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Ontology Summit 2011: Panel Session-1 "Applications and Case Studies - I" - Thu 2011-01-27

Summit Theme: OntologySummit2011: "Making the Case for Ontology"

Session Title: Harvesting the Business Value of Ontologies: Recent Case Examples

Session Co-chairs: Mr. MillsDavis (Project10X) & Mr. MikeBennett (Hypercube; EDM Council)

Panelists:

  • Mr. MillsDavis (Project10X) - "A precis of several case examples"
  • Mr. GregBardwell (Innovative Query) - "An open semantic platform for content intelligence and smart applications case example"
  • Mr. ChuckRehberg (Trigent) - "An ontology/rules driven custom-manufacturing case example"
  • Mr. Jeff (Yefim) Zhuk (Sallie Mae) - "Integration of Multiple Systems from Multiple Companies"
  • Mr. MikeBennett (EDM Council) - "A financial systemic risk pilot"

Abstract

OntologySummit2011 Theme: "Making the Case for Ontology"

  • Track-2 Focus: "Applications & Use Cases"
  • Session Title: Harvesting the Business Value of Ontologies: Recent Case Examples

This is our 6th Ontology Summit, a joint initiative by NIST, Ontolog, NCOR, NCBO, IAOA & NCO_NITRD. The theme adopted for this Ontology Summit is: "Making the Case for Ontology."

This year's Ontology Summit seeks to address the need to provide concrete evidence of successful deployment of ontologies by examining several application domains for such examples, and in better articulating where different "strengths" of ontological representation are best applied. To support that, the summit also aims to classify the categories of applications where ontology has been, and could be, successfully applied; to identify distinct types of metrics that might be used in evaluating the return on investment in an ontology application (cost, capability, performance, etc.); to lay out some strategies for articulating a case for ontological applications; and to identify remaining challenges and roadblocks to a wider deployment of such applications that represent promising application areas and research challenges for the future. The findings of the summit will be documented in the form of a communiqué intended for public consumption.

The Panel Session today is organized by our Track-2 co-champions, who will be featuring several case examples that will illustrate different ways that ontologies are being used today to deliver value in real-world applications.

See developing details on this Summit series of events at: OntologySummit2011 (home page for this summit)

Agenda

Ontology Summit 2011 - Panel Session-1

  • Session Format: this is a virtual session conducted over an augmented conference call

Proceedings

Please refer to the above

IM Chat Transcript captured during the session

see raw transcript here.

(for better clarity, the version below is a re-organized and lightly edited chat-transcript.)

Participants are welcome to make light edits to their own contributions as they see fit.

-- begin in-session chat-transcript --

Peter P. Yim: .

Welcome to the Ontology Summit 2011: Panel Session-1 "Applications and Case Studies - I" - Thu 2011-01-27

Summit Theme: Ontology Summit 2011: "Making the Case for Ontology"

Session Title: Harvesting the Business Value of Ontologies: Recent Case Examples

Session Co-chairs: Mr. Mills Davis (Project10X) & Mr. Mike Bennett (Hypercube; EDM Council)

Please refer to details on the session page at:

http://ontolog.cim3.net/cgi-bin/wiki.pl?ConferenceCall_2011_01_27

In particular, speaker slides can be found under:

http://ontolog.cim3.net/cgi-bin/wiki.pl?ConferenceCall_2011_01_27#nid2M2V

anonymous morphed into TerryGriffin

anonymous morphed into Ashutosh Prasad

anonymous morphed into Alden Dima

anonymous1 morphed into Kathy Ellis

anonymous morphed into Jie Zheng

anonymous1 morphed into Chuck Rehberg

anonymous morphed into RandyClegg

anonymous morphed into Brian Haugh

anonymous1 morphed into SusanBritton

anonymous morphed into Mark Linehan

anonymous morphed into Matt Hettinger

Peter P. Yim: Mills Davis is speaking ... now on slide#3

Yu Lin: what's the name of this app (slide #3)?

Mike Bennett: cambridge semantics, not sure of the app

Steve Ray: Slide 3 is the Excel spreadsheet plug-in offered by Cambridge Semantics.

Steve Ray: Anzo Solutions Suite, from Cambridge Semantics, with "Anzo for Excel" which was slide 3.

Al Stevens: Cambridge Semantics Anzo app is described at:

http://www.cambridgesemantics.com/products/anzo_for_excel

Arturo Sanchez: @MillsDavis: is there publicly available information about implementation details of

any of these projects?

Arturo Sanchez: ArturoSanchez@MillsDavis: do you know of success stories--associated with using

ontology-driven approaches--in the healthcare industry?

Steve Ray: @MillsDavis: Do any of your examples have quantified benefits, i.e. measured in $ or some

other number?

Mike Bennett: hopefully the detailed case studies should reflect that

Peter P. Yim: Next up is Greg Bardwell ... slide [2-Bardwell]

anonymous morphed into Ram D. Sriram

Peter P. Yim: Greg Bardwell, slide #8 - Case-1 ref. quotemysource.com

Peter P. Yim: Chuck Rehberg is presenting - goto slide [3A-Rehberg]

anonymous morphed into Pavithra Kenjige

Nicola Guarino: I have to rush now, great presentations! Pointers to any public info on project

details appreciated.

