thrust as a way for it to maintain hardware and services revenue by position- ing itself as the software and platform vendor of choice, much as Sun Microsystems was perceived as the Internet platform of choice. While there might be some truth in these ulterior motives by some platform vendors, Web services are farther reaching than thatand the benefits are far too compelling to ignore. The fact that all major software vendors have embraced the standards of Web services, and are racing to develop tools and solutions to facilitate the adoption of Web services, shows how the move toward Web services is beyond the span of control of any single software vendor. BUSINESS VALUE FROM WEB SERVICES Web services will drive new levels of collaboration between companies in existing value chains as well as enable new relationships with trading partners in emerging value chains. This situation will occur because of the friction- reducing promise of Web services, making it easier to perform B2B integration at the business process level. The last several years have witnessed the rise of middleware solutions to solve the problems of tying business systems together, to perform transactions and information exchange across organizational boundaries. Enterprise Application Integration (EAI) tools emerged, messag- ing-oriented middleware took hold, and a host of similar solutions addressed the need to make application portfolios work together within the organization and across organizational boundaries. Middleware solutions, and now Web services, present the opportunity to solve a number of broad business and technology issues, including the following: n Reintroduce the business flexibility that Enterprise Resources Planning (ERP) and other large, enterprise applications removed through rigid business process definition and proprietary application interfaces. n End the debate about IT alignment by allowing the idea of Just-In- Time (JIT), or the implementation of new applications as the business needs them without the implementation and integration lag that accompanies large, enterprise software implementations. n Extend CRM, ERP, and other large, monolithic software applications to add new business functions or capabilities in response to changing business needs. n Provide connections to other trading partners for collaborative pro- cesses such as forecasting and supply chain planning, transaction management, and others. n Help organizations manage change given their existing reliance on large, legacy systems and change-resistant business processes. A Day in the Life of a CIO 13 74188_WY_Marks_01 2/5/2003 4:08 PM Page 13