ISO Conference Aims to Advance Public-Private Partnership for e-Business Standards
October 11, 2008 // Published as a news service by IHS
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Fostering an understanding of how international standards enable e-business was the goal of a recent international conference organized by the International Organization for Standardization (ISO) and a group of partner organizations.
The conference, which examined the public-private partnerships through which stakeholders collaborate in relation to e-business standards, focused on:
- Implementation of existing standards and related benefits.
- Priority issues to be addressed by different stakeholders and related needs for e-business standards.
- Further steps that might be taken to enhance recent achievements and work in progress as well as to address emerging new requirements.
In the context of e-business (i.e., the use of information technology to support business processes), standards are tools to capture, process and exchange data, ensure interoperability, support security of data handling and financial transactions, promote good practices and facilitate customer-supplier relations.
Considering the global reach of the Internet, the development and use of international standards involve both the public and private sectors.
According to the conference, the public-private partnerships that advance the standards, technical specifications and recommendations associated with e-business are motivated by goals both within and across borders.
These goals include:
- National competitiveness.
- Effectiveness in regulatory controls.
- Reducing trade barriers.
- Fostering market entry by small and medium-sized enterprises (SMEs).
- Facilitating growth in developing and transition economies.
Keynote presentations addressed e-business trends, with focus on supply chain integration and logistics. They underlined that private- and public-sector investment in these areas is substantial and will continue to increase in the coming years.
They also provided an overview of the challenges (i.e., interoperability, rationalization of business processes, involvement of SMEs) and emphasized the role that standards have in addressing them.
Business cases from various sectors both in private and public areas such as e-trade, defense and the retail trade provided examples of the use of standards to support global supply chains.
They demonstrated how the effective use of standards leads to changes in the way business is done, generating return on investment.
In addition to ISO, the meeting was sponsored by the:
It also was supported by the e-business Memorandum of Understanding (MOU) Management Group on Electronic Business.
Source: International Organization for Standardization (ISO).