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IT Standardization: The Billion Dollar Strategy

IT Standardization: The Billion Dollar Strategy

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Author(s): John Hurd (Southern New Hampshire University, USA)and Jim Isaak (Southern New Hampshire University, USA)
Copyright: 2008
Pages: 7
Source title: Standardization Research in Information Technology: New Perspectives
Source Author(s)/Editor(s): Kai Jakobs (Aachen University, Germany)
DOI: 10.4018/978-1-59904-561-0.ch002

Keywords: Computer Science & IT / Information Science Reference / IT Policy & Standardization / IT Policy and Standardization

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Abstract

This article summarizes key incentives for vendors, users, government and individuals to participate in the standardization process. It argues that standards can expand markets at all points in the market life cycle, with overall impact measured in billions of dollars. The authors hope to encourage standards involvement, and also future research and analysis that might quantify the financial value of standardization for vendors and users.

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