The explosive growth of the Internet has also
lead to world wide attention. Several media sources have recognized
this and produced numerous facts and quotes related to the topic:
"Three years ago, 4% of Americans used the
Internet every day... today the figure is 25%" Fortune Magazine,
December 7, 1998.
"200 Million people use the World Wide Web
today... 500 million will use it in less than three years..." James
Canton, California Futurist, addressing the UNC School of Business on
November 12, 1998.
"U.S. business trade on the Internet will
explode from $43 billion in 1998 to $1.3 trillion in 2003" Forrester
Research, December 17, 1998.
"In 1996, 5 million people bought products and
services through the Internet; In 1997, 10 million people; In 1998, 17
million people" Newsweek, December 7, 1998
"Consumers are shifting their buying power in
favor of the Internet more rapidly than we had anticipated." Derek
Brown, senior analyst at Volpe Brown Whelan. USA Today, January 6,
1999.
"Online shopping will overtake catalog
shopping in the coming year [1999]." U.S. News and World Report,
December 7, 1998
"E-food and beverage sales will increase 50
times in the next five years"
"Dell Computer says $6 million per day is
spent at their web site; Dell estimates 50% of their sales will be
from the Internet by the year 2000"
"It took 34 years for radio to get 50 million
listeners, 13 years for television to get 50 million viewers, and only
4 years for the Internet to get 50 million users" Fortune Magazine,
December 7, 1998.
"Two converging trends, computer use in the
home and burgeoning online services, will make the Internet an
indispensable tool by the year 2002. When the Internet becomes a
direct-to-consumer distribution system, it will signal an enormous
change in retailing practices across the board." Harry Dent, The
Roaring 2000s
"This is not a rising tide- it’s a tidal
wave!" Fortune, December 7, 1998
"The Internet Revolution will begin to have an
even greater impact. It will determine which companies survive and
which ones get left behind." John Chambers, CEO Cisco Systems
"The potential of e-commerce is revolutionary
in its scope." Steve Case, AOL Chairman
"The days of the Internet viewed as a
stepchild to the brick and mortar business are gone." Internet
Business, December 1998
"Every company has to have a major Internet
presence." Business Week, December 1998
"Online shopping is going to keep improving
and keep sending shock waves through the world of retailing." U.S.
News and World Report, December 7, 1998
"The Internet represents an unparalleled
opportunity to change human history. Every aspect of our lives will be
affected by the Internet- from the way we communicate to how business
is done. There is no other medium possessing the ability to connect
the world in quite the same fashion [as the Internet]."
Robert G. Albertson, President Linx Networks, Inc.
"A company who can combine high technology and
high touch will be the ruler of business on the Internet." Bill Gates,
Business 2.0, December 1998
"Once you have created a network of
interdependent players, each of whom benefits every time another
player is added to the network, you have a value engine." Business
2.0, December 1998
"Internet or bust! Don’t get left in the dust.
The smartest companies are using the Net to create a whole new way of
doing business. Call it the E-CORPORATION." Cover, Fortune, December
7, 1998
