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OPINION: How to Minimise E-Business Risks.
Mar. 5--The importance of e-business, and the growing dependence of businesses in Asia on electronic information is a 21st century fact.
The Gartner Group, a technology consultancy, forecasts that US $15 billion in e-business transactions will be generated in Thailand alone this year. World Bank statistics show that the average Thai firm could increase profits by nearly 65 percent annually with employment of electronic supply chain management.
However, as e-business disruptions do occur, both large and small companies might ask the question: "Are the benefits worth the risks?"
The answer is, yes -- but only when the right risk-management programmes are in place. Leading companies must ensure that operational resilience is at the top of their best practice list for web-based products and ...
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Source: HighBeam Research, OPINION: How to Minimise E-Business Risks.