The Importance of Ontology

Ontology and Integration - Managing Application Semantics Using Ontologies and Supporting W3C Standards " Ontologies are important to application integration solutions because they provide a shared and common understanding of data (and, in some cases, services and processes) that exists within an application integration problem domain, and how to facilitate communication between people and information systems. By leveraging this concept we can organize and share enterprise information, as well as manage content and knowledge, which allows better interoperability and integration of inter- and intra-company information systems. We can also layer common ontologies within verticals, or domains with repeatable patterns."