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consortium

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consortium

Alliance between companies for the purpose of undertaking a specific task. Major construction projects are often tendered for by companies acting in a consortium. A consortium may be formed because each company offers expertise in a different field, or to allow companies to pool finances for that particular project, or as a means of risk sharing.



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Ian Foster and Steve Tuecke, consortium board members who led the original team that developed the Globus Toolkit at Argonne National Labs.
BEST-KEPT SECRETS While some administrators may be familiar with specific resources that come from the R-TEC leadership goldmines, the reality is that most educators cannot identify their regional consortium and are unaware that there is a national network of R-TECs, www.
Consortium delivery may provide lower cost and higher quality access to scholarly information than journal subscriptions and commercial document delivery services, although the cooperative nature of a consortium may lead to bureaucratic problems of finance and implementation.
 
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