Another Reason for the SW

Recent changes in reporting rules and regulations are going to kill us! "New technologies may change that, however. A reporter from The Economist recently asked Tim Berners-Lee if he could give an example of how companies could make or save money using concepts embodied in the Semantic Web initiative. Berners-Lee at the time did not have a ready answer. But in my mind, the reporting and analysis of financial statements is one area that will benefit greatly from semantics-based technologies." ClearForest is the obvious example of a company doing this.