Here's the breakthrough: XBRL (extensible business reporting language), a new global open standard
for formatting financial information, makes reporting and analysis faster, cheaper and significantly easier to automate.
Ideas are invited on possible open standards
based approaches to the challenges, from which one or more proposals will be developed.
Open technologies include open-source software, open standards
and open hardware.
In the desktop space, common computing architectures and open standards
had greatly reduced costs and prompted tremendous innovation in applications as developers seized the opportunity to work within openly accessible and widely deployed systems.