Business Models for Semantic Content Providers

The Semantic Web, being the next phase in the evolution of the Web, relies on the existence of semantic annotations i.e., the documents describing the data and information using ontologies. The major barrier in the development of the Semantic Internet is that the process of creating semantic annotations is complex and labour-intensive. The lack of semantically annotated data on the one hand, and the need to create, disseminate and use standards for data description in the Semantic Web on the other, have created a niche on the market for suppliers of the semantic content. The purpose of this paper is to present business models of the semantic content providers and discuss the benefits and challenges in the delivery of semantically annotated artefacts.

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