Let's have a small recap of the chapter:
Q: What are Ontologies and what is their significance in intelligent systems?
A: Ontology as a generic term means the knowledge of everything that exists in this universe. As applicable to information systems, Ontologies represent a semantic and standardized view of the world's knowledge assets. They are domain-specific representations of knowledge and models related to real world entity representations. The intelligent systems that link heterogeneous knowledge domains need to have access to consistent representations of knowledge in order to interoperate and understand contextual events to make inferences and decisions, which trigger actions and hence results, in order to ...
