PracticePeople In PracticeFinance sector maintains faith in ebusiness

Finance sector maintains faith in ebusiness

Despite a traumatic time for many dotcoms, financial businesses in the UK and throughout Europe remain unshaken in their commitment to ebusiness and have instead adopted a pragmatic approach to the new economy.

Research of the finance industry, commissioned by Intel and based on 142 interviews with IT, sales and marketing and finance directors in France, Germany, Italy and UK during June and July 2001, revealed just three percent of UK directors feel any lack of enthusiasm for e Business resulting from the dotbombs compared to 12% throughout Europe.

Furthermore, only 24% of European directors in the finance industry cite lack of money as a constraint.

According to the survey, business leaders see a well-attuned company culture, multi-skilled employees and companies’ external and internal communications patterns as the most challenging issues for the success of the new economy.

Links

www.intel.com/ebsp

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