The accelerating pace of change in the economic, legal and social environment combined with tendencies towards increased decentralization of organizational structures have had a profound impact on the way we organize and utilize and organize knowledge. The internet as we know it today and especially the World Wide Web as the multimodal interface for the presentation and consumption of multimedia information are the most prominent examples of these developments. To illustrate the impact of new communication technologies on information practices Saumure & Shiri (2008) conducted a survey on Continue reading
Traditional KOSs include a broad range of system types from term lists to classification systems and thesauri. These organization systems vary in functional purpose and semantic expressivity. Most of these traditional KOSs were developed in a print and library environment. They have been used to control the vocabulary used when indexing and searching a specific product, such as a bibliographic database, or when organizing a physical collection such as a library (Hodge et al. 2000). Continue reading
Enabling and managing interoperability at the data and the service level is one of the strategic key issues in networked knowledge organization systems (KOSs) and a growing issue in effective data management. But why do we need “semantic” interoperability and how can we achieve it?
Interoperability vs. Integration
The concept of (data) interoperability can best be understood in contrast to (data) integration. While integration refers to a process, where formerly distinct data sources and Continue reading
The partnership aims to change the way organisations, particularly within Financial Services, manage the semantics embedded in their data landscapes. This will offer several core benefits to existing and prospective clients including locating, contextualising and understanding the meaning and content of Information faster and at a considerably lower cost. The partnership will achieve this through combining the latest Information Management and Semantic techniques including:
- Text Mining, Tagging, Entity Definition & Extraction.
- Business Glossary, Data Dictionary & Data Governance techniques.
- Taxonomy, Data Model and Ontology development.
- Linked Data & Semantic Web analyses.
- Data Profiling, Mining & Discovery.
This includes improving regulatory compliance in areas such as BCBS, enabling new investment research and client reporting techniques as well as general efficiency drivers such as faster integration of mergers and acquisitions. As part of the partnership, Data to Value Ltd. will offer solution services and training in PoolParty product offerings, including ontology development and data modeling services.
Nigel Higgs, Managing Director of Data to Value notes; “this is an exciting collaboration between two firms which are pushing the boundaries in the way Data, Information and Semantics are managed by business stakeholders. We spend a great deal of time helping organisations at a grass roots level pragmatically adopt the latest Information Management techniques. We see this partnership as an excellent way for us to help organisations take realistic steps to adopting the latest semantic techniques.”
Andreas Blumauer, CEO of Semantic Web Company adds, “The consortium of our two companies offers a unique bundle, which consists of a world-class semantic platform and a team of experts who know exactly how Semantics can help to increase the efficiency and reliability of knowledge intensive business processes in the financial industry.”