Measuring the Benefits of Ontologies

Authors:
Tobias Bürger;Elena Simperl
Affiliations:
Semantic Technology Institute (STI), Innsbruck, Austria;Semantic Technology Institute (STI), Innsbruck, Austria
Venue:
OTM '08 Proceedings of the OTM Confederated International Workshops and Posters on On the Move to Meaningful Internet Systems: 2008 Workshops: ADI, AWeSoMe, COMBEK, EI2N, IWSSA, MONET, OnToContent + QSI, ORM, PerSys, RDDS, SEMELS, and SWWS
Year:
2008

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Abstract

The technical challenges associated with the development and deployment of ontologies have been subject to a number of research initiatives since the beginning of the nineties. By comparison the economics of ontology engineering remains a poorly exploited field, this underdevelopment having an impact on the adoption of ontology-driven technologies beyond the boundaries of the academic community. The work presented in this paper aims at the alleviation of this situation. We introduce a method for measuring the benefits of ontologies based on a multiple gap model for user information satisfaction analysis. Together with cost models such as ONTOCOM, it can be used to give an account of the economic value of ontologies.