Posted: May 26, 2011 by Wildcat in Uncategorized

McKinsey – Internet matters: The Net’s sweeping impact on growth, jobs, and prosperity (70 pages)

Two billion people are connected to the Internet. Almost $8 trillion exchange hands each year through e-commerce. In some developed markets, about two-thirds of all businesses have a Web presence of some kind, and one-third of small and medium-sized businesses extensively use Web technologies.

The Internet compares well with the development and commercialization of electric power.

* more than 75 percent of the value added created by the Internet is in traditional industries

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