The Impact of the Internet

Network Economy (Internet Strategy)
Knowledge Center

Jaap de Jonge
Editor, Netherlands

The Impact of the Internet

Since we are approaching the end of year, I was thinking back to the end of the 20th century. The year was 1999 and at the time I worked as an Internet strategy consultant at Cap Gemini Ernst & Young. I lectured and advised a range of senior executives about the consequences the Internet was going to have for their businesses and organizations.

I remember telling retailers that according to IDC global e-commerce revenue was going to reach several billion dollars within five years. I told people from the record industry they should move to completely new business models (for the younger people amongst you, at the time people were still buying music on CDs; iTunes and YouTube didn't exist yet). I told people from the banking industry that the Internet was going to revolutionize the relationship with their customers, required a total redesign of their back office systems, and was going to change their organizations (banking retail networks). Just to mention a few things ☺.

Hardly anyone believed me. People were responding: "... but Mr. de Jonge, we have been in this business for over 100 years and now you're telling us that all of this is going to change real soon, come on, surely you can't be serious, ha ha".
Obviously these people were wrong. But so was I, because the impact of the Internet turned out to be a lot bigger than even I imagined. A big part of that was caused by combining Internet with mobile technology into user-friendly smart phones (thanks to the creative genius of Steve Jobs).

Does that mean that we now more or less understand the future impact of the Internet? My 2 cents is that we do not, because we have just seen the beginning. There is more, much more yet to come. I believe most of that will be caused by combining internet technology with all kinds of other technologies. Google Glass and Apple Watch are just initial, obvious consumer examples.
Such combinations of the internet with other technologies will make things easier for people and completely change the way we communicate, live, learn, work, and manage our organizations and businesses. The impact of the Internet beyond 2015 will be a lot bigger than its impact until now. Do you agree?

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  Emmanuel Daniel.
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  Scott Schaffer
Professor, United States

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Agree, that we are not even close to the end of th...

  Sandy Szilage
United States

Impact of Internet Beyond 2015

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  Augustine Manyau, Zimbabwe

Impact of Internet Beyond 2015

It is at one's peril to deny that internet now dic...

  P S Grover
Director, India

Internet: Greatest Change Agent Ever

It is true that internet technology is the greates...

  Sachin Narayan Nagle
Manager, India

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Hi, currently everyone is getting dependent on the...

Professor, Ukraine

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Yes, it's true, Internet has brought many good thi...

  Martijn van der Werf
Business Consultant, Netherlands

Internet Will Bring Businesses Down

I believe that the internet has shifted from being...

  Martin Lekoski, Slovakia

The Positive and Negative Impact of the Internet

Indeed, the technology may have improved. The inte...

  Hafiz Hamza Abuelyamen
Strategy Consultant, Sudan

The Gap Between Modern and Traditional People and Businesses Will Increase Persistently

The gap between modern (using internet) and tradit...

Student (University), Malaysia

Impact of Internet Beyond 2015

The internet is disseminating any kind of insights...

  M Johnson
Management Consultant, Australia

Impact of the Internet Beyond 2015

The internet will have an increasing impact on our...

  Andrew Blaine
Business Consultant, South Africa

Internet Future and Free Choice

@M Johnson: God forbid that your predictions come...

  Sandy Szilage
United States

Internet Beyond 2015

@Andrew Blaine: Andrew, there will always be a hum...

  Bill Boynton
Teacher, United States

'Wow' what an Opportunity to Learn and Grow

The concepts of the internet's effect on our lives...

  Hafiz Hamza Abuelyamen
Strategy Consultant, Sudan

Wow what an Opportunity

@Bill Boynton: It is an opportunity that brought O...

  Gary Wong
Consultant, Canada

BigHistoryProject Says Yes

I agree with Jaap, even if we may be calling it so...

  Andrew Blaine
Business Consultant, South Africa

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@Sandy Musallam: And in your answer lies the probl...

  Jaap de Jonge
Editor, Netherlands

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Thanks all for your excellent contributions so far...


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