"IBM announced, in collaboration with the European Union, industry and academia, the launch of a research consortium which aims to help businesses more easily take advantage of Internet-based services - or "e-services" - to create collaborative business operations and achieve shared business goals."
"The unique effort focuses on the development of a new computer science model that will enable organizations to greatly accelerate the typically time-intensive process around the coordination of e-services and increase the automation and efficiency around deploying new e-service blends. The research will enable even small to mid-sized businesses to create or join into flexible e-service blends, without investing in expensive IT expertise. The initiative will create open-source software to enable many organizations around the world take advantage of the technology." Read more.