What is the future of ontology?

The ontology of the future, then, means an examination of the nature and existence of the future. To inquire into the ontology of the future is not to ask “what is the future?” or “what will happen in the future?” but to, instead, consider the nature of the container that is the future.

What is ontology in semantic?

In the environment of the Semantic Web, then, an ontology is a par- tial conceptualization of a given knowledge domain, shared by a community of users, that has been defined in a formal, machine-processable language for the explicit purpose of shar- ing semantic information across automated systems.

What is an ontology and why we need it?

An ontology defines a common vocabulary for researchers who need to share information in a domain. It includes machine-interpretable definitions of basic concepts in the domain and relations among them. If one group of researchers develops such an ontology in detail, others can simply reuse it for their domains.

How is ontology used in business?

If your business uses any kind of database system, you already have a rudimentary ontology contained within the structure of your database tables. By formalizing your business rules and processes, formal ontology provides a way to clarify and to retain key knowledge within your company.

What does ontology mean in business?

A business process ontology defines the concepts that constitute a business process and the relationships among them. As such, the business process ontology defines structure.

How is the Semantic Web important?

The Semantic Web provides a common framework that allows data to be shared and reused across application, enterprise, and community boundaries. It is a collaborative effort led by W3C with participation from a large number of researchers and industrial partners.

What does a data ontologist do?

The ontology data model can be applied to a set of individual facts to create a knowledge graph – a collection of entities, where the types and the relationships between them are expressed by nodes and edges between these nodes, By describing the structure of the knowledge in a domain, the ontology sets the stage for …