Posts Tagged ‘COgnizant’

Interest Grows In Riding The Semantic Wave

Image Courtesy: Flickr/ Peter Kaminski

Image Courtesy: Flickr/ Peter Kaminski

Industry leaders in sectors including banking and financial services look to have high hopes for semantic technology. They’re thinking about FIBO (Financial Industry Business Ontology) and leveraging semantic technology for more traditional types of data integration and analytics projects. At Cognizant, Thomas Kelly, a director in its Enterprise Information Management practice – and the author of this white paper on How Semantic Technology Drives Agile Business – sees the positive development that clients in the Fortune 500 space like these “are maturing in their use of semantic technology, from a project focus to more enterprise initiatives.”

The interest in FIBO, he says, is representative of an overall interest across in industries in leveraging industry ontologies as mechanisms to help companies better standardize, align and learn from the output of industry-wide efforts. The attention that industry analysts, including Gartner, have put on the semantic web in the last year – not to mention regulators beginning to consider its use in sharing information on a regulatory basis – have helped increase interest by commercial organizations, Kelly notes. That’s also evident in the life sciences sector, as another example, with the efforts of the FDA/PhUSE  Semantic Technology Working Group Project to include a draft set of existing CDISC standards in RDF.

The pickup in attention to many things semantic ties to the different perspectives that organizations need to manage about their data, which include “how they currently think of their data, how it is currently perceived in managing business operations; and where they are looking to go in the future that makes it more inclusive of what’s going on in the world outside their walls – that is, how the rest of the industry looks at this data and uses it to support their business processes,” he says.

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Semantic Technology Drives Agile Business (White Paper)

Cognizant White Paper coverWe are pleased to publish a new white paper for free download, “How Semantic Technology Drives Agile Business,” from Thomas Kelly, a Director in Cognizant’s Enterprise Information Management practice.

Kelly’s experience and pragmatic approach to Enterprise Data Management shows through in this paper.  As Kelly posits in the introduction, “To achieve sustainable competitive advantage and facilitate operational agility, organizations must speed the time to business value of newly acquired data assets from months to weeks or days. Semantic technology provides the architectural foundation for getting there.”

Kelly addresses how the pace of business today is increasing while becoming more complex with considerations like big data and mobile. He points out that traditional Data Warehousing and Business Intelligence approaches simply cannot keep up with that pace. The solution he points to is Semantic Technologies, and he covers how they improve on both DW and BI while delivering “Smart Data” integration and analytics.

Download a free copy of the full white paper by filling out the form below:

About the Author

Photo of Thomas KellyThomas Kelly is a Director in Cognizant’s Enterprise Information Management (EIM) Practice and heads its Semantic Technology Center of Excellence, a technology specialty of Cognizant Business Consulting. He has 20 plus years of technology consulting experience in leading data warehousing, business intelligence, and big data projects, focused primarily on the life sciences and healthcare industries.

 

Part II: At SemTechBiz, Enterprise IT Can Explore Reasons To Go Semantic

We continue our discussion from yesterday of what enterprise IT will learn to love about semantic technologies at the upcoming SemTechBiz conference (the story began here):

Another Score For Data Agility

Looked at from the data warehouse point of view by Thomas Kelly, Practice Director, Enterprise Information Management, for Cognizant Technology Solutions, semantic technology makes it possible to apply Agile development practices to the data warehouse itself. “You can start modeling, work with data, generate analytics and then start tuning based on what you learn,” says Kelly, who will be discussing semantic technology for the data warehousing practitioner at this session. Several semantic technology-based practices can be applied that support iterative, evolutionary improvements with little or no impact to data loading and analytics functions that were built before the refinements were made, he says.

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