Benefits of Ontology Development
Ontology development provides several benefits to organized enterprises. The benefits of
ontology development can be grouped under two headings:
1) Benefits of developing the ontology: The process of ontological analysis is a
discovery process that leads to an enhanced understanding of a domain. The insights
of ontological analysis are useful for (i) identification of problems (diagnosis), (ii)
identification of the problem causes (causal analysis), (iii) identification of
alternative solutions (discovery and design), (iv) consensus and team building, and
(v) knowledge sharing and reuse.
2) Benefits derived from the products of ontology development: The ontologies that
result at the end of an ontology development effort can be used beneficially for (i)
information systems development: ontologies provide a blueprint for developing
more intelligent and integrated information systems, (ii) systems development:
ontologies can be used as reference models for planning, coordinating, and
controlling complex product/process development activities, (iii) business process reengineering:
ontologies provide clues to identifying focus areas for organizational
restructuring and suggest potential high-impact transition paths for restructuring.
Ontological analysis and development have been shown to be useful for: (i) Consensus building,
(ii) Object-oriented design and programming, (iii) Component based programming, (iv) User
interface design, (v) Enterprise information modeling, (vi) Business process reengineering, and
(vii) Conceptual schema design.
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