A maturing generation of computing technologies is creating a service
framework that enables enterprises to adapt to the business climate in real
time, to improve their functions, reduce cost of development, and generate
new value; this propels the entire commerce value system into a higher gear
of economic reasoning.
These technologies center on Web services, which are standardized software
components that can be programmatically invoked over the Internet. More
significant in the long run, behind the production of Web servicesbased
applications, are the open standards, architectures, confluent technologies,
platforms, development methodology, and services providers.
This article first describes the concepts in the Web Services Paradigm (WSP).
It then expands on how WSP drives commerce value systems by enhancing the
structure of inter/intrabusiness processes and ap... (more)