Line of business

Short description: Business term

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Line of business (LOB) is a general term which refers to a product or a set of related products that serve a particular customer transaction or business need. In some industry sectors, like insurance, "line of business" also has a regulatory and accounting definition to meet a statutory set of insurance policies. It may or may not be a strategically relevant business unit.

"Line of business" often refers to an internal corporate business unit, whereas the term "industry" refers to an external view that includes all competitors competing in a similar market. A line of business will often examine its position within an industry using a Porter five forces analysis (or other industry-analysis method) and other relevant industry information.

## Contents

* 1 Computer applications
* 2 Mobile LOB
* 3 See also
* 4 References

## Computer applications

In the context of computing, a "line-of-business application" is one of the set of critical computer applications perceived as vital to running an enterprise. For example:

> "Governance has become the hot topic in SOA over the past year. As companies' SOA usage becomes real, widespread and line-of-business, the requirement to ensure that the systems are properly governed has emerged as the number one concern for SOA adopters."[1]

## Mobile LOB

Mobile LOB refers to LOB applications running on mobile computers or PDAs \- usually rugged for use in the field to process transaction at the site of the customer with minimum usage of paper.

Mobile route accounting exemplifies a typical mobile application.

## See also

* Industry classification
* North American Industry Classification System (NAICS)
* North American Product Classification System (NAPCS)
* Standard Industrial Classification (SIC)

## References

1. ↑ "Effective SOA Governance with the WSO2 Governance Registry". WSO2 Oxygen Tank. WSO2. 1988. http://wso2.org/newsletter/5704. Retrieved 2010-10-05. "Governance has become the hot topic in SOA over the past year. As companies['] SOA usage becomes real, widespread and line-of-business, the requirement to ensure that the systems are properly governed has emerged as the number one concern for SOA adopters."

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