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Ontological engineering- a necessity for a smooth running business

Posted On : Sep-24-2010 | seen (502) times | Article Word Count : 519 |

Ontological engineering concepts are highly customizable and can be adapted to a number of domains. Along with the integrated decision support system various aspects of business can be evaluated and appropriate decisions can be made and implemented.
The way to your business success goes through how well you manage and administer your business and how good you are at understanding your client or customer requirements. The competition out there in the corporate sector is so tough that you can’t even take a single flick against your goals. The world out there is waiting when you take a wrong move and they over power you. This is the story of every business professional. Gaining profits in the end is the ultimate goal. But this requires a thorough planning and support from a IT consultant or a decision support systems.
You need business intelligence tools that could help you convert data into a meaningful and practicable information. Lets take the example of consumer data- this is an important data that any firm would require to perform multiple functions. A firm may need this to formulate their product or service strategy- to see which section of the population is seeking interest in what kind of products and can also frame the consumer services profile to ensure maximum sale goals being achieved. The firm may also need the IT service support to dispense the data over different domains so that the business professionals find it easy to access and the business proceedings are carried on smoothly. A business professional may also need an integrated decision support systems to review and over lay complex data results and formulate strategies accordingly.
This is a comprehensive way make business proceedings go smoothly. With the data dispensed over multiple domains, it becomes easy to have un restricted accessibility and ensure that the business processes are moving on smoothly. But still some errors may occur and there is need to see that every that is planned is well managed and implemented as well.
Its the data that drives the business decisions and it can make a huge difference with your business proceedings. It can make a huge difference with the with sales and service efforts.
Emerging trends in ontological technology and ontological engineering can help you reduce the issue of poor data integration and allow you make easy and unhindered data sharing. With this the data processing becomes easy and quick and the business performance can be enhanced. The major advantage of these ontological engineering concepts is that these can be customized in accordance to a particular requirement and can be adapted to suit any integrated decision support system.
An empirical ontological engineering can ease the ontological construction process under specific conditions. A better representation of the domain, speed up of the research process, integration of the different users and calculated risk evaluation with the help of integrated decision support system will do a lot for your business enhancement.
In the end the reliability of the support provider remains the prominent issue. Ontological engineering can be miraculous with your business or on the other hand can be completely ineffectual. So it is necessary that you hire a eminent service provider like Terra Frame. For more details and service information you can log onto: terraframe.com

Article Source : http://www.articleseen.com/Article_Ontological engineering- a necessity for a smooth running business_34509.aspx

Author Resource :
JP Batra, a consultant to TerraFrame, Inc, http://www.terraframe.com. TerraFrame is a Healthcare IT company that has
developed extensive expertise in ontological engineering. TerraFrame has produced
driven integrated data support systems
that incorporate GIS, and ontologies for large international health and human services
org

Keywords : Ontological engineering, integrated Decision support system, ,

Category : Computers : Computers

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