Leading standards organizations are endorsing OpenStand principles that hope to drive innovation and commerce, a recent article reports. It states, "Five leading global organizations — IEEE, Internet Architecture Board (IAB), Internet Engineering Task Force (IETF), Internet Society and World Wide Web Consortium (W3C)—today announced that they have signed a statement affirming the importance of a jointly developed set of principles establishing a modern paradigm for global, open standards. The shared 'OpenStand' principles—based on the effective and efficient standardization processes that have made the Internet and Web the premiere platforms for innovation and borderless commerce—are proven in their ability to foster competition and cooperation, support innovation and interoperability and drive market success."
It continues, "IEEE, IAB, IETF, Internet Society and W3C invite other standards organizations, governments, corporations and technology innovators globally to endorse the principles, which are available on the OpenStand Web site. The OpenStand principles strive to encapsulate that successful standardization model and make it extendable across the contemporary, global economy’s gamut of technology spaces and markets. The principles comprise a modern paradigm in which the economics of global markets—fueled by technological innovation—drive global deployment of standards, regardless of their formal status within traditional bodies of national representation."
Image: Courtesy OpenStand