Month: August 2000 (Page 4 of 4)

Navision Software announced that it has released its XBRL solution, one day after the publication of the official XML-based taxonomy. XBRL (eXtensible Business Reporting Language) is a free specification that first appeared on the financial and accounting scene in October of 1999. It uses a financial reporting specification, agreed upon by key members of the financial information supply chain that allows an open exchange of financial reporting data across all software and technologies, including the Internet. The XBRL coding contained in Navision Financials 2.50 will enable customers to more easily and efficiently connect and communicate with both competing products in the ERP space and complementary products such as Caseware. For example, a set of subsidiary offices using Navision Financials can now more quickly collaborate with a parent office using a larger ERP system, while realizing significant time and cost savings. XBRL offers several key benefits: technology independence, full interoperability, efficient preparation of financial statements, and reliable extraction of financial information. Information is entered only once, allowing that same information to be rendered in any form, such as a printed financial statement, an HTML document for the company’s Web site, an EDGAR filing document with the SEC, a raw XML file or other specialized reporting formats, such as credit reports or loan documents. www.navision-us.com

Sun Microsystems, Inc. announced the beta availability of the 2D graphics SVG generator software, downloadable for no charge at www.sun.com/xml. This easy-to-use tool, developed by Sun’s XML Technology Center leverages the power and growing ubiquity of XML. XML’s universal, standards-based syntax will play an important role in graphics rendering as well as data portability and usability, and Sun is meeting developer demand for the needed tools in these areas. Scalable Vector Graphics (SVG) is in development at the World W3C and is a file format that describes two-dimensional vector graphics in XML. SVG has many advantages over graphics formats in use today, such as JPEG or GIF. Since SVG is a plain text format, its files are readable and generally smaller than comparable graphical images. SVG images are also “zoomable” or “scalable”, meaning users can zoom in on a particular area of a graphic, such as a map, and not experience any image degradation. Because SVG is scalable, SVG images can be printed with high quality at any resolution. Text within an SVG-based image, such as a city name on a map, is both selectable and searchable. Applications written in SVG can be made accessible through means for describing the visual information in textual detail. Lastly, SVG supports scripting and animation, which enables dynamic, interactive graphics. For more information on SVG, visit www.w3.org/Graphics/SVG. As well, Sun announced the availability of the SVG slide toolkit software, also available free of charge at www.sun.com/xml. This software is a collection of XML stylesheets and DTDs that help users to create XML documents that can be transformed into richly graphical, interactive SVG-based slide presentations. The software’s advantage is that it allows for the separation of a presentation’s content from its look and feel, enabling users to independently modify the content, the presentation style or both. http://sun.com