Exercise 11-2

11.2. What are the benefits of adopting a schema standardized for a business sector?

Standardized schema is really good for business development, for example, a kind of schema named “Electronic Business using eXtensible Markup Language” (EBXML) that enables the global use of electronic business information in an interoperable, secure, and consistent manner by all trading partners. Xmlone (2005) states that Gain insight into xbXML from a top-level perspective and why it is an important standard for companies to consider. Designed with business objectives in mind, the vision of ebXML is to create a single global electronic marketplace where enterprises of any size and in any geographical location can conduct business with each other through the exchange of XML based messages. ebXML is created for electronic interoperability, allowing businesses to find each other, agree to become trading partners and to conduct business. All these operations can be performed automatically, minimising human intervention. Streamlining electronic business also offers lower costs to open and standard mechanisms.

Jim Green, Chief Technology Officer, webMethods (w3, 2001) said that exchanging business information was a critical requirement for automating business processes within and between companies. webMethods wad pleased to see XML Schema approved as a Recommendation, and to have been an active participation in the development of this standard. XML Schema made describing, exchanging, and validating business information easier and more flexible.


References:

W3 (2001). “Testimonials for XML Schema Recommendation” . Received 25th March, 2009 from URL - http://www.w3.org/2001/05/xml-schema-testimonial

Xmlone (2005). “Program Synopsis.” . Received 25th March, 2009 from URL- http://www.xmlone.org/xmlasia2005/programsynopsis.shtml