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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 75.19-0.1%Jan 16 9:30 AM EST

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To: elmatador who wrote (28459)9/28/1999 2:38:00 PM
From: Lizzie Tudor  Read Replies (1) of 77400
 
OT OT OT
Fwiw this XML piece pretty dramatically understates the challenges in B2B commerce... xml does some good things but in no way solves the problems that have always existed with standardization.

The only drawback is that for XML to work properly, there has to be some agreement on definitions. It may be possible to achieve this within particular professions or industries, perhaps using an information intermediary as both initiator and ring-master. But to ensure that there is a shared language of business on the Internet, cross-industry initiatives are also needed.

We've been trying to do this for YEARS. And cross-industry groups have been formed and abandoned. The web assists in removing one of the barriers that used to exist which is the transport issues, and XML is a step in the right direction with this tagging as opposed to the positional structure we had with EDI.
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