It's time for act ii in the internet revolution. the first act belonged to dot-coms with big visions and small bank accounts. Now the stage will be taken by big companies that move their factories, warehouses and customers onto the Web. Who are the executives winning this competition? We portray 12 of them here, in our third annual round-up of digital innovators. Together the companies these executives lead employ almost 1 million people and have more than $400 billion in revenues. They aren't playing for paper options or the fast flip. Their drive is to serve customers, eliminate inefficiency and spark new growth. They have bet big on the Internet, and they already are making it pay off. The stock market has yet to lavish its richest rewards on traditional firms. But make no mistake, says GE's Jack Welch: "The productivity and [market] share gains of the Old Economy companies dwarf the growth of the New Economy companies."
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