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Web Service Companies

Fully aware that Web service solution development companies have the potential for revenue generation, the emerging entity of web services has been used by Excellone Web Solutions Development Company, India by accepting the importance of legacy systems.

The emerging entity, Web service companies is slowly percolating into the minds of the web business community. They are considered to be a major force in industry development. All its components and standards are ratified by the W3C and the Organization for the Advancement of Structured Information Standards (OASIS). Additionally, various businesses support the development of these common standards.

Web service providers can collaborate with major dealers like Microsoft, Oracle and Sun, and agree upon defined standards to implement solutions. The resultant solutions thus obtained are based on a 'standard' flavor, rather than on Microsoft's or Oracle's flavor. These standards are gradually being accepted worldwide. However, they will still take time to mature and become seamless. The newer releases of these standards are trying to ensure that such inconsistencies are overcome so that a uniform standard is adopted across the board.

Across the world, major system integrators are working together closely to ensure that Web Services become a practical reality. IBM introduced its Web Services Architecture in 2001; which includes a service provider, service requestor and a service broker. The service provider offers applications for Web services and lists their availability on an Internet registry. The service requestor searches the services and adds its needs in an Internet registry so that the providers can find it. The service broker identifies the available services and links them to service requestors.

Based on the XML and SOAP standards, Sun Microsystems launched its Open Net Environment (ONE) in February 2001. Sun ONE is a Java and XML-based scheme, centered on a Java application server and using EJBs or Servlets as the Web service components. Sun does not have its own registry, but supports communication with other services registries such as UDDI using Java APIs.

The Microsoft.NET strategy focused on Web services was first introduced in June 2000. Microsoft is also building the .NET strategy into its development tools, operating systems and applications. This strategy supports open standards such as XML, SOAP, WSDL, and UDDI and is multi-platform. Oracle's Dynamic Services is a feature of the Oracle 9i platform that comprises the Oracle 9i Database, 9i Application Server and 9i Developer Suite, consisting of an execution engine, protocol adapters and a services registry so that developers can convert information or content resources into Web services.

In May 1999, HP introduced e-Speak, which encompasses specifications, products and a Web services registry, referred to as the e-Services Village. It also released a Netaction suite of software applications, which enables the creation, registration, deployment and hosting of e-services. Key components of this Web service platform are the e-Speak Service Engine and the e-Speak Services Framework Specification. All the dealers mentioned above are striving towards meeting the challenges offered by Web services and emerging as leaders in this sphere. With web service companies proving their potential for revenue generation, the importance of legacy systems has been impressed upon everybody.

Why Web Services ?

Web Services experts believe that businesses should consider "long-used" applications, especially the importance of legacy systems, as assets. This is because their customers and personnel may still prefer to use them due to functionality, availability, positive experience with the application and cost constraints for replacing them. However at the same time, modifying these applications becomes vital with evolving market requirements.

Web services enable businesses to access new technologies by leveraging their applications. It follows the policy of enhancing applications by extending their utility instead of destroying them. This helps businesses focus on new opportunities without foregoing earlier ones. Web services enhance business value by reducing time and cost to launch applications.

Web service user companies have great potential for revenue generation. One of the major benefits of Web services is distributed computing. It provides a mechanism for integrating business functions and applications. Many companies use Web services as a platform for supporting integrated e-business partnerships. When an application, such as a content or account management program, is launched, it should be shared among all partners. If web service companies use Web services to introduce these applications, they can save approximately 25% of time and costs. This saving can further lead to an increase in revenue.

Companies can shift their offline processes onto the Internet by using Web services and integration of processes can be done using the WSA standards. Customers of web service companies also benefit due to the common and familiar browser interface. Thus, implementing Web services internally and across extranets increases productivity. Reduction and gradual diminishing of costs can be achieved by efficient Return on Investment (ROI). If Web services are used to simplify Business-To-Business (B2Btransactions) across the net, it could result in higher operational and transactional efficiency.

In turn, this will lead to a faster launch of applications within a company, thereby increasing the efficiency of the developers and help realize business benefits faster. Using Web Services, companies can increase their productivity and efficiency, leading to an increase in revenue. In a Business to Customer (B2C) environment, enhancing customer experiences will lead to higher sales. This can be done when online distributors create better B2C applications.

If Web Services use a simple interface, it will speed up the access to the site on the Internet for a distributor generating more sales and increasing revenue. Using Web Services, web service companies benefit in terms of greater efficiency and reduced costs. Over a period of time, there will be shortened production cycles, wider availability and lesser customer interaction, resulting in increased revenue. Companies can benefit from Web Services by earning revenue from these services by charging a fee on 'per use' basis of their solutions.

Web service companies can collect a flat fee to run a subscription program and to grant unlimited access to services. Thus it can be seen that the major benefactors of Web services, remain the Web service companies that design and put on the web interoperable web applications, which are non-platform dependent. Needless to say, these web applications through web service companies have great potential for revenue generation.