Semantic web ontologies

Richard MacManus summarizes a new PricewaterhouseCoopers Technology report:

With the Semantic Web, you don”t have to reinvent the wheel with your own ontology, because others, such as musicontology.com and DBpedia, have already created ontologies and made them available on the Web. As long as they”re public and useful, you can use those. Where your context differs from theirs, you make yours specific, but where there”s commonality, you use what they have created and leave it in place. Ideally, you make public the non-sensitive elements of your business-specific ontology that are consistent with your business model, so others can make use of them.