Web services technology is beginning to emerge as a do facto standard for integrating disparate applications and systems using open, XML-based standards. In addition to building web services for the system integration there also exist various researches and developments for the purpose of its adoption into enterprise environment. The purpose of this paper is to provide a review of these emerging standards to help the reader better understand how web services can be accomplished today and how web services will be evolved In this paper we introduce the standard activities of the Web services technology and the vision of Semantic Web Services, the final end of these technologies.