How high will Microsoft fly? Message Board

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Technology Stocks : How high will Microsoft fly?

MSFT 484.85

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Dec 22 3:59 PM EST

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To: dybdahl who wrote (52407)	10/31/2000 8:14:56 AM
From: Bill Fischofer	Read Replies (1) of 74651

Re: Benefits of XML To understand why XML is important you have to look at where the net is headed, not where it is today. Today the net is dominated by people interacting with information--this is the "Stage I" net made possible by HTML. Tomorrow's "Stage II" net will be dominated by machine to machine interactions (see Neil Greshenfeld's seminal "When Things Start to Think"). In this world information content not just layout must be encoded in standard forms to allow for seamless interchange. This is what XML does. The transformation from encoded content to human-consumable form is actually done by XSL (the eXtensible Stylesheet Language) which enables information to adapt to the differing requirements of, for example, a full-featured browser on a PC vs. a PDA vs. a cellphone. It is only when information content is encoded in standard forms that true B2B ecommerce is possible. A shopping agent, for example, is interested in comparing prices and availability from multiple potential suppliers. First-generation EDI systems did this within closed networks whose members each reinvented the wheel and were mutually incompatible. XML-based schemas enable the same functions to be performed on an open basis which enables broad-based competition which drives efficiency and productivity to the benefit of all. Most people are familiar with the notion that data has overtaken voice as the dominant information flow over communications networks. What will emerge over the next few years is the realization that ultimately "human-free" data interchange will dominate the information flows of the 21st-century Internet. This is the market that XML has been designed to serve and is why it is rapidly becoming the cornerstone of the new net.

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