Economics 101 tells us that this is exactly the type of industry in which the banks could gain economies of scale and create tremendous value by consolidation around open industry standards and a common technology platform.
Another approach aligns the industry around open standards defined by non-partisan governing bodies.
Kobo's vision is to deliver any book on any device and is a strong voice in the eBook industry supporting open standards for eBooks and eReaders.
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Organizations such as the Open Networking Foundation and the Open Networking Research Center are focused on developing industry standards.
The IEEE Standards Association, a globally recognized standards-setting body within IEEE, develops consensus standards through an open process that engages industry and brings together a broad stakeholder community.
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Unlike proprietary solutions that only work within a closed environment, Twonky technology is an open solution that works across brands, operating systems and industry standards to bridge the gap between mobile devices and the living room.
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The fact is it's one of many players in the industry, and the technology has all been built to open standards so that cable vendors can get more choice and better prices.
He believed that aligning standards around an open-source operating system would drive innovation across the mobile industry.
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The Power Matters Alliance (PMA), associated with a program of the IEEE Standards Association called Industry Connections, is dedicated to creating an ecosystem and open standard for smart wireless power.
He believes the auto industry is moving away from historical, purpose built, closed systems to connected, open standards based platforms.
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