Definition
A standards body is an entity whose primary job is to develop, amend and maintain standards that direct the interests of people or industry. Standards bodies are classified by their role and their regional, local, national, or global influence. Generally, the standards group will not contain anyone associated with the organization for which they are creating the standards.
Business applications
It is essential to develop clear standards when creating new technologies—you need a baseline set of rules upon which the technology will be used and developed. Having an agreed set standards prior to developing a product can help improve the quality of your product, ensure that your product works with other products, and provide guidelines for research and development of future products. Also, when a standards body creates a set of standards and they are widely accepted by other companies, they can become de facto standards for that industry.
Concerns
Companies sometimes feel the need to review the bodies from which they receive standards policies. In the case of IBM, the company felt that some standards bodies function without much openness about their practices, and so IBM will review the many standards organizations they currently work with, and will most likely withdraw from some of the organizations.
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