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B to B, October, 2001

U.S., global b-to-b poised for growth

Despite the current down economy, geopolitical uncertainty and the allied war on terrorism, b-to-b e-commerce in the U.S. and internationally is poised for marked growth, according to a new report. By 2005, b-to-b e-commerce revenues in the U.S. and internationally will hit $1.6 trillion and $2.8 trillion, respectively, according to International Data Corp., Framingham, Mass. This year, b-to-b e-commerce revenues in the U.S. and internationally will be $174 billion and $291 billion, respectively. North American companies are poorly prepared to take advantage of the coming global boom, according to IDC. Only 12% have Web sites that are multilingual. That compares with 50% of Asian companies and 40% of Western European...

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