Report

September 2000

The XML eBusiness Contract


Frank Gillett
XML alone is not sufficient for Internet transactions. Executives must prepare for eBusiness contracts, which define the forms, terms, and processes for automating business over the Internet.
by Frank Gillett with Carl Howe, Saira Khawaja, Galen Schreck

INTERVIEWS
  • Executives see XML as the standard for eBusiness.
  • Interviewees plan to deploy XML standards within a year, despite uncertainty about which standards they will use.
ANALYSIS
  • Firms need more than generic XML to do Internet business.
  • eBusiness contracts will evolve in three phases to support the negotiation of forms, terms, and processes.
ACTION
  • Enlist corporate know-it-alls in eBusiness process redesign.
  • Pilot simple contracts like HR-XML with a partner.
WHAT IT MEANS
  • White-collar workers unionize to stall automated eBusiness.
  • Standardized ERP installations reap integration rewards.
 
Figures & Data
  • Figure 1.  The B2B Standards That Matter To Global 2,500 Firms
  • Figure 2.  Global 2,500 Firms' Expectations For Standards Development
  • Figure 3.  Executives Underestimate XML Implementation Challenges
  • Figure 4.  Foundation Technologies For Building XML Standards Aren't Ready
  • Figure 5.  Firms Need eBusiness Contracts To Implement XML
  • Figure 6.  eBusiness Contracts Become Automated In Three Phases
   
RELATED MATERIAL 
  • Companies Interviewed For This Report
  • Related Research
 
GRAPEVINE
  • Even the consultants find XML standards confusing.
  • You can tell the newbies when they get it backward.
  • I like to watch . . .
  • Do you know this man?
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