Information Technologies in their most broadened senses powered by the Next Generation Internet have been profoundly changing the ways, the processes and the philosophies of businesses. Business systems in every perspective, management, workflow, information, infrastructure, automation, etc. are evolving themselves towards being autonomic, adaptive, self-managing, self-organizing, and so forth. As a timely response to these developing trends both in academics, businesses and industries, the 2007 International Conference on Adaptive Business Systems (ICABS’2007) aims to provide a focal forum for active researchers, practitioners, business and industrial professionals and academics from diversified domains and with diversified backgrounds to get together, to share latest research achievements and practical experiences, to exchange in-depth findings and innovative ideas, and in particular to harness the greatest challenges and think seriously into the future.