E-Business, a New Way of Trading in Virtual Environment Based on Information Technology

The age of Information technology with lots of services is upon us. Nowadays, using computers to do all sorts of daily tasks has become a necessity. Internet technology is changing faster, and the pace of it’s innovation and adoption is truly staggering. Apart from sharing or transacting data/information, all types of business transactions are frequently done through Internet. Over time people prefer staying in front of the PC and doing any business transactions for convinience and saving time. Hence, E-business is the key to make life easier for the people. Knowledge of e-business environment is essential for doing business in this century. New technologies for extracting knowledge from data must be understood and applied.