E-BUSINESS IN LITHUANIA Students of Kaunas University of Technology: Reda Blažaitytė Lina Kaušylaitė Karolina Auštraitė Rūta Lynikaitė Arūnas Liuiza

2 Agenda Lithuania and our university General review of e-business in Lithuania Support for e-business Examples of e-business projects LithuaniaE- business reviewSupport for e-businessSample projects

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Kaunas The second biggest city in Lithuania Population inhabitants Located at the confluence of the two largest Lithuanian rivers Students city Temporary capital of Lithuania Lithuanian basketball capital

Kaunas University of Technology The biggest technical university in Baltic states 13 faculties, 10 institutes, 4 sciences centres students, 1200 academic staff 36 bachelor programmes, 65 master programmes,17 doctoral degree programmes

6 Internet Usage and Population Statistics LithuaniaE- business reviewSupport for e-businessSample projects

7 Lithuania’s improvements in IT At the Network Readiness Index (NRI) rankings published in The Global Information Technology Report 2006–2007 among 122 countries Lithuania comes in at 39th place (5 positions up). For the first time Lithuania enters the top-40 league! LithuaniaE- business reviewSupport for e-businessSample projects

8 EU Structural Funds Support for E-business Under the Lithuania’s Action Programme for Economic Growth in Lithuania will get 14,2 mln. EUR EU Structural Funds Support for the development of e-business. LithuaniaE- business reviewSupport for e-businessSample projects

9 The Business Journal for the Information Society Three Baltic countries - Lithuania, Latvia and Estonia – publish the business journal for the Information Society Baltic IT&T Review. The journal contains articles about: E-government E-business E-companies E-society IT&T Market Networks Business Contacts LithuaniaE- business reviewSupport for e-businessSample projects

10 “Window to the future” Founders: –Omnitel - mobile telecommunications company, –TEO LT - fixed telecommunications company, –Hansabankas and SEB-Vilniaus Bankas - the largest banks in the country –Alna and Sonex Co. - the largest Lithuanian IT companies Partners: –Microsoft Lietuva, Sampo bank, Motorola, LAWIN, Deloitte, PR Service/Edelam Affilliate, DnB NORD bank LithuaniaE- business reviewSupport for e-businessSample projects

11 “Window to the future” Mission: –to promote the use of Internet in Lithuania and hereby stimulate the growth of living standard as well as Lithuania’s competitiveness among European and other countries of the world Aim: – –to increase the number of Internet users in Lithuania and achieve the Internet penetration ratio of the European Union over the period of three years. AgendaLithuaniaE- business reviewSupport for e-businessSample projects

12 “Window to the future” Fields of activities: –Internet access– establishment of Public Internet Access Sites –Training the society of computer literacy and Internet use –E-services to the citizens Achievements – –175 Public Internet Access Points – –20,000 people were trained – –Promotion of e- services – –50,000 citizens to be trained in two years AgendaLithuaniaE- business reviewSupport for e-businessSample projects

13 Project “Documents electronic interchange service authoring for business clients “B2B” centre” The project was realized by Join-Stock Company “Infomainai” The term of the project – 2006 y. July 3 d. – 2007 y. April 3 d. Project’s value – EUR The sum of support from EU – 50 % project’s value – EUR LithuaniaE- business reviewSupport for e-businessSample projects

14 “B2B” centre – what is it? This new service would –reduce administrative costs of Lithuanian companies, –increase their competitive ability, –stimulate the implementation of innovative process and the using of information technologies in companies work. LithuaniaE- business reviewSupport for e-businessSample projects “B2B” centre – such a way of documents exchange between partners, which will make better the results of business, it will help to save time and the investments to IT.

15 Procedure principals of documents exchange using “usual electronic” methods X accounting and business management system Module IS Navision Module IS Y Module IS Axapta Z accounting and business management system Module IS Navision Module IS Y Module IS Axapta Rivile Balance Module IS Navision Module IS Y Module IS Axapta Axapta Module IS X Module IS Z Module IS R.Balance Navision Module IS X Module IS Z Module IS R.Balance Y accounting and business management system Module IS X Module IS Z Module IS R.Balance INTERNET LithuaniaE- business reviewSupport for e-businessSample projects

16 Procedure principals of “B2B” centre Rivile Balance Connection module Z accounting and business management system Connection module X accounting and business management system Connection module Navision Connection module Axapta Connection module „B2B“ centre Y accounting and business management system Connection module …. LithuaniaE- business reviewSupport for e-businessSample projects

17 You may invest via the Internet into: Equities- the Internet enables you to acquire or sell equities Savings bonds- the Internet enables you to redeem the Government savings bonds held by an investor Investment funds- each trade company offers different investment funds LithuaniaE- business reviewSupport for e-businessSample projects

18 Using the Internet you may: learn the recent securities price and market trends place an order on equity, bonds, units of investment funds buying or selling; observe and analyze information on the securities portfolio being held. LithuaniaE- business reviewSupport for e-businessSample projects

19 Advantages of trading on the Internet: Quick- placement of orders via the Internet requires a shorter period of time Convenient- you do not have to contact broker every time you want to trade Simple- international stocks markets are reachable and available as well as domestic market. All transactions can be controlled from one trade- account. Useful- equity transactions will be cheaper compared to the standard methods Secure- safety of internet trading are guaranteed by highest standards. LithuaniaE- business reviewSupport for e-businessSample projects

20 Investment services providers Mostly investment services are provided by banks: SEB Vilniaus bankas Ūkio bankas Snoras Sampo Non-banking companies are providing on-line investment services and become more available for common people: Finasta LithuaniaE- business reviewSupport for e-businessSample projects

21 LithuaniaE- business reviewSupport for e-businessSample projects

22 eSignature JSC “EVP” (“Electronic Business Projects”) –Established in 2004 –4 big projects WebToPay.com - Internet settlement system gSMS.lt – SMS sending over Internet rinka.lt – Internet advertisement board eParasas.lt – eSignature system LithuaniaE- business reviewSupport for e-businessSample projects

23 eSignature – signing process Identity confirmation Document text input Declaration of other parties Signing Document reception confirmation Usage of valid document LithuaniaE- business reviewSupport for e-businessSample projects

24 eSignature Functional eSignature system, approved and monitored by Lithuanian government Integrated with most of e-banking services in Lithuania. Used by private and public sector LithuaniaE- business reviewSupport for e-businessSample projects

25 LithuaniaE- business reviewSupport for e-businessSample projects

26 The idea and achievements of The page was started in The idea of the site is that friends can communicate very easily, they can also see and reach people who are friends to their friends. Index of attainability is 56,95%. Now it has real users. LithuaniaE- business reviewSupport for e-businessSample projects

27 Entering LithuaniaE- business reviewSupport for e-businessSample projects

28 LithuaniaE- business reviewSupport for e-businessSample projects

29 LithuaniaE- business reviewSupport for e-businessSample projects

30 The idea and achievements of The page was started in The idea of the site is to create a club of “Ezys” users. Club members can come and use fee- paying services, to chat and even earn some money for their mobile needs. LithuaniaE- business reviewSupport for e-businessSample projects

31 The front page LithuaniaE- business reviewSupport for e-businessSample projects

32 Discounts & promotions LithuaniaE- business reviewSupport for e-businessSample projects

33 Mobile content LithuaniaE- business reviewSupport for e-businessSample projects

34 LEDAS LithuaniaE- business reviewSupport for e-businessSample projects

35 Tariffs LithuaniaE- business reviewSupport for e-businessSample projects

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Thank You for having no questions !