Web Services – Current Trends And Future Opportunities.

Masters
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Technology
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I have a dream for the Web [in which computers] become capable of analyzing all the data on the Web - the content, links, and transactions between people and computers. A 'Semantic Web', which should make this possible, has yet to emerge…

Introduction

The 'intelligent agents' people have touted for ages will finally materialize.

We're well into the current era of the Web, commonly referred to as Web 2.0. Features of this phase of the Web include search, social networks, online media (music, video, etc), content aggregation and syndication (RSS), and mashups (APIs). Currently the Web is still mostly accessed via a PC, but we're starting to see more Web excitement from mobile devices (e.g. iPhone) and television sets (e.g. XBox Live 360). Richard MacManus(2007)

Web services extend the World Wide Web infrastructure to provide the means for software to connect to other software applications. Applications access Web services via ubiquitous Web protocols and data formats such as HTTP, XML, and SOAP, with no need to worry about how each Web service is implemented. Web services combine the best aspects of component-based development and the Web, and are a cornerstone of the Microsoft .NET programming model. MSDN Library(2008)
Web Services in the business world, in the most simplistic fashion, provide a mechanism of communication between two remote systems, connected through the network of the Web Services. For example, in case of a merger or an acquisition, companies don't have to invest large sums of money developing software to bring the systems of the different companies together. ...
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