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Industrial Ontologies Foundry Releases Core Ontology Beta

The Open Application Group’s (OAGi) Industrial Ontologies Foundry (IOF) has released the IOF Core Ontology beta. The primary goal of the Core Ontology is to provide domain-working groups with a set of terms commonly used in manufacturing. IOF was established to help industrial communities develop high-quality ontologies as the foundational information models for trusted data […]

Report on Digitizing Repo Market Legal Documentation

Capital market participants create their own data representations, arising from the need for legal agreement data for downstream systems, including collateral, risk, pricing, and capital decisions. Consequently, there is a call for consistent data representation. In response, the International Capital Markets Association (ICMA) has published a strategy paper that evaluates steps to promote the standardization […]

Towards Autonomous Construction Sites

A digital revolution in the construction sector is just over the horizon. Hence, there is a need for a common language and a standardized measure for scoring plants and machinery. The National Highways’ Connected Autonomous Plant (CAP) Levels provide a common language to guide the industry towards transformative change. A first-of-its-kind industry-wide scoring system, the […]

Overcoming the Challenges of Merchant-Driven Product Attributes

Letting merchants drive product attribution is a time-honored retail industry practice. However, merchant-driven attributes are primarily objective, inconsistent, and lack depth. However, for retailers, merchant descriptions of a product could set off a series of challenges beginning from item set-up, site search, demand forecasting, and merchandise planning. A customer-centered product taxonomy that describes the merchandise […]

Linked Open Data’s Potential for Cultural Sector Development

The Linked Open Data for Libraries, Museums, and Archives (LODLAM) projects include the digitization and linking of datasets from archives and catalogs of artifacts within specific institutions. One such project is the Digital Cultural Designer (DCD) project. The project aims to introduce young adults to data and information sharing. This would allow them to learn and experiment with the data corresponding […]

The Sri Lanka Green Finance Taxonomy

The Central Bank of Sri Lanka (CBSL) has launched the Sri Lanka Green Finance Taxonomy. This classification system defines and categorizes environmentally sustainable economic activities. The taxonomy has been prepared in line with the international best practices while harmonizing for the local context. Therefore, it is expected to enable financial market participants to raise low-cost […]

Artificial Intelligence (AI) Based Metadata Enrichment of Newspaper Collections

Many historical newspaper collections have been digitized to allow digital access. However, extracting specific articles from collections, finding related images, and linking related articles remained time-consuming and labor-intensive. Would automatic article extraction and semantic enrichment of these historical newspaper collections, the richest sources of information for humanities research, help improve their accessibility? The DATA-KBR-BE project […]

Why estimate the value of alternative data for investments

The usefulness of alternative data as an input for investment decision-making comes from its ability to capture new price-moving information, which provides an information edge to asset managers. However, a question that is occupying the minds of data users and providers is what is the monetary value of an alternative dataset? Assigning a monetary value […]

Custom Content Taxonomy’s Role in the Post-Cookie Era

Regulatory changes and the sunset of third-party cookies make it harder for publishers and advertisers to collect the user data required to power behavioral advertising. Contextual advertising is now filling this gap. Hence, publishers are embracing custom content taxonomies to increase the precision of their contextual advertisements. In advertising, content taxonomies help publishers define content […]

Lessons Learned From the Use of Nontraditional Data

At the onset of any crisis, economic policymakers would like to define whether we confront a demand or a supply shock. They would also like to determine the magnitudes and likely persistence of these shocks. Moreover, as a crisis unfolds, policymakers also want to understand how the shocks propagate to the broader economy. In this […]