CAP Ventures Inc., announced the industry’s first market study on early adopters of XML. The formal announcement and study scope was unveiled at Documation ’99 West in Santa Clara, CA. The study is a project of CAP Ventures’ Dynamic Content Software Strategies Consulting Service (DSS). The research phase of the project is currently in progress. The study will provide vital market information to software vendors and service providers. In addition, it will prove useful for end-user companies who are evaluating the viability of XML projects. The research will uncover user motivations for employing XML, identify the corporate applications it will be used for most frequently by early adopters, and estimate spending on XML projects through 1999. It will also gauge the industry standards and vocabularies related to XML in which users are most interested. Data for the study will be collected through 250 telephone interviews with companies that have XML-based IT projects either planned or underway.