Mike Bennett: OK, thanks Nicola

Peter P. Yim: @MikeBennett & @MillsDavis - since Jeff Zhuk has a time constraint, maybe we could consider

having Jeff come on in between GregBardwell's two cases (assuming they are quite independent)

Mike Bennett: yes please

Peter P. Yim: @ChuckRehberg & @MillsDavis - ok with you both? please say so if there are other

constraints that would trump this

Peter P. Yim: @MikeBennett - Chuck probably wouldn't notice this ... maybe Mills is focusing on

something else, please jumps in as Chuck finishes up on this "Natural Language" case

Mike Bennett: ok

Peter P. Yim: @JeffZhuk - please standby

YefimZhuk: ok

Peter P. Yim: next up is Yefim (Jeff) Zhuk - goto slide [4-Zhuk] under

http://ontolog.cim3.net/cgi-bin/wiki.pl?ConferenceCall_2011_01_27#nid2M2V ... we'll come back to

ChuckRehberg's second case later (after JeffZhuk's presentation, as Jeff has to rush to another

meeting)

Ram D. Sriram: @Chuck: Do you have any metrics comparing your rule engine to Rete-based systems. (See,

e'g., Miranker's work at http://www.cs.utexas.edu/~miranker/treator.htm)

anonymous morphed into Allen

Peter P. Yim: @Everyone who is joining us for the first time and don't have a "namesake page" on our

wiki, please populate that page so the rest of the community can get to know you. ... Kindly refer

to instructions at this paragraph if you are new to this wiki flavor

(http://ontolog.cim3.net/cgi-bin/wiki.pl?WikiHomePage#nidA) ... email me <peter.yim@cim3.com> if you

have any question.

Allen morphed into Allen Xiang

Peter P. Yim: Thank you, Allen

Allen Xiang: You are welcome.

Yu Lin: Allen is in our team, we work in biomedical track of applying ontologies. We are from the

University of Michigan Medical School. I'll put something into the wiki page linked to my name. I

will provide more details relevant to ontologies.

Peter P. Yim: @YuLin - thank you

Yu Lin: @Peter, you are welcome.

Mike Bennett: slide 7

Peter P. Yim: next up is Chuck Rehberg on his second case - goto slide [3B-Rehberg]

Mike Bennett: @MillsDavis @PeterYim I can do my talk at a later date if this helps timing

YefimZhuk: Chuck, Peter, Mike, Thank you for moving me up and allowing to speak. I have to leave

now. Talk to you later.

Mike Bennett: Thanks Yefim.

Peter P. Yim: Thank you very much, Jeff ... bye

Ram D. Sriram: @Chuck: How big is your search space? Do you have any examples of ontologies and rules

used in the truck configuration system. Do you have any metrics on the systems usage (e.g., how much

is this used and how well is this helping the company to compete?). How do you evaluate the

ontologies?

Chuck Rehberg: @Ram - My answers in [] below

- How big is your search space? [In terms of possible configurations?]

- Do you have any examples of ontologies and rules used in the truck configuration system.

[Unfortunately cant share this]

- Do you have any metrics on the systems usage (e.g., how much is this used and how well is this

helping the company to compete?). [100% of all vehicles are configured using this system]

- How do you evaluate the ontologies? [based on value (amount of use) in product delivery]

Bobbin Teegarden: Yes, please do have Mike's presentation now.

Yu Lin: what's the name of this UML tool?

Peter P. Yim: @MikeBennett - question above from Yu Lin was in reference to your slide#5

Brian Haugh: Slide 5 title identifies the UML modeling tool as "Enterprise Architect"

Mike Bennett: @YuLin - enterprise architect from sparx

Yu Lin: Thanks.

Brian Haugh: What is "MBS" on slides 11 and 12?

Mike Bennett: MBS = mortgage backed security

Mills Davis: MBS = mortgage backed securities

Yu Lin: @MikeBennett - Is your data model in OWL?

Mike Bennett: @YuLin - not in native OWL/RDF yet but folks working on that

Yu Lin: I see.

Chuck Rehberg: Need to drop off - sorry for leaving early - thanks to all -Chuck

Todd Schneider: @MikeBennett - Is Enterprise Architect (EA) working on supporting OWL?

Mike Bennett: @Todd I don't know. We are however talking to OMG with whom EA is a member, with a view

to formalizing a lot of what we've done.

Jim Rhyne: Mike's ontology is developed using Enterprise Architect. Sandpiper Software has been

working with Mike to export his ontology as OWL RDF/XML

Jim Rhyne: You can contact me for details.

Mike Bennett: And when the Sandpiper export is done this will become the canonical OWL version of our

ontology. However some features like Archetypes are beyond OWL and will require additional

annotation.

Yu Lin: @Mike, you mentioned the Michigan State Univeristy

Mike Bennett: @YuLin - yes, Michigan State U - BillMcCarthy's REA ontology. We used that as the basis

for transactions, including OTC derivatives

Yu Lin: @mike, Thanks.

Yu Lin: It's a great meeting. Gave us a lot of inspirations for our projects. Thanks. See you next week.

Peter P. Yim: Fantastic session ... bye everyone ... see you next Thursday!

Peter P. Yim: -- session ended; 11:33am PST --

-- end of in-session chat-transcript --

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Audio Recording of this Session

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  • Conference Date and Time: 27-Jan-2011 9:38am~11:33am PST
  • Duration of Recording: 1 Hour 49 Minutes
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Additional Resources


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Conference Call Details

  • Date: Thursday 27-Jan-2011
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