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open standards

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open standards

Specifications for hardware or software that are developed by a standards organization or a consortium involved in supporting a standard. Available to the public for developing compliant products, open standards imply "open systems;" that an existing component in a system can be replaced with that of another vendor. Although many vendors may have contributed to an open standard, and one may have contributed more than others and even have great influence, an open standard is not completely controlled by a single vendor. Contrast with proprietary standards. See open system, open source and de facto standard.



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Open technologies include open-source software, open standards and open hardware.
The expanded relationship with Lawson will enable new and existing customers to achieve increased levels of operational efficiency and insight into their business process through an open standards based infrastructure.
Noting that he and his fellow modeling firms long have been forcing users to adapt to each of their own proprietary data formats, Clinton said a move toward open standards would allow insurers to assess and manage catastrophe loss exposure more effectively.
 
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