What is e-business, its advantages and differences vs e-commerce
Technology has arrived to change many aspects of our lives, and the business world. Currently, the transition to a more digital and technological world is marked by the processes of businesses. These tools are seen as a way to adapt to change and meet challenges more quickly and efficiently.
In the past, this adaptation to the new digital era could be seen as something aimed at large companies with more resources. Today, however, small and medium-sized businesses also use technological resources to adapt to the digitalisation of processes.
Thanks to technology, commercial relationships and business have been transformed. Do you want to know what e-business means and what its advantages are? We also tell you the differences between e-commerce and e-business.
What is a digital-first strategy? Learn more about it and how it can help a company grow!
What does e-business mean?
Although the term e-business can be confused with e-commerce, when we talk about e-business or electronic business we need to better understand what digital transformation is as they are closely related.
E-business does not only refer to those businesses that sell online but this term can be applied to companies in any sector and industry, regardless of the services or products they offer. Moreover, e-business is not only about using technology but also about changing the business culture and integrating digital tools that help in the transformation and automation of processes.
As you can see, it is a new way of dealing with business transformation through the use of technology. All this makes companies more efficient and faster in their processes.
E-business is bringing about a major change in business management, affecting all stages and areas of a company.
Advantages of e-business
The current changes in the markets and the development of globalisation have meant that businesses need to adapt more quickly to new situations. For this, the use of technology has been a turning point and e-business has brought numerous advantages that we will tell you about below.
E-business means that a company is more innovative and modern. By applying technology, the way employees work or the experiences of users can be improved. E-business also makes a business more adaptable to challenges. In this way, businesses can take advantage of new opportunities to grow.
Incorporating technologies allows for better management and organisation of processes and tasks. Moreover, being able to automate some of them improves efficiency and productivity.
The involvement of technology and digital tools makes data the order of the day. Through all the information that these resources offer companies, decision-making is improved, as well as the analysis of market trends to subsequently take advantage of opportunities.
As you can see, those businesses that are not e-businesses may find themselves at a disadvantage. Their ability to adapt and manage their processes will not be as efficient as those companies that are technology-driven.
E-business vs e-commerce
Although they may seem similar concepts, there are differences between e-business and e-commerce. The former is a much broader concept that encompasses the latter.
E-commerce refers more to the development of an online shop and the buying and selling of products and services over the Internet. However, e-business implies a process and a cultural change in a company towards digital, which is a more open concept than when we talk about e-commerce.
In ABAMobile we have been seeing for more than 10 years how businesses transform themselves at the same time as technology is developed and implemented in production processes. That is why we have experience in developing customised mobile solutions for each company. Contact us to start your next project and boost the productivity of your business.
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