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Web Services
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Web Services represents a new platform where the web is used not only for information exchange but also as a new resource to create value added business services. Web Services are self-contained, self-describing, modular business applications or a set of software standards that enable systems in different companies to interact with each other or securely expose their business logic beyond the firewall over the Internet.
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Business to Business
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B2b (business-to-business) is online transactions between two and more businesses. B2b has many forms - it streamlines procurement processes by adapting information technology solutions which takes care of work flow, supply chain, inventory level optimization and payment transactions. B2b transactions can be effected between one buyer and many suppliers or between many buyers and many suppliers as well as one seller and many buyers.
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