OASIS, or the Organization for the Advancement of Structured Information Standards, is a nonprofit consortium that develops and promotes open standards for the global information society. Founded in 1993, it focuses on various areas, including web services, security, and document formats, to enhance interoperability and data exchange across different systems. The organization brings together industry leaders, governments, and academia to collaborate on creating standards that improve technology and business processes. Notable standards developed by OASIS include XML, SOAP, and WS-Security, which are widely used in software development and data management.