Every now and then, it’s worth pausing to take stock of just how far the technology of the Web has come in the past few years – and, with imaginative application, what the impacts might be on business and everyday life.
Take this example, about the use of XML in financial reporting. Back in 2000, when I first wrote about this, it sounded nice in theory but remote in practice: if financial reports posted to the SEC were created using a proposed mark-up language known as XBRL, then the information in those reports would become machine-readable. Want to compare the research and development spending of all companies in the oil industry? No longer any need to dig through the reports, just hit a button. Read more