The average cost of developing and launching an enterprise Web electronic commerce site is $US1 million, market research company Gartner Group has concluded in a new research study released last week.
Stories by David Legard
The rate of failures caused by the year 2000 (Y2K) bug will accelerate rapidly from the middle of this year onwards, according to Chris Morris, vice president of GartnerGroup's Asia-Pacific division.
As many as four carriers, including two from the US, are set to enter a bidding war for control of Australia's third-largest telecommunications company, AAPT, according to reports.
An intelligent form of SAN (storage area network) technology will be developed soon to help IS managers cope with an explosion in the size and complexity of corporate databases, according to Jason Ditcham, area network product manager for Storage Technology (StorageTek) in Asia.
Fifteen organisations drawn from financial institutions, mobile phone manufacturers, smart card vendors, telecommunications carriers, postal companies and universities have formed an alliance to offer a wide range of electronic services through smart card-enabled mobile phones, beginning next year.
Australian carrier Telstra has won a $US1 million contract from Vietnam's telecommunications authorities to ensure a smooth year 2000 transition for the country's international telecommunications network, according to the government-owned Vietnam News Service.
Singapore, Malaysia, Indonesia, Thailand and Hong Kong last week began a project to integrate online services and communities in the five countries into a single virtual network called Community Connection.
Smart card providers need to put a variety of applications on cards or consumers will not use them widely, according to Peter Nankivell, national manager for cards and integrated applications at telecommunications carrier Telstra.
Six members of the Asia-Pacific Economic Cooperation (APEC) group have agreed to implement Phase 1 of the group's Telecommunications Multilateral Mutual Recognition Arrangement (TEL MRA), the group has reported. The MRA aims to liberalise telecommunications trade within APEC by providing for equipment tested in one participating country or territory to be automatically certified for use in any other.
IBM has announced it will spend around $US30 million over the next five years to set up and run a microchip design centre in Singapore.
Although only two per cent of Visa International's credit card business relates to Internet transactions, 50 per cent of its disputes and discovered frauds are in that area, according to the company.
Very few Asian companies to date have developed Web sites which can handle business transactions, according to Dennis Philbin, managing director of research company IDC Asia-Pacific.
Many corporate chief executive officers (CEOs) are like "deer caught in the headlights" of the onrushing Internet juggernaut, according to Ray Lane, president and chief operating officer of Oracle Corp.
Giving the keynote address at the Oracle Open World conference here today, Lane said that the Internet would cause businesses to face more changes in the next five years than in the past 50 years.
The year 2000 problem (Y2K) has been made worse by restrictive licensing practices which are now common among software vendors, according to Richard Stallman, founder of the GNU Free Software Foundation.
The Y2K problem mostly affects older software programs which use a two-digit date field instead of today's four-digit date field. Computer programs using a two-digit date field may not know whether "00" means 1900 or 2000, which could cause them to malfunction or shut down on Jan. 1, 2000.
Lotus Development Corp. will release an application development toolkit for its QuickPlace Web-based teamware application to enable third-party developers to take advantage of high-speed broadband networks, the company said here yesterday.