A couple of weeks ago I participated in a breakfast roundtable in Palo Alto on Social Media and Web 2.0 hosted by Tony Perkins, founder and former editor-in-chief of Red Herring, who now leads AlwaysOn, an interactive online network.
We were in the middle of a very stimulating discussion on social networking and how ideas and technologies coming from the consumer Internet space were beginning to have a big impact in the business world. We got around to talking about business processes and I mentioned that the culture of standards that surrounds the Internet and has enabled the increased integration of the IT infrastructure keeps going up the stack. I observed that with the emergence of Service-Oriented Architectures, Web Services and similar capabilities we can now tackle the standardization and integration of business processes and truly contemplate building globally integrated businesses, industries and economies.