XO Korea/business server/introduction

XO Korea expects about 100,000 business servers will be distributed in Korea in 5 years from now (June, 2007). The main purpose of those servers is to provide various IT resources necessary to establish a new business framework; One server represents one independent business. So, there will be more than 100,000 new corporations in 5 years.

Those corporations (so called, XO Corporations) have some peculiar features different from current ordinary companies;

• They are open source based: standard business workflows are being written by open source communities, and they will be managed openly, transparently, and on XO.
• Half the ownership (shares) of each company is owned by XO Foundations. The revenue or income of those XO Foundations shall be expensed openly and transparently to ;
  1. Promote open source development
  2. Establish and maintain public facilities of XO Communities of XO Cities
• They are all IT companies regardless of industrial classification it belongs in UNSPSC; all XO like corporations
• Energy efficient and Eco-friendly ones: they always participate in Climate Savers' activities.
• They form One Corporation: XO Business Group

Under Open Enterprise Architecture, XO Korea is now establishing a framework in which the standard workflow of each business can be set.