Community Research and Development Information Service - CORDIS

XML business framework

The United Nations body for Trade Facilitation and Electronic Business (UN/CEFACT) and the Organisation for the Advancement of Structured Information Standards (OASIS), have joined forces to initiate a worldwide project to standardise XML business specifications.

XML (Extensi...
The United Nations body for Trade Facilitation and Electronic Business (UN/CEFACT) and the Organisation for the Advancement of Structured Information Standards (OASIS), have joined forces to initiate a worldwide project to standardise XML business specifications.

XML (Extensible Mark up Language) offers exciting new opportunities for the exchange of business data, allowing computers to do a great deal of processing on the spot. The combination of more efficient processing, more accurate searching and more flexible linking is set to revolutionise business on the Internet.

The Electronic Business XML Working Group is a joint initiative set up to develop a technical framework that will enable XML to be utilised in a consistent manner for the exchange of all electronic business data.

Industry groups currently working on XML specifications are invited to participate in the 18-month project, the results of which will be placed on both organisations' websites.

'To be effective for global business, it is vital that XML specifications are based on a common framework,' explained Bill Smith, president of OASIS. 'That framework does not exist today and, consequently, there are many - often competing - efforts underway worldwide. This new Electronic Business XML Initiative will end the confusion and duplication of effort that currently exists.'

Ray Walker, chairman of the UN/CEFACT Steering Group added, 'This is good news especially for small and medium-sized companies, developing countries and economies in transition. In the long term, this initiative will contribute to the growth of world trade.'

The Electronic Business XML Initiative will be led by Klaus-Dieter Naujok of the Harbinger Corporation, a senior member of the UN/CEFACT Steering committee, and Dr Robert S. Sutor of IBM, the Chief Strategy Officer of OASIS.
Follow us on: RSS Facebook Twitter YouTube Managed by the EU Publications Office Top