👍 Industry Standards

Industry standards are a set of criteria within an industry relating to the standard functioning and carrying out of operations in their industry.

It is the generally accepted requirements followed by members of an industry.

Purpose

- Increases reliability and efficiency
- Makes products from different manufacturers compatible with each others so customers can safely mix and match products from different brands
- Drives industry innovation and cost reduction
- Facilitates competition in the industry

Example

- WiFi
- USB
- HDMI
- HTML
- ASCII
- PCI Express