View source for Line of Business (LOB)

A line of [[business]] is a corporate subdivision focused on a single [[Product|product]] or family of products.<ref>Defining Line of Business (LOB) [https://www.gartner.com/en/information-technology/glossary/lob-line-of-business Gartner]</ref>

'''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. 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 [[Organization|enterprise]]. For example:
"[[Governance]] has become the hot topic in [[Service Oriented Architecture (SOA)|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." 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|custome]]r with minimum usage of paper. Mobile route accounting exemplifies a typical [[Mobile Application|mobile application]].[<ref>What is Line of Business (LOB)? [https://en.wikipedia.org/wiki/Line_of_business Wikipedia]</ref>