Large enterprises, such as Mando Corp., LG, KT, SK, Hanwha, CJ and Kolon, are participating in CBEA and Mando President & CEO Oh Sang-Soo will be the first chairman of the association.

CBEA plans to implement a wide variety of projects to help enterprises double their business performance results by utilizing e-business infrastructure. The association will be engaged mainly in the dissemination and supply of web service business, in particular, under promotion by the MIC starting this year and will actively second the opinions from business communities to the government. To support this, it has decided to establish an affiliated corporate e-business strategy research institute.

The projected research institute will consist of various subcommittees to study e-business utilization, e-business trends, SCM, CRM, e-business integration, standardization, etc. and will develop index models for appraisal of web utilization.