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WHY XML? 
And perhaps the biggest plus to using XML is that it's not rocket science. The basic concept goes something like this: take raw information in plain text format and sprinkle tags into it that describe what the component pieces of the information mean -- somewhat like HTML tags, only with meaningful names like < ItemNumber >, < Invoice >, and so on.
Because the exchange of commercial data frequently happens among members of a specific industry, such as office furniture, XML standards are being developed on an industry-by-industry basis. OASIS (Organization for the Advancement of Structured Information Standards) estimates that so far, about 4,000 initiatives have been launched to create XML standards. And even though the standards to be adopted are variations suited to particular industries, the intent is the same: create a common protocol so that business partners can easily share information and conduct transactions online, driving down costs and reducing errors and lag-time.

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