In today’s global economy, eCommerce and eBusiness have increasingly become a necessary component of business strategy and a strong catalyst for economic development. With developments in the Internet and Web-based technologies, distinctions between traditional markets and the global electronic marketplace are gradually being narrowed. The name of the game is strategic positioning, the ability of a company to determine emerging opportunities and utilize the necessary skills to make the most of these opportunities through an e-business strategy that is simple, workable and practicable within the context of a global information exchange and new economic environment.

The integration of information and communications technology in business has revolutionized relationships within organizations and those among organizations and individuals by enhancing productivity, encouraging greater customer participation, reducing costs, and enabling customization. In the evolving information age, Internet commerce is a powerful tool for economic growth. While there are indications of eCommerce among large firms in developing countries, there seems to be little and negligible use of the Internet for commerce among small and medium sized enterprises (SMEs). eCommerce promises better business opportunities, economic development, and sustainable growth for SMEs. However, the process can be extremely complex and confusing.

Illumonus is an experienced partner who can assist SMEs in all aspects of their eBusiness and eCommerce efforts. And as part of this assistance, we herein provide a series of informational discussions to assist in understanding some of the terminology, implementation topics, and technologies which SMEs may have to deal with in developing their strategic activities.