Line of business
{{Short description|Business term}}
{{One source|date=December 2019}}
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.
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."
{{cite web
| url = http://wso2.org/newsletter/5704
| title = Effective SOA Governance with the WSO2 Governance Registry
| year = 1988
| work = WSO2 Oxygen Tank
| publisher = WSO2
| accessdate = 2010-10-05
| quote = 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.
}}
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.