ArborText
XML Authoring in the Financial Services Industry
According to the analyst firm ZapThink:
- The financial services sector spent more than $195 billion on information technology in 2001, with $985 million invested in XML technologies in 2002.
- Expenditures on XML technologies in the financial services sector will grow to more than $8.3 billion by 2005.
- XML-based content management and single-source publishing can reduce the total cost of publishing by up to 75%.
ZapNote: Microsoft
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ZapNote: X.Systems
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ZapNote: ArborText
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XML in Financial Services
The Financial Services Sector covers a wide range of businesses and industries revolving around the management and exchange of financial instruments. There are a number of factors that contribute to financial service’s role as a leading implementer of XML technologies. The potential opportunities and pitfalls, and current ways in which XML is being used by this industry sector are explored in detail in this report.
XML in the Content Lifecycle
The process of creating content — information meant for human consumption — is almost always extremely effort-intensive. People must spend time organizing information prior to creation, constructing the content, and laying out the information so that it is easily read. With so much time, cost, and effort invested in content, it makes sense to reduce costs by reusing content as much as possible. Furthermore, content-oriented processes involve a complex set of interactions that progress in a “Content Lifecycle” consisting of five major stages: content creation, management, publishing, syndication, and protection. Each of these phases requires different technologies, processes, and resources.
By rearchitecting content representation technologies to treat content as another asset in the corporate IT infrastructure, businesses can realize the benefits long promised to us by reusable and agile content. But first, we need to move from ad-hoc content creation to content componentization, and then to content services. XML and Web Services are the key to this transition that can help organizations maximize the value of their content.
XML in the Content Lifecycle
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Arbortext to Aid Life Sciences Industry
“The moves [Arbortext is] making in the pharmaceutical industry are fairly significant,” said Ron Schmelzer, an analyst with ZapThink LLC, in Cambridge, Mass. “They are applying this technology to solve some serious, heavy problems in pharmaceuticals. … The whole drug discovery to product development to product release is a complicated, heavily regulated process that requires a ton of documentation.”
Read more at: eWeekArbortext Focuses on Life Sciences
“Arbortext has long been a pioneer in XML authoring and publishing software,” said Ron Schmelzer, Senior Analyst at ZapThink. “Arbortext has shown that is able to offer high-quality, focused software to support every aspect of the drug development lifecycle – from discovery, clinical trials and regulatory approvals to manufacturing, marketing and medical affairs.”
Read more at: ArborText Press ReleaseArbortext Targeting Life Sciences Industry
“Arbortext has long been a pioneer in XML authoring and publishing software,” said Ron Schmelzer, an analyst at ZapThink LLC, in Cambridge, Mass. “Arbortext has shown that it is able to offer focused software to support every aspect of the drug development lifecycle–from discovery, clinical trials and regulatory approvals to manufacturing, marketing and medical affairs.”
Read more at: eWeekShopping Cart
