- Hello everybody, and welcome to Tech in 5 Minutes. Today, we are comparing intranet, internet, and extranet. Watch this video to know about the key advantages they bring to businesses.

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What is the internet? It is a global network with millions of computers, interconnected to communicate with each other and share information. The internet works thanks to a web of networked devices that allow digital information to travel across wireless signals and data lines constantly.

What are the benefits of using the internet? It's a no-brainer that the benefits the internet brings for businesses are invaluable. Among them are ability to reach unlimited markets, low cost marketing, ease of transactions, access to information, and internal and external communication.

Are there any drawbacks of using the internet? You won't believe, but there are some cons, too, such as malware and data thefts, impersonalization, and high competition. Can you think of any other drawbacks of using the internet? Share your thoughts in the comments.

What is an intranet? It is a private, secure network used by employees for internal communication and information sharing within a company or organization. The intranet may be accessed over one building, area, or even country. It is mainly used for internal collaboration, data sharing, and communication.

Since this is a private network, the information sharing is more secure. Well, it embraces such functionality as staff information management, content management, staff communication and collaboration, projects and task management, learning management, and staff self-service tools.

What about the benefits of using an intranet? It improves internal collaboration and communication. It is cost effective and great for business management. It involves only specific users.

Additional benefits include-- it provides platform independence. It enhances employee productivity. It is also much more secure. And you can get immediate updates whenever it's necessary for your company.

And are there any drawbacks of using an intranet? Among the most notable are costly implementation. It is complex to maintain. And there are still security threats you need to tackle.

Now let's move on to the extranet. It is a private secure network aimed at sharing business information with partners, suppliers, current and potential customers, vendors, and other businesses. Extranet establishes a centralized channel for communication between the organizations and outside parties.

As you can see, extranet is best used in synergy with intranet. The key functionality of extranets include collaboration with business partners and communication with customers and customer self-service.

It's time to make a quick stop and recommend a good reading for you. We have a great guide comparing e-commerce versus e-business. Find a link in the description to learn more on the topic. Let's move on.

What are the benefits of using an extranet? Among them, we define streamlined business process management, as you can automate a lot of routine business operations, high security of data, due to advanced security measures, and increased customer satisfaction. Extranets make your business 24/7 accessible for your customers.

And are there any drawbacks of using an extranet? Yet nothing is perfect in this world, and extranets have their flaws, such as implementation and maintenance costs. These expenses cover hardware, software, staff training, and repair costs if needed.

Also, there are certain security issues. They may happen due to compromise passwords or IDs that will allow an outsider to access confidential information.

Let's review key differences of extranet versus intranet versus internet. Well, both intranets and extranets provide companies with the ability to organize a collaborative digital workspace. We can compare them by size, purpose, regulation mechanisms, security, access, and user training requirements. You can pause the video and review the table more closely.

To sum it all up, if you need a platform that will improve internal communication processes, information exchange, and boost the employee experience, an intranet is the best match for you. And on the contrary, if you want to foster strong relationships with business partners, customers, vendors, and suppliers, investing in an extranet platform is the right idea.

And which of them would you choose? Leave a comment below. Also, share which topics we should cover next on our channel.

This video was prepared by the Jelvix team. Jelvix helps top brands worldwide to innovate and accelerate digital transformation. We provide world class enterprise software engineering, design, and technology consulting services. Find our contact details in the description box.

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