Autonomic Computing

Open Standards

We have already identified that the IT industry is going through major changes. New technology—such as autonomic computing, Web services, and grid computing—is creating tremendous opportunities to massively increase business profitability. The potential of these technologies to transform business is amazing, and open standards will play a critical role in this new e-business on demand world. Just as open standards were critical to the emergence of the Internet and the first generation of e-business, they will play a critical role in the e-business on demand generation.

We can define open standards as interfaces or formats that are openly documented and have been accepted in the industry through either formal or de facto processes, ...