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Towards Adaptive Ontology-Based Virtual Business Networks

  • Peter Weiß
  • Alexander Maedche
Part of the IFIP — The International Federation for Information Processing book series (IFIPAICT, volume 134)

Abstract

In the future scenarios of evolving business networks, enterprises will transform themselves into better forms by becoming “more intelligent”. “Intelligent” means ability of a network or company to react and adapt to changing market opportunities and conditions. Consequently, a fast and easy docking and quick formation of network entities or new business partners providing needed competencies is vital. In this paper we propose an ontology-based methodology (ODAMY) allowing flexible ontology-based partner integration into existing or evolving business networks. On the basis of an empirical model describing key criteria for successful partner integration, we show how ontologies can be applied to support a fast, on demand integration of required resources. ODAMY will be outlined facilitating partner fit and matching seen as crucial functionalities in future dynamic business ecosystems. Our approach is presented using examples and ODAMY is introduced applying ontologies. ODAMY allows accessing and providing information in machine understandable form.

Keywords

Business Partner Business Network Virtual Organization Network Entity Reference Ontology 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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Copyright information

© IFIP International Federation for Information Processing 2004

Authors and Affiliations

  • Peter Weiß
    • 1
  • Alexander Maedche
    • 1
  1. 1.FZI Forschungszentrum Informatik KarlsruheGermany

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