The concept of time in Enterprise Solutions

Time is an interesting concept in typical enterprise solutions. Most transactional systems think of time as transaction date for an event. In context of business entities, time is modeled as the date of birth and date of dying/ retirement of a particular entity. People did not have a good way to interact with time. However, the web based stock charting systems are giving users a better way to see time. Users can see stock price variations for a day or a month. These variations can exist as the business entities morph from one legal entity to another or as the scale itself changes due to stock splits and mergers.