Web Services is an emerging technology driven by the will to securely
expose business logic beyond the firewall. Through Web services
companies can encapsulate existing business processes, publish them as
services, search for and subscribe to other services, and exchange
information throughout and beyond the enterprise. Web services will
enable application-to-application e-marketplace interaction, removing
the inefficiencies of human intervention.
Web services encompass a vision of a fully integrated computing network
that include PCs, servers, handheld devices, programs, applications and
network equipment, all working together. This network can perform
distributed computation with the best-matched device for the task and
deliver the information on a timely basis in the form needed by the
user. The network now exists, the Internet, providing universal
access to business and consumers.
Web services are self-contained business functions that operate over
the Internet. They are written to strict specifications to work together
and with other similar kinds of components. Some of the more
established functions at this stage are messaging, directories of
business capabilities, and descriptions of technical services. But other
functions are in the works as well.
Web services are important to business because they enable systems in
different companies to interact with each other, more easily than
before. With businesses needing closer cooperation between suppliers and
customers, engaging in more joint ventures and short-term marketing
alliances, pursuing opportunities in new lines of business, and facing
the prospect of more mergers and acquisitions, companies need the
capability to link up their systems quickly with other companies. Web
services give companies the capability do more business electronically,
with more potential business partners, in more and different ways than
before, and at reasonable cost.
Web services are somewhere around the crest of their hype cycle and
currently the darling of the prevalent media. This cresting is like that
of other technologies in that it precedes full development and
maturity. With media hype driving corporate management to web
services , like lemmings running for the cliff's edge, FBN feels
confident a new cash cow has been found. FBN likes technology so
new there is no known metric to gauge project success. With
technology like this the billing goes on for ever and ever....
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