In a recent study by RHK, a marketing and research firm -- www.rhk.com-- monthly Internet traffic in the U.S. is currently operating at 100 Petabytes (Ed Note: Say what?) per month, or more than double the volume of long-distance voice calls nationwide each month. The report found that traffic grew by 100 percent in 2001, down from 130-percent growth in 2000 and 160-percent growth in 1999. Revenue growth, however, lags well behind, climbing only 17 percent in 2001 "Although traffic growth is still strong, it is growing at a less extreme pace than in earlier years, suggesting the Internet is following the usual curve for any maturing market," says Muayyad Al-Chalabi, director of RHK's Executive Strategic Partnership program. "The boom and bust of the dot-com era generated myths and unattainable expectations. It is important to have a realistic understanding of growth patterns, as they provide the best indication of the size of tomorrow's networks."
Did you hear?... Winter 2001 issue of Forbes' ASAP has a story on REI's internet operations
The winter 2001 issue of Forbes' ASAP has a story called Web Trails on REI's internet operations."A half-decade into the internet era," writes author Ken Yamada, "highly touted Web-based retailers, like Amazon, still struggle to achieve profits, while others like Webvan, have ...read more