Top 10 eCommerce Developments of the Last Decade
The Software & Information Industry Association (SIIA), the principal trade association for the software and digital information industry, announced its list of the top ten developments that have had the most significant impact on electronic commerce over the last decade.
“Electronic commerce has provided a significant engine for the growth of the global economy and has sparked the delivery of a multitude of innovative products and services,” said Ken Wasch, President of SIIA.
“These developments reflect the unique nature of the Internet, which has allowed creativity, ingenuity and entrepreneurship to flourish.”
Wasch continued, “It’s no surprise to see Google rank as the most important eCommerce development in the last 10 years. But the list also includes several eCommerce tools that have become so commonplace, we almost forget they didn’t exist 10 years ago.”
“Ubiquitous broadband access, extensive WiFi connectivity and access to open standards are simply fundamental to eCommerce today. The list also recognizes more recent developments – such as iTunes and user-generated content – which are in the process of dramatically transforming the way we work and live.”
The top 10 developments are:
- Google (Sep 1998)
- Broadband Penetration of US Internet Users Reaches 50 percent (Jun 2004)
- eBay Auctions (launched Sep 1997)
- Amazon.com (IPO May 1997)
- Google Ad Words (2000)
- Open Standards (HTML 4.0 released – 1997)
- WiFi (802.11 launched – 1997)
- User-generated Content (YouTube 2005)
- iTunes (2001)
- BlackBerry (1999)
The Top 10 developments in eCommerce were ranked by policy and industry experts from a wider list of developments chosen by SIIA staff. Voting occurred over the past month.