Ontology – the benefits trail

Matthew West

Why bother with Ontology?2

Reduced Risk

Identify Business Opportunities

Responsive to change

Increased effectiveness

Reduced Cost

Information

Decisions

Enterprise

suppor

tsdri

ve

Ontologies

suppo

rt

pro

vid

eProvide semantics reasoning

Ontology supporting information

Information Quality

Consistency

Accessibility/Security

Clarity

Relevance

Cost/Benefit

Accuracy

Timeliness/Completeness

Provenance

Definition

Values

Enterprise Data Model

Reference Data

Automated Processes

Data Quality Standards

Interface Operations

Integration Architecture

Physical Data Models

Enterprise Data Model

3