CABA Information Series
IS-2003-21: Standards and Technology Strategy
The author discusses the importance of standards and how standards are developed. He explains that he prefers private consortia to write standards instead of going through the formal ratification processes defined by entities like the ITU, IETF, ISO, and National Bodies because of the time to market. He also describes in detail some of the risks and challenges inherent in the development of standards as part of a consortium.