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SEMINAR ON M-COMMERCE. PRESENTED BY AMIT.M.PATEL. INTRODUCTION. M-COMMERCE IS A LATEST BUZZWORD IN THE AGE OF NEW ECONOMY. MAKING ONLINE TRANSACTION ANYTIME OR ANYWHERE IS M-COMMERCE. e.g. WHILE YOU ARE TRAVELLING IN A CAR OR JUST TAKING AN EVENING WALK. DEFINITION.
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SEMINARONM-COMMERCE PRESENTED BY AMIT.M.PATEL
INTRODUCTION • M-COMMERCE IS A LATEST BUZZWORD IN THE AGE OF NEW ECONOMY. • MAKING ONLINE TRANSACTION ANYTIME OR ANYWHERE IS M-COMMERCE. e.g. WHILE YOU ARE TRAVELLING IN A CAR OR JUST TAKING AN EVENING WALK.
DEFINITION • “M-COMMERCE IS THE USE OF MOBILE HANDHELD DEVICES TO COMMUNICATE,INFORM,TRANSACT AND ENTERTAIN USING TEXT OR DATA VIA CONNECTION TO PUBLIC AND PRIVATE NETWORKS.” (LEHMAN BROTHERS)
CHARACTERISTICS OF M-COMMERCE • UBIQUITY • CONVENIENCE AND ACCESSIBILITY • LOCALIZATION • PERSONALIZATION • FORM FACTORS • BANDWIDTH AND CAPACITY • THE VALUE CHAIN
MAIN FEATURES OF M-COMMERCE • IMMEDIACY • CONNECTIVITY • LOCALIZATION • DATA PORTABILITY
M-COMMERCE ENABLING TECHNOLOGIES • NETWORK TECHNOLOGIES • SERVICE TECHNOLOGIES • MOBILE MIDDLEWARE • MOBILE COMMERCE TERMINALS • MOBILE PERSONALIZATION TECHNOLOGIES • WIRELESS INTERNET STANDARDS
M-COMMERCE APPLICATION & TRENDS • SMS • MICRO-PAYMENTS • FINANCIAL SERVICES • LOGISTICS • INFORMATION SERVICES • WIRELESS CRM SERVICES • OTHER MOBILE SERVICES
PRIVACY AND DATA PROTECTION • REGULATORY ISSUES • MOBILE SECURITY
M-COMMRCE CHALLENGE • IT INVOLVES INCREASING AVAILABLE WIRELESS BANDWIDTH. • NEED TO CONVERT EXISTING PDA AND CELL PHONES TO INTERNET-ENABLED DEVICES. • INFORMATION AND SERVICES MUST BE ADAPTED TO SMALLER SCREENS. • TO ESTABLISH AN INTEGRATION INFRASTRUCTURE, REDUCE IMPLEMENTATION AND OPERATION COSTS.
TECHNICAL PROBLEM IN SUPPORTING M-COMMERCE TRANSACTIONS • MORE ERROR PRONE. • LOOSES NETWORK CONNECTION. • SHOULD BE ABLE TO CONTINUE TRANSACTION AFTER TERMINAL HAS BEEN RECHARGED OR REBOOTED AND COMMUNICATION HAS BEEN REESTABLISHED. • INFORNATION STORED FOR RECOVERY PURPOSE AT THE TERMINAL MUST NOT BE LARGE.
VITRIA’S M-COMMERCE SOLUTION’S BENEFITS • RAPID & COST EFFECTIVE. • LOWER COST OF DEVELOPMENT. • EASY IMPLEMENTATION & MODIFICATION. • IMPLEMENTATION OF REAL TIME CUSTOMER MANAGEMENT. • ABILITY TO EFFECT REAL TIME CHANGES,GAIN REAL TIME VISIBILITY. • HIGHER REVENUES THROUGH EXCELLENT CUSTOMER SATISFACTION.
CONCLUSION • RAPID ADVANCEMENT OF TECHNOLOGY AND REQUIREMENT FOR ANYTIME-ANYWHERE ACCESS IS INHERENT. • WIRELESS PLAYER NEED TO CAPITALISE ON M-COMMERCE BUSSINESS OPORTUNITIES.