ebXML: The New Global Standard for Doing Business (part 1)

Doing business electronically became quite the vogue in the late 1990s, as the idea captured the attention and imaginations of everyone from business and political leaders to individual consumers. To most people, the term electronic business (or just e-business) meant having to develop a presence on the Web, sometimes with a sound business strategy and execution, but many times just to keep up with consumer expectations and competitors. In 1999, Time Magazine named Jeff Bezos, founder of Amazon.com, as its Man of the Year, joining such notables as Charles Lindberg and Martin Luther King, Jr. The technology dazzled and the possibilities seemed endless.

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