Why extensible Markup Language (XML)?
Business looks to XML as a means of gaining competitive advantage through leveraging new technology. Minimizing the cost of doing business electronically is a key element in achieving a competitive advantage. The cost of doing business electronically can be grouped into acquisition, development, deployment and customisation, integration with business applications, and operations and support. It is expected that using XML for electronic business will be less costly than traditional forms of EDI and other existing electronic commerce technologies in each of these areas. This expected cost reduction is a driving force for considering XML over traditional EDI technologies. Sponsors The project was overseen by UN/CEFACT and OASIS with participation coming from all communities, Vendors, Sectors and Organisations. Endorsements ebXML has garnered widespread support from industry sectors, vendors and government bodies. A list of these endorsements can be found at our Supporting ebXML pages.
Related Questions
- The Nodal extensible markup language (xml) specification shows dec’ offers monotonically increasing, so a minus sign is not needed to show decrement (DEC). Is that correct?
- How often will there be changes to the eXtensible Markup Language (XML) format, and will we be notified in advance of such changes?
- What Extensible Markup Language (XML) standard will be followed?
