Cognitum’s year got off to a good start, with an investment from the Giza Polish Ventures Fund, and it plans to apply some of that funding to building its sales and development teams, demonstrating the approaches to and benefits of semantic knowledge engineering, and focusing on big implementations for recognizable customers. The company’s products include Fluent Editor 2 for editing and manipulating complex ontologies via controlled natural language (CNL) tools, and its NLP-fronted Ontorion Distributed Knowledge Management System for managing large ontologies in a distributed fashion (both systems are discussed in more detail in our story here). “The idea here is to open up semantic technologies more widely,” says CEO Pawel Zarzycki.
To whom? Zarzycki says the company currently has pilot projects underway in the banking sector, which see opportunities to leverage ontologies and semantic management frameworks that provide a more natural way for sharing and reusing knowledge and expressing business rules for purposes such as lead generation and market intelligence. In the telco sector, another pilot project is underway to support asset management and impact assessment efforts, and in the legal arena, the Poland-based company is working with the Polish branch of international legal company Eversheds on applying semantics to legal self-assessment issues. Having a semantic knowledge base can make it possible to automate the tasks behind assessing a legal issue, he says, and so it opens the door to outsourcing this job directly to the entity pursuing the case, with the lawyer stepping in mostly at the review stage. That saves a lot of time and money.