Getting Value from Ontologies in Today’s IT Environment

Many large organizations, with ingrained technologies and processes, are not easily able to make a green field switch to pure semantic technology. The presentation will outline ways in which it is still possible to get a lot of value from ontologies such as FIBO, including:

Associating consistent business meaning with business data held in disparate forms including databases, XML schemas, data marts, big data clusters and business reports
Governance and collaboration around that meaning
Semantic alignment of information, and information flows, between different systems, organizations and with regulatory submissions
Meeting the needs of regulatory imperatives such as BCBS 239

Pete Rivett is CTO of Adaptive Inc, a company specializing in the application of metadata and repositories to enterprise modeling and bridging the gap between business and IT. Pete has spent his career in modeling and the development of repository and metadata management software. He works with customers on leading edge projects and is a regular conference speaker. He is heavily involved in the Object Management Group (OMG), sits on its Board and Architecture Board, and is active in most OMG modeling standards. He is on the Leadership Team for the Financial Industry Business Ontology (FIBO) group and co-chairs the Revision Task Forces for the Meta Object Facility (MOF) and the Ontology Definition Metamodel (ODM), and has a leadership role in the Information Management Metamodel (IMM) and MOF2RDF submissions.