Internet-based tools that enable users to manage numerous business processes on line, including ordering products, tracking shipments, and monitoring maintenance and warranty agreements.