| | |
| Summary |
| Please note: The McKinsey Quarterly has agreed to a special arrangement for CEOExpress members that allows member access to their articles. Articles must be clicked on directly through the links below to gain access to this group of articles.
|
The Truth About XML
The Extensible Markup Language (XML) is sometimes pitched as a better and less expensive way to trade e-commerce information than the stalwart electronic data interchange (EDI). But contrary to popular perceptions, XML can actually cost more than the systems many companies already have in place, and it isn’t clear that most of them need the extra capabilities that XML offers.
The take-away: Until XML reaches scale, it won’t be a good choice to replace proven EDI systems. Managers should make the most of their existing EDI systems while keeping an eye on XML’s progress.
Articles provided by The McKinsey Quarterly
© 1992-2003 McKinsey & Company, Inc
|
|
|
