More than 23 different organizations worked together to create the standard, including Oracle, IBM, Adobe, Chevron, Intel and W3C.
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From embedded sensors to high-frequency stock trading to everyday mobile Web applications, the race is on for technologists to build the most efficient systems for quickly streaming large sets of data from one device to another. Sometimes the language that data is communicated in can come with high costs in terms of efficiency. Today the Web's most venerable standards body, the Word Wide Web Consortium (W3C), announced official support for a new standardized data format for super-efficient transmission of data.
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http://www.readwriteweb.com/archives...ght_applic.php
http://www.w3.org/TR/2011/REC-exi-20110310/ (from w3)
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