“Nasdaq Puts XBRL to the Test “

“Now that the government wants to gain more understanding of corporate financials and try to do intelligence around different trends and seeing if any company is doing something out of the ordinary, XML is pretty much the only way to do it.” said Ron Schmelzer, senior analyst with ZapThink. “Without XML you would have to search through text formats, which would be a very labor-intensive process.”

Read more at: InternetNews.com

XML Security Technology Landscape

Security is the immediate roadblock facing widespread implementation of Web Services technologies across the enterprise. As a result, many software vendors are throwing their hat into the XML and Web Services security ring, offering a broad and confusing number of solutions to a variety of real and perceived problems. However, much of this effort amounts to jostling for defensible market positioning ahead of a solid demand for enterprise-class XML and Web Security products and services. As a result, ZapThink believes that the emerging market for XML and Web Services security solutions will be characterized by a period of turbulence, as companies struggle to clarify their messages and shake the kinks out of their product offerings.

XML and Web Services Security

Security is the immediate roadblock facing widespread implementation of Web Services technologies across the enterprise. As a result, many software vendors are throwing their hat into the XML and Web Services security ring, offering a broad and confusing number of solutions to a variety of real and perceived problems. However, much of this effort amounts to jostling for defensible market positioning ahead of a solid demand for enterprise-class XML and Web Security products and services. As a result, ZapThink believes that the emerging market for XML and Web Services security solutions will be characterized by a period of turbulence, as companies struggle to clarify their messages and shake the kinks out of their product offerings.

XML & Web Services Security

Security is the immediate roadblock facing widespread implementation of Web Services technologies across the enterprise. As a result, many software vendors are throwing their hat into the XML and Web Services security ring, offering a broad and confusing number of solutions to a variety of real and perceived problems. However, much of this effort amounts to jostling for defensible market positioning ahead of a solid demand for enterprise-class XML and Web Security products and services. As a result, ZapThink believes that the emerging market for XML and Web Services security solutions will be characterized by a period of turbulence, as companies struggle to clarify their messages and shake the kinks out of their product offerings.

ZapNote: UDICo

While real-time message-based architectures are great for distributing on-line transactions, however its capability for handling high volume loads comes into question. One of the vendors solving this problem is the Universal Data Interface Company (UDICo). Their product, TierBroker, can process large volumes of data using a mechanism that creates middleware that connects directly to data sources and exposes them as Web Services to end clients in a small footprint that can be embedded in Excel and Word applications. The product can talk to XML as well as non-XML systems, message-oriented middleware systems including MQSeries and TIBCO, or other systems using SOAP over HTTP.

ZapNote: The Extensible Business Reporting Language (XBRL)

Sharing financial and business information within and external to a business is often a challenge. Preparing financial statements for filing, printing, or web display often means that this same information would need to be re-entered multiple times. Furthermore, once this information is published, searching and extracting components of the financial information can be a challenge. The Extensible Business Reporting Language (XBRL) is an open, freely licensed specification that uses XML to describe financial statements for both public and private companies. The format provides a standard format in which users can prepare business and financial reports that can be subsequently presented in a variety of ways.

ZapNote: FRx Software

Leveraging the Extensible Business Reporting Language (XBRL), and XML format for business financial reporting, FRx Forecaster (formerly ebudgets.com) has launched a product that uses XML to aggregate budgetary and financial information across many enterprise and legacy systems.