A service that provides a template for a program to enable a group of entities to form an alliance which maximises the benefits of early collaboration on a common technical standard for doing something, while steering clear of anti-trust legislation ( = restriction of fair trading).
What's not to like?
There is always a classic tension between members setting up something in which they will be competitors (if they aren't already).
I do have a problem with industry groups setting up a technical 'fortress' climbing inside and pulling up the drawbridge leaving newcomers with considerable barriers to entry. Flying an IEEE flag overhead seems to allow them to act in a way that denies the community benefits that should accrue from accreditation by a community-funded organization like the IEEE. Other members don't get any privileged access to these programs, students don't automatically get easy-entry packs to IEEE-assisted technologies.
There is always one member of these IEEE standards groups that plans to make money selling expertise and the 'magic keys' to the technology, and they plead their commercial interests would be threatened 'if just anyone could join' ( or if the standards were made too easy to understand?).
Anyone else found this to be a problem getting to grips with an IEEE-ratified technology?