Money, Money, Money!

The term "e-Business" was coined by Lou Gerstner, CEO of IBM. Wikipediadeines it in a broad and general sense as "any business process that relies on an automated information system. Today this is mostly done with web-based technologies."

This amazing process, that holds as proof of the vast change in our world, "enables companies to link their internal and external data processing systems more efficiently and flexibly, to work more closely with suppliers and partners, and to better satisfy the needs and expectations of their customers."

The top 10 companies who have made it big online are as follows:

• E-Bay
• Yahoo!
• You Tube
• Amazon.com
• Facebook
• Skype
• CNN
• iTunes
• Google
• Hotmail
  

E-Commerce has been defined as "a subset of an overall business strategy. [It] seeks to add revenue streams using the World Wide Web or the Internet to build and enhance relationships with clients and partners and to improve [efficiency]."

The top 10 companies who have failed to make it big online are as follows:

• GovWorks.com
• Pets.com
• Kozmo.com
• eToys.com
• Webvan
• Flooz.com
• Boo.com
• Go.com
• MVP.com
• Kibu.com