The impact of the ICT revolution is more evident in the commercial world. The
rapid development of the internet has intensified on-line trading and globalized the market
for all types of products and services, gradually transforming the marketplace into a ‘virtual’
or ‘electronic’ marketspace - a ‘cyber-market’ or electronic market.
Dertouzon defines the information marketplace as ‘ the collection of people,
computers, communications, software and services that will be engaged in the intra-
organizational and inter-personal informational transaction of the future.
eBusiness replaces some to the off-line business transactions, but more importantly
it enhances the total transaction volume as both organizations and consumers take
advantage of the new tools to purchase products and services that many were unable to
purchase before.