Banks, brokerage houses, and insurance and real estate companies spent $500 million on XML-related technologies last year and will invest an estimated $8.4 billion a year by 2005, more than any other industry, according to a recent XML market research report, “XML in Financial Services,” by Ron Schmelzer, an analyst at ZapThink LLC, a market research company in Waltham, Mass.
Read more at: eWeek
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