Windows Time Service - W32TIME.DLL
W32time.exe is a service provided by Microsoft as part of your Windows operating system. It maintains date and time synchronization on all clients and servers in the network. If this service is stopped, date and time synchronization will be unavailable. If this service is disabled, any services that explicitly depend on it will fail to start.

By default, this service is set to run as 'automatic'. We'd recommend leaving it this way. It will help keep your system clock set properly and will adjust the time when we shift between standard and daylight time.

A description of services that run under svchost in Windows XP can be found at http://support.microsoft.com/default.aspx?scid=kb;en-us;314056.

A description of default services running under Winodws can be found at http://support.microsoft.com/default.aspx?scid=kb;en-us;Q250320.

Service

Microsoft