XO Korea/business server/introduction

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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.