Dear Business and Technology Professionals,

In recent months the buzz about web services has risen to a near deafening level in the technology industry. And yet for all the talk there is still a great deal of confusion and heated debate about basic issues. While most now agree that web services will transform the enterprise software landscape, there are still many questions about when and where it will happen first.

Meanwhile, business professionals have been more concerned with challenges resulting from a softening economy. There has been less emphasis on how e-business can create new business models and revenue streams and more emphasis on cost savings. Still, the buzz about web services is beginning to penetrate mainstream business publications, and non-technical managers are starting to ask: how will web services affect my business?

With all of this in mind, we bring you the latest edition of Bowstreet Web Services Report. Bowstreet has been in the forefront of the web services movement for more than two years, having introduced the first software product to create and manage web applications based on web services. With dozens of customers using the product to bring more and more innovative web services-based applications to market every day, we have a wealth of information to share.

Gartner, Inc. has also played a leadership role in bringing web services into focus, with thoughtful analysis and commentary. So, it is with great pleasure that we bring you this compilation of recent writings from Gartner analysts and Bowstreet's own visionaries. We hope that this will help you to begin plotting your course in the new world of web services.

Sincerely,


Frank Moss
Chairman & Co-Founder
Bowstreet