sbsgrid linked-data-business_values
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Ten Business Values of Linked-DataTRANSCRIPT
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TEN BUSINESS VALUESOF LINKED-DATA
The Business Values of Linked-Data
SBS Semantic Business Solutions, Inc
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1) Empower the User
Let The User Instantly Find What He Is Looking For
Linked-Data reduces many searches and steps on web forms to one single step. The user easily enters a humans like question in free form – the results are precise and contextual.
eCommerce sales typically increase by 30 to 50 %
LINKED-DATA FOR THE ENTERPRISE
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2) Information In Context
Present Your Offerings Intelligently
Personalization was the first step. The combination with information-in-context creates a much richer user experience. Non obvious but associated information creates “new interactions & transactions”.
LINKED-DATA FOR THE ENTERPRISE
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3) Linked Information from the Web
Harnessing the Web
The web is the biggest and fastest growing pool of information. With Linked-Data enterprises can crawl the web effectively and link information from websites based on meaning and context.
LINKED-DATA FOR THE ENTERPRISE
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4) Linked Information Across Silos
On The Fly Integration of Any Source
In many cases it is too expansive to integrate information. Linked-Data makes it easy, cheap and fast. Information can be contextually linked on the fly and previously untapped areas are made transparent and accessible.
LINKED-DATA FOR THE ENTERPRISE
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5) Linked Information Across Organizations
Virtual Integration Keeping Separate Ownership
Linked-Data allow every information-silo to be self-governed and at the same time a virtual integration layer creates a unified experience across datasets.
LINKED-DATA FOR THE ENTERPRISE
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6) Smart Widgets
Information Linking Outside the Firewall
Linked-Data can be based on XML but they offer context as well. This enables intelligent plug-ins or widgets to be embedded on a portal just with a few lines of JavaScript. Enterprises can effectively distribute offerings.
LINKED-DATA FOR THE ENTERPRISE
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7) Smart Knowledge Bases
Information Linking Outside the Firewall
Public knowledge bases like GeoNames.org are based on Linked-Data. Enterprises can use these services for free. Moreover the effort of keeping the information accurate and up to date is eliminated.
LINKED-DATA FOR THE ENTERPRISE
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8) Unexpected Added Value
Linked-Data Are Self-Descriptive
Unlike in a relational database where information is locked and hard to access, Linked-Data are “open” in a sense that everybody understands them. This means that people can re-use information in ways it was originally not intended.
LINKED-DATA FOR THE ENTERPRISE
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9) Pattern Matching & Analytics
Linked-Data Are Multi-Layered
Unlike in a relational database Linked-Data are automatically multi-layered. This means that additional dimensions (like time) can be added across everything in one operation. Thus pattern matching and analytical functions can be easily and incrementally introduced at any given point in time.
LINKED-DATA FOR THE ENTERPRISE
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10) Machine Learning
Pandora like Recommendation Engines
In Linked-Data every single piece of information is automatically linked to its “surroundings”. This is the ground for machine learning algorithms and recommendation engines like Pandora in the music industry.
LINKED-DATA FOR THE ENTERPRISE
see www.pandora.com