On an extranet a business can instantly change, edit, and update sensitive information such as price lists or inventory information. Compared to typical paper-based publishing processes, an extranet offers a unique opportunity to quickly get information into the right hands before it’s out-of-date. Reduced inventory.

Intranets serve an organization’s digital communications needs. They also provide a secure space for storing, accessing and developing electronic materials. Using intranets to replace older business solutions can produce big gains in efficiency by speeding up workflows and reducing errors.

Uses of Internet for Business

• Ecommerce.
• Media site of a company.
• Social Media.
• Customer Relationship Management (CRM)
• Supplier Management.
• Employee Productivity enhancement.
• Video conferencing.
• Market Research.

Do you think that business use of the Internet, intranets, and extranets has changed what businesspeople expect from information technology in their jobs? Certainly business people expect more from information technology in order to do their jobs.

An intranet gives you a place to store and share company documents in an easy-to-use, easy-to-search location. A company intranet also allows you to document knowledge in the form of wiki articles.

Banks, brokerages and other institutions use extranets to perform a variety of transactions, covering everything from consumer banking to check-clearing services. Even the Internal Revenue Service has developed an extranet that allows tax-processing companies to submit forms over the Internet. Online catalogs.

A good example of an extranet network would be Sharepoint. Extranets act as a system of engagement for your business’s prospective clients. Just as intranets can increase employee engagement, extranets expand to engage individuals outside of your organization too.

Key benefits of extranets allow you to: communicate and collaborate more effectively – with clients, customers and stakeholders via a secure network. integrate supply chains – eg consolidate processes such as online ordering, order tracking and inventory management.

An intranet is a private network, operated by a large company or other organisation, which uses internet technologies, but is insulated from the global internet. An extranet is an intranet that is accessible to some people from outside the company, or possibly shared by more than one organisation.

Disadvantages of Extranet

• Cost. It is no doubt that extranet involves direct expenses such as hardwares, softwares and training of employees.
• Maintenance. Both extranet implementation and maintenance is made expensive within an organization.
• Dependency.
• System Protection.
• Communication Delay.
• User Friendliness.

An example of an intranet is a website that is exclusively used by an airline company to deliver updates and information to its workforce. Question: What is intranet software? Answer: An intranet software allows companies to build a private, secure network that can only be accessed by that company’s employees.

An extranet is similar to an intranet, but is accessible via a Web portal. An extranet may be accessed from anywhere if the user has a valid user name and password. The purpose of this type of network is to allow collaboration and sharing of resources not only in-house but with a select group of outside users.

Intranets and extranets both allow businesses to store and share critical group calendars, documents, and projects in a central location. Both intranets and extranets allow for improved collaboration among employees, distributed workforces, customers, and partners — thus allowing for increased productivity.

Extranet refers to network within an organization, using internet to connect to the outsiders in controlled manner. It helps to connect businesses with their customers and suppliers and therefore allows working in a collaborative manner.

Simply stated, an extranet is established to create special access to critical company data intended for different groups, like customers or suppliers. At the same time, the presence of an extranet limits access to the information needed by an individual customer and prohibits access to other proprietary company data.

Extranet helps in improve company efficiency and output by automating procedures that were done manually in the past. Automation can also decrease the scope of mistake. Work is done quickly as compared to past manual systems.

Features of Extranet are:

• Enhanced communication:
• Better productivity:
• Better delivery of information:
• Effective security:

Extranet: A controlled, private network allowing third-party partners to gain information, typically about a specific company or institution, and do so without granting access to an organization’s entire network. Intranets and extranets perform similar functions, but for different subsets of people.

An extranet is a controlled private network allowing customers, partners, vendors, suppliers and other businesses to gain information, typically about a specific company or educational institution, and do so without granting access to the organization’s entire network. An extranet is often a private part of a website.

An extranet is a private network similar to an intranet, but typically open to external parties, such as business partners, suppliers, key customers, etc. The main purpose of an extranet is to allow users to exchange data and applications, and share information.