openPR Logo
Press release

Semantic Web and Business Rules - a marriage?

05-25-2007 04:09 PM CET | IT, New Media & Software

Press release from: webxcerpt Software GmbH

Semantic Web Days @ the European Business Rules Conference 2007 (EBRC)

Semantic Web Days @ the European Business Rules Conference 2007 (EBRC)

Semantic Web technologies are nowadays essential for web-based applications. Leading analysts such as Gartner add Semantic Web technologies to the key technology themes. Yet another field has become increasingly important: Business Rules technologies are dealing with the semantic representation of business processes and the influence of business intelligence.
"The Business Rules community and Semantic Web community talk about the same things, but by people with a different background. The Business Rules community is driven by the practical experiences of business people and business consultants while the Semantic Web community is a vision of scientists driven by (mostly) scientific publications", said Silvie Spreeuwenberg, co-founder and director of LibRT.
Based on this observation, a better understanding of each others work is important to achieve a new vision: a 'semantic business' that enables a practical approach to business problems. The aim of the Semantic Web Days at the European Business Rules Conference is to get a better understanding of the differences and similarities that exist between the Semantic Web and Business Rules community.

Business Case:
Real-world applications scenarios for semantic technologies used in Business Intelligence (BI) are developed within the RTD project MUSING (MUlti-industry, Semantic-based next generation business IntelliGence), co-funded by the European Commission, within the 6th Framework Programme, Information Society. MUSING provides semantics-driven BI services for three application areas with high social impact: Financial Risk Management (FRM), Internationalisation and IT Operational Risk.
In one of the use cases in the FRM area we investigate the use of an ontology infrastructure, together with rule-based and statistical natural language processing, for guide the automated process of extracting and merging relevant information from both structured and unstructured (financial) documents. This process allows to include qualitative information, typically contained in unstructured documents, like news articles, in systems that are designed for rating and or scoring companies, adding thus a high-level of semantics and transparency to decision procedures towards credit accordance to companies.

Thierry Declerck, senior consultant at DFKI and coordinator of the research activities in MUSING will give a deeper insight of business cases that kind at the European Business Rules Conference 2007.

Network of Excellence REWERSE - Reasoning on the Web with Rules and Semantics
REWERSE is a leading European research project on Reasoning on the Web. REWERSE develops rule-based languages and applications to query and to automatically reason over Web data. REWERSE's technologies thus enhance today's conventional Web towards a more intelligent "Semantic Web".
The objectives are to develop a set of inter-operable rule-languages supporting various forms of Web reasoning, to provide support tools for reasoning on the Web like rule modelling, verbalization or visualisation, and to test these technologies on various Semantic Web application domains like personalisation, reasoning with time and space or with Bioinformatics data. REWERSE aims to develop open pre-standards of its technologies. As a W3C member REWERSE is involved in various standardisation activities.
For more Information, please visit: www.rewerse.net

More Information:
Dunja Ewinger
webXcerpt Software GmbH
Technology Transfer REWERSE
Tel.: +49 (89) 54 80 88 48
Email: de@webxcerpt.com
www.semantic-web-days.net/EBRC_start.htm

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Semantic Web and Business Rules - a marriage? here

News-ID: 21189 • Views: 3896

More Releases for Web

Altia Overhauls Web Experience
Colorado Springs, CO - August 24, 2011 – Altia, Incorporated, provider of a powerful suite of user experience development and code generation tools, has launched a new company website this week. The new website combines all of the elements of Altia’s previous web offerings together with an updated look and feel. Our product demos showcase Altia tools at work in a variety of embedded applications. Also, the new site has been
New Web Site Opened
PAWTUCKET, RI, May 27, 2011: The Sawyer School is pleased to announce that its new website is available for the public at its new address: www.sawyer.edu. The site was developed over a six-week period with the input of students and administration working in partnership with a local IT firm: The Computer Company in Cromwell, CT. The school’s new web home features an attractive design and a number of informative testimonials from
KeepCalling Launches WEB CALL
Starting February 2011, Keepcalling customers can use their online accounts to make PC to phone calls and to send out SMS's to their friends and family. The new WEB CALL application was created in order to help people stay in touch with their dear ones from back home. Now KeepCalling customers can make international calls at the same great rates from all over the world even if an access number is
Web 2.0 Expo
A global annual gathering of aces in the IT sphere, who are building the next generation web, will take place in San Francisco in April 2008. The program will spotlight experts, leaders, and up-to-date innovations. April 22-25, 2008 – a tremendous event in the world of web will take place in San Francisco, Moscone West. Web 2.0 Expo provides business models, development frameworks and strategies which show how to take advantage
Passionate about web sites
BUCHAREST, Romania - 8th of January, 2007. The company represented by the web site is Northern Counties. This is a company of independent insurance brokers which has formed back in 1928. With over three quarters of a century of insurance experience, Northern Counties have grown to become one of the UK's Leading Insurance Brokers. They provide all types of non-life general insurance and hold agencies with some of the largest
Web Conferencing
Online web conferencing is when a couple of people or groups of people have meetings or even give presentations over the Internet. For those who were involved in computers when they first came on to the market, a web conference meant something much more different than it does today and referred to online communication within the confines of a message board or forum. Today, a web conference is strictly considered