Itqualityassurance
What is a business ontology?
A business process ontology defines the concepts that constitute a business process and the relationships among them. As such, the business process ontology defines structure.
Why is ontology important in business?
By formalizing your business rules and processes, formal ontology provides a way to clarify and to retain key knowledge within your company.
What is my ontology?
In brief, ontology, as a branch of philosophy, is the science of what is, of the kinds and structures of objects. In simple terms, ontology seeks the classification and explanation of entities. Ontology is about the object of inquiry, what you set to examine.
