“…• Entire set of collaborating firms through value network (Dyer, 1996;Childe, 1998;Doz and Hamel, 1998;Davis and Spekman, 2003;Lyman et al, 2009) • Strategically outsource external resource and core functions (Jagdev and Browne, 1998;Sutton, 2006;Thun, 2010) • Require advanced IT/IS (Jaiswal and Kaushik, 2005) • Medium-to-long term collaboration (Binder and Clegg, 2006) • Weak power and authority due to flat and geographically distributed structure (O'Neil and Sackett, 1994) • Reductions in costs and lead-times from interoperability (Clegg, 2003;Triantafillakis et al, 2004) • Relatively stable; medium level of risk (Binder and Clegg, 2007) Extended Enterprise (EE) ERP III systems Enable dynamic, agile and event-driven operation (Hauser et al, 2010) Support reconfigurable virtual integration (Ponis and Spanos, 2009) Manage and integrate strategic alliances (Muscatello et al, 2003) Create synergy between innovation and customer-focus (Wood, 2010) Information security governance (Khoo et al, 2010) Web-service, SOA (Hofmann, 2008;Ponis and Spanos, 2009) Cloud computing with unhampered data transfer (De Maria et al, 2011) SaaS, PaaS, Utility, SLA mgt.…”