Shared Services

Conceptually similar to Shared Services in SharePoint Portal Server 2003, the Shared Services component has been completely restructured and redesigned in the Office SharePoint Server 2007 using a new services provider model.

Shared Services include virtually all of the services that are used by multiple applications in Office SharePoint Server 2007:

Full-text and property indexing and search services

Business Data Catalog

Notification service for generating alerts

User profile store

Audiences

Usage reporting

Single sign-on services

www.microsoft.com/office/preview/servers/sharepointserver33

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Microsoft 2007 manual Shared Services