LG CNS bags USD 3.5 ML deal of Nepal Telecom

June 20th 2009, LG CNS India reported to bag the deal of USD 3.5 Million from Nepal Telecom. The project contains the delivery, implementation & support of ERP system based on Oracle eBiz Suits. Nepal Telecom (www.ntc.net.np ) is the biggest Telecom provider in Nepal while LG CNS India is one of the leading IT services & solution company in Asia ( www.lgcns.com )

E-Business a real Fertile ?

Hi friends,
I got a chance  for extensive travel oppurtunity in last 2 yrs. Various locations, industries, companies, countries and business. The day I saw the computer first time in my life, way back in 1997, I was amazed. with the introduction of Internet it added more blood to my enthusiasm. After 10 yrs when I compare the power of Internet, it somehow does not satisfies me. Every where the same challenge and same uncertainty about E-Business.

Internet has become a part of human life these days, but not the E-Business and which is fairly true. I am not saying that it’s not picking up but not with the pace it should be. People has accepted the Internet but still not mucg confidence in E-Business. If you see the tunnel, you will see only personal chatting, emailing, surfing, social networking are the main area which are occupied the space. Very few part of this world has accepted the Internet with E-Business.

It’s not like as we don’t know the power of E-Business or its reach, but somehow we are not ready to accept the same. E-Business is not meant to be like free information portals i.e msn.com, yahoo.com, digg.com, rediff.com etc, it’s aplace where people can bargain, shop, can male payment, visit to multiple stores online to buy, trading online. To accomplis all above you need to have an online store similar to what business owner keep in any of the location, payment processing methodology by which customers can make the payments, can get the bills, Invoices, track down accounts, shoping cart etc.

How many business are there currently in this word and against of that how many business have E-Business capacity as added tools with that. Hardly 20%. why is that so. Financial sector has distributed the plastic money in terms of Debit or Credit every where. so where is a road block. why people are still not getting engage with E-Business.

There are entrepreneur, I know, who are keen to invest the money in dot com business but hicking ups due to all above uncertainty. Is there any thing which making e-Business to gain confidence in people or business owners. Are we lacking to explain the potential and advantages of E-Business among the people.

What is that ! Why E-Business is not nourishing as it should be today…………

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