Web has changed every aspect of life. However, no area is going through a significant and rapid change like today’s business world. Businesses start to achieve real business value as they integrate Internet Technology into their core processes. Today, major corporations are rethinking their businesses in terms of the internet and its new culture and capabilities. Companies are using the Web to buy parts and supplies from other companies, to communicate with their partners, to collaborate on sales promotions and to transact commerce. This is e-business, where the strength and the reliability of traditional information technology meet the Web. E-business isn't about re-inventing "the wheel" of your business. It's about streamlining current business processes which improves operating efficiencies, which in turn will strengthen the value you provide to your customers. It is the powerful business environment that is created when you connect critical business systems directly to customers, employees, vendors and business partners using Intranets, Extranets, e-commerce technologies, collaborative applications and the Web. This paper examines the role of e-business on business processes and will also emphasize on the emerging importance of e-business. ...
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