Ontologies for E-business

February 1st, 2006  |  Published in Business, News

Information Society Technologies

The open source OBELIX project, carried out under the European Commission’s IST Programme, goes a step beyond more traditional semantic-based approaches, using ontologies to capture richer profiles of products and services, even intangible ones, and interlink the relationships between them. The project’s interdisciplinary approach draws not only from computer science and artificial intelligence but also from economics, systems theory and current business practice.

The system is a first step toward automating e-business services in a Semantic Web environment, relying on machine-understandable semantics in e-business data and processing systems.

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