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Today, ICT research community is facing the numerous challenges related to a need to strive towards a hyperconnected world with hundreds of billions of devices fuelled by ambient and pervasive services (H2020 ICT Challenge 3 – Future Internet). The topic was selected by the conference chairs as a reflection of the first published ICT work programmes of the recently launched European framework for funding research and innovation, Horizon 2020 (H2020). While the numerous and diverse topics were considered relevant for the conference, the prospective authors were invited to discuss about the specific challenges of enterprise and systems interoperability. The International Programme Committee (IPS) gathered 48 ICT experts from industry and academy from 18 countries, giving the truly international dimension to a review process. The conference provided a venue for ICT researchers and practitioners from all over the world to present their research results and development activities, to exchange experiences and new ideas, and to establish the relationships for a future collaboration. The 4th International Conference on Information Society and Technology (ICIST 2014) was organized in Kopaonik winter resort, Serbia, 9. NET, are presented, together with the latest advancements in e-business facilitator standards, such as web services interoperability standards. Finally, the underlying technologies of the abovementioned products and strategy, such as XML, Web services, SOAP. With “Jupiter” Microsoft aims at reducing IT complexity and connect people, processes and information through an integrated, standards-based e-business infrastructure. Secondly, “Jupiter”, the codename for Microsoft’s e-business roadmap and vision is presented and discussed. Firstly, an architectural and functions’ overview of Microsoft e-business servers, namely “Biztalk Server”, “Content Management Server” and “Commerce Server” is provided. This paper discusses the e-business strategy, products and technologies of a major software vendor, which is expected to have a key role in this area during the next years, Microsoft Corporation. As a result, all major software vendors are working on strategy, products and technologies in order to obtain the pole position in business-to-business and business-to-consumer commerce. Interestingly, Greece seems to have an even greater potential with a forecast of increasing e-business transactions from 2.861mUSD in 2004 to 13000mUSD in 2008. Recent surveys for e-business future in western European countries, show that there is a huge growth potential as the total amount spent on ebusiness (B2B and B2C) is forecasted to rise from 150BUSD in 2004 to 650BUSD in 2008 and web buyers will rise from 67M in 2004 to 94M in 2008.