English - English
Definition of ebusiness in English English dictionary
- eBusiness is commerce conducted in cyberspace It is the execution of real-time business processes with the assistance of Internet technologies
- Derived from such terms as "email" and "eCommerce," the conduct of business on the Internet This includes not only buying and selling but also servicing customers and collaborating with business partners
- business that is primarily carried out electronically over various networks (e g , intranets, extranets, and/or the Internet using the World Wide Web) and that typically uses Web technology to: Streamline business processes Increase productivity and efficiency Easily communicate with partners, vendors and customers Connect users to back-end applications and databases Transact commerce in a secure manner (i e , eCommerce)
- in essence, it's business on the Internet-butit also includes all the processes involved in business
- Not just e-commerce transactions but redefining traditional business models with the aid of technology to maximise customer value Ebusiness is an overall strategy - ecommerce is a facet of it