Virtual Enterprise - Past and Future

2007 
In the last period, the corporations have developed their activity over the national borders and even the continent, activity being now easier because of ITC support. The political changes in today world have opened new markets for the existing corporation. Also, differences between countries regarding production costs impose as reliable economical solution, to open local production facilities, by building, merging with, or acquisition of local already present factories. Today software systems have become essential parts of our everyday life. Computers are used in all fields of human activity. A virtual enterprise is an organizational concept which brings independent partners together to fulfill a unique market opportunity and dissolves upon completion of the project. The partners or entities shall contribute with their core competence and thereby generate a best-of-breed construct in respect of required expertise. The global market increases the need for common and collaborative processes and sharing information seamlessly between companies involved in a Virtual Enterprise (VE). The new requirements are much more focused on collaborative processes that handle product definition data. Partners in the extended enterprise need to exchange legacy data and migrate with other systems outside their own secure corporate boundary. More and more organizations become networked organization, being composed by multinational firms, as effect of globalization expressed in European work space. In networked environment, new approaches inspire the today society. The new generation of organization will be very dynamic, with a great adaptability for up-to-day changes, keeping a core business, the rest being externalized as out-sourcing practice. The global market increases the need for common and collaborative processes and sharing information seamlessly between companies involved in a Virtual Enterprise. The new requirements are much more focused on collaborative processes that handle product definition data. Partners in the extended enterprise need to exchange legacy data and migrate with other systems outside their own secure corporate boundary.
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