This paper examines the use of asset lifecycle management practices, tools, and standards in the development of Service-Oriented Architecture (SOA) solutions. Effective lifecycle management of services enables organizations to apply tools and methods for governing, administrating, applying, and reusing these assets to augment the advantages of SOA development. Service Oriented Architectures (SOAs) hold great potential for organizations seeking to become more responsive to rapidly changing market demands and business priorities. With an SOA, architects can combine and reuse services - individual business functions and processes typically realized as services - to assemble complex business solutions.
